Mount Carmel, TN
Housing market overview · Updated weekly
$295,000median sale price
Homes sold
4
Last 12 weeks
Days on market
107
Average pace
Active listings
18
4.5 months supply
Sale-to-list
95.4%
Below asking
The Mount Carmel housing market is currently classified as a buyer's market with a median sale price of $295,000. Prices have risen 126.9% compared to last year, with homes spending an average of 107 days on market, indicating 4.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Mount Carmel
There are currently 18 homes listed for sale in Mount Carmel, Tn. The median listing price is $335K.
Active listings
18
Homes on market
Median list price
$335K
Avg. days on market
107
Days until sale
New this week
6
Newly listed
Explore nearby cities in TN
Frequently asked questions
What is the average home price in Mount Carmel?
The median home sale price in Mount Carmel is $295,000, up 126.9% from last year.
How long do homes stay on market in Mount Carmel?
Homes typically spend 107 days on market before going under contract.
Is Mount Carmel a buyer's or seller's market?
With 4.5 months of supply, Mount Carmel is currently a buyer's market.
Get Mount Carmel market alerts
Weekly updates on prices, inventory, and trends. Free forever.