Mount Carmel, PA Housing

The housing market in Mount Carmel borough, PA is doing well. The median value of homes is $76,100, significantly lower than the national median value of $338,100. Additionally, the one year appreciation rate for homes in Mount Carmel borough is 10.35%, higher than the national average of 8.27%. This indicates that there is a healthy appetite for real estate in Mount Carmel borough and that homeowners can expect to see gains on their investment over time.

The median home cost in Mount Carmel is $76,100. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Mount Carmel is up 14.3%.

Average Age of Homes

- The median age of Mount Carmel real estate is 78 years old

The Rental Market in Mount Carmel

- Renters make up 24.2% 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Mount Carmel, Pennsylvania	United States
	3,469.0	139,647,020.0
	67	42
	$76,100	$338,100
	14.3%	16.6%
	43.1%	57.0%
	51.5%	101.1%
	$13.97	$10.98
	$746	$2,690
	51.7%	57.4%
	22.9%	11.2%
	25.4%	31.4%
Vacant Housing
	1.8%	1.9%
	1.2%	0.4%
	2.1%	0.7%
	1.4%	0.4%
	0.2%	3.6%
	16.1%	4.1%
Value of Owner-Occupied Housing
	17.8%	2.6%
	25.4%	2.4%
	10.1%	2.8%
	15.9%	3.9%
	7.8%	4.5%
	15.4%	11.3%
	2.5%	13.0%
	2.5%	20.1%
	2.5%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.6%	13.6%
	0.6%	13.6%
	0.5%	13.6%
	7.2%	13.2%
	3.9%	14.8%
	0.5%	13.6%
	11.6%	10.0%
	12.0%	4.7%
	59.2%	12.2%