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Foreclosure Homes in Mt Carmel, TN

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Mt Carmel, TN Foreclosures

Current Market Conditions in in Mt Carmel, TN As of March 2026?
In the past month, the Mt. Carmel housing market has seen a slight uptick in demand as more buyers are searching for homes that offer more space and natural surroundings, particularly in the wake of the continued trend toward remote work. This has led to an increase in showings and a decrease in time on the market for some properties.
How much do homes sell for in Mt Carmel, TN?
The average home price is currently $239,632.
In Mt Carmel, TN, how many homes are available?
There are currently 4 active home listings available in Mt Carmel.
What’s the average rental cost in Mt Carmel, TN?
The average rental price in Mt Carmel is $1,112.
What is the most expensive home in Mt Carmel?
The most expensive home sold in Mt Carmel had a price of $991,721.
What is currently the cheapest priced home in Mt Carmel, TN?
The cheapest home for sale in Mt Carmel is priced at $9,071.

Living in Mt Carmel, TN

Mt. Carmel, Tennessee is a peaceful small town known for its welcoming atmosphere and outdoor recreational opportunities. Residents enjoy a close-knit community along with access to Cherokee Lake for various water activities. With its beautiful scenery and good schools, it’s an attractive location for families and those looking to retire.

Buyer vs Seller Market in Mt Carmel, TN

The real estate market in Mt. Carmel is currently active, with a range of properties available from affordable to upscale homes. The town is seeing gradual growth due to the increasing interest in suburban living, which could lead to rising property values over time.

Home sales have remained steady, with interest particularly in single-family homes that offer spacious yards and proximity to natural attractions. The charm of the town combined with lower price points compared to larger nearby cities makes it an appealing choice for homebuyers.

Home Value Estimator For Mt Carmel, TN

There are currently 386 real estate properties in Mt Carmel, TN, with a median automated valuation model (AVM) price of $241,718.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mt 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 Mt Carmel, TN, is $239,632.00, with the most expensive house in Mt Carmel, TN, topping out at $991,721.00 and the cheapest home in Mt Carmel, TN, clocking in at $9,071.00. In other words, there’s something for every potential homebuyer or savvy investor in Mt Carmel, TN!

Rent Prices In Mt Carmel, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mt Carmel, TN, is on a rollercoaster ride. The average rent price in Mt Carmel, TN, is $1,112.00. Indeed, when looking to rent in Mt Carmel, TN, you can expect to pay as little as $570.00 or as much as $1,940.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Mt 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.

Mt Carmel, TN Foreclosures


Market Trend for Mt Carmel, TN

Total Listings Available: 4

Market Values:

Home Prices from $9,071 to $991,721

Average Sales Price: $239,632

Rental Values:

Rental from $570 to $1,940

Average Rent Value: $1,112 / month

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