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Land Foreclosures in Mt Carmel, TN

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Mt Carmel, TN Foreclosures

Current Market Conditions in in Mt Carmel, TN As of February 2026?
Over the past month, Mt. Carmel has seen a slight increase in both the number of homes sold and the average selling price. This trend indicates a growing interest in the region, likely due to its attractive lifestyle options and affordability compared to nearby urban areas. The market remains competitive but is still accessible for first-time buyers.
How much do homes sell for in Mt Carmel, TN?
The average home price is currently $237,878.
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 $942,922.
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 small town with a rich sense of community and a backdrop of natural beauty. The area is known for its outdoor recreation opportunities, historical charm, and family-friendly events. Residents enjoy easy access to larger cities while benefiting from a peaceful, suburban lifestyle.

Buyer vs Seller Market in Mt Carmel, TN

The real estate market in Mt. Carmel is currently characterized by stable prices with a slight upward trend. Homes are selling relatively quickly, indicating a steady demand for housing in the area. Buyers are attracted by the town's affordable living costs and appealing lifestyle.

New listings are typically on the market for a shorter period than in previous years, showcasing buyer confidence and market health. As more people seek refuge in small towns post-pandemic, Mt. Carmel has become a viable option for families and retirees.

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 $237,719.00. 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 $237,878.00, with the most expensive house in Mt Carmel, TN, topping out at $942,922.00 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 Land


Market Trend for Mt Carmel, TN

Total Listings Available: 0

Market Values:

Home Prices from $9,071 to $942,922

Average Sales Price: $237,878

Rental Values:

Rental from $570 to $1,940

Average Rent Value: $1,112 / month

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