Mount Carmel, OH is a great place to live when it comes to housing. The median value of the homes here is $199,700, much lower than the US House Median Value of $338,100. But what really sets Mount Carmel apart from other places is its house appreciation rate. With a 1 year appreciation of 10.68%, Mount Carmel's housing market has grown significantly over the past year, outpacing even the impressive US rate of 8.27%. This makes it an attractive option for anyone looking to buy or sell a home in the near future.
The median home cost in Mount Carmel is $199,700. Home appreciation the last 10 years has been 86.6%. Home Appreciation in Mount Carmel is up 16.6%.
Average Age of Homes
- The median age of Mount Carmel real estate is 48 years old
The Rental Market in Mount Carmel
- Renters make up 39.7% of the Mount Carmel population
- 1.8% 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.