The housing in Mount Carmel, ND is quite affordable, with the median value being $161,400. This is significantly lower than the US median, which stands at a whopping $338,100. Despite this discrepancy in pricing, the 1 year appreciation rate for houses in Mount Carmel is 7.60%, which is only slightly below the national average of 8.27%. This suggests that Mount Carmel's housing market is relatively stable and could be an attractive option for potential buyers looking for a cheaper alternative to pricier neighborhoods across the US.
The median home cost in Mount Carmel is $161,400. Home appreciation the last 10 years has been 61.5%. Home Appreciation in Mount Carmel is up 9.6%.
Average Age of Homes
- The median age of Mount Carmel real estate is 54 years old
The Rental Market in Mount Carmel
- Renters make up 0.0% of the Mount Carmel population
- 0.0% of houses and apartments in Mount Carmel, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.