The housing median value in Mount Carmel, SC is $92,300, which is significantly lower than the United States median value of $338,100. Despite this gap, the area has seen an impressive 1 year appreciation rate of 11.61%, higher than the national average of 8.27%. This indicates that people are recognizing the potential for investment in Mount Carmel and driving up prices. With affordable median values and increasing home values, Mount Carmel is a great place to invest in property.
The median home cost in Mount Carmel (zip 29840) is $92,300. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Mount Carmel (zip 29840) is up 22.1%.
Average Age of Homes
- The median age of Mount Carmel (zip 29840) real estate is 44 years old
The Rental Market in Mount Carmel (zip 29840)
- Renters make up 14.1% of the Mount Carmel (zip 29840) population
- 0.0% of houses and apartments in Mount Carmel (zip 29840), 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.