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Foreclosure Auction Homes in Mount Carmel, TN

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Mount Carmel, TN Foreclosures

How much do homes sell for in Mount Carmel, TN?
The average home price is currently $210,848.
In Mount Carmel, TN, how many homes are available?
There are currently 2 active home listings available in Mount Carmel.
What’s the average rental cost in Mount Carmel, TN?
The average rental price in Mount Carmel is $1,010.
What is the most expensive home in Mount Carmel?
The most expensive home sold in Mount Carmel had a price of $2,964,700.
What is currently the cheapest priced home in Mount Carmel, TN?
The cheapest home for sale in Mount Carmel is priced at $8,691.

Living in Mount Carmel, TN

Mount Carmel, TN offers a tranquil small-town environment surrounded by beautiful Appalachian scenery. The community is known for its friendly atmosphere, local amenities, and outdoor recreational opportunities. This charming area is perfect for families and those seeking a peaceful lifestyle.

Current Market Conditions in Mount Carmel, TN

The real estate market in Mount Carmel is currently experiencing moderate growth, with an increase in buyer interest due to the area's natural attractions and community-focused lifestyle. Homes in the area are seeing steady appreciation, and many buyers are looking for properties that provide both charm and modern conveniences.

As remote work becomes more popular, many professionals are relocating to quieter areas like Mount Carmel, increasing demand for homes with larger spaces and outdoor areas. This trend has led to a heightened interest in properties that can serve as both a living environment and a personal retreat.

Home Value Estimator For Mount Carmel, TN

There are currently 2,313 real estate properties in Mount Carmel, TN, with a median automated valuation model (AVM) price of $214,790.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mount Carmel, TN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Mount Carmel, TN, is $210,848.00, with the most expensive house in Mount Carmel, TN, topping out at $2,964,700.00 and the cheapest home in Mount Carmel, TN, clocking in at $8,691.00. In other words, there’s something for every potential homebuyer or savvy investor in Mount Carmel, TN!

Rent Prices In Mount Carmel, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mount Carmel, TN, is on a rollercoaster ride. The average rent price in Mount Carmel, TN, is $1,010.00. Indeed, when looking to rent in Mount Carmel, TN, you can expect to pay as little as $570.00 or as much as $2,320.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Mount Carmel, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Mount Carmel, TN Foreclosure Auction Homes


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