Mount Carmel, TN Home Values & Market Trends
Real estate market trends reflect that there have been 101 transactions over the past year in Mount Carmel. The median value for residential home transactions that occurred over the previous year is $291,233. The number of current listings in Mount Carmel is 111, and the percentage of properties for sale in the city is 111.00%. Mount Carmel, TN currently has 5 properties in foreclosure, 2 bank owned properties, 3 properties headed for auction, and 111 properties for sale.
Mount Carmel, TN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 37645 | $ 289,482 $ 176/sqft |
Housing Market Summary for Mount Carmel, TN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $272K | $315K | 15.81% |
| Median Sold Price | $209.1K | $247.4K | 18.32% |
| Homes For Sale | 21 | 97 | 361.90% |
| Homes Sold | 6 | 15 | 150.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Mount Carmel, TN
Browse Homes in Mount Carmel, TN
Mount Carmel home values range from $40,669 to $544,000. The median estimated value of a home in Mount Carmel is $291,233. The median list price of a home is 320,000, and the total count of properties in the city is 137.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Mount Carmel, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Mount Carmel, TN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Mount Carmel, TN ranges from the highest value of $170,149 in 37645 to the lowest value of $106,900 in 37645. Bank owned homes and properties account for 1.46% of properties in Mount Carmel, TN. There is 1 zips within Mount Carmel, TN; 37645 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions37645 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Mount Carmel, TN. Auction homes and other auction properties account for 2.19% of all properties in Mount Carmel, TN. There is 1 zips within Mount Carmel, TN; of that zips, the median estimated home value for homes going to auction ranges from $349,000 in 37645 to the lowest value of $120,556 in 37645.
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Guide for Mount Carmel, TN
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
