Zip 37645 (Mount Carmel, TN) Housing

The housing market in 37645 Mount Carmel, TN is booming. The median value of housing in this area is $220,200, which is significantly lower than the US house median value of $338,100. Despite this price difference, the one-year appreciation rate for housing here has been 20.28%, compared to 8.27% across the United States. This shows that there is strong demand for housing in 37645 Mount Carmel, TN and that prices are likely to continue to rise in the near future.

The median home cost in Mount Carmel (zip 37645) is $220,200. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Mount Carmel (zip 37645) is up 24.2%.

Average Age of Homes

- The median age of Mount Carmel (zip 37645) real estate is 39 years old

The Rental Market in Mount Carmel (zip 37645)

- Renters make up 15.0% of the Mount Carmel (zip 37645) population
- 0.0% of houses and apartments in Mount Carmel (zip 37645), 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, Tennessee	United States
	2,350.0	139,647,020.0
	43	42
	$220,200	$338,100
	24.2%	16.6%
	71.7%	57.0%
	87.2%	101.1%
	$8.12	$10.98
	$1,271	$2,690
	81.8%	57.4%
	4.2%	11.2%
	14.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	4.2%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	0.9%	2.4%
	2.3%	2.8%
	4.2%	3.9%
	13.7%	4.5%
	21.1%	11.3%
	36.9%	13.0%
	12.2%	20.1%
	5.4%	13.6%
	0.3%	8.3%
	0.0%	9.7%
	0.8%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.2%	13.6%
	13.2%	13.6%
	14.1%	13.6%
	16.5%	13.2%
	20.2%	14.8%
	14.1%	13.6%
	9.1%	10.0%
	8.6%	4.7%
	1.5%	12.2%

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