Housing in Mount Carmel, TN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$212,500

Median List Price

$310,000

Price Per Sq Ft

$170

Days on Market

71

Active Inventory

20

Months of Supply

4.0

Balanced market

Zillow Home Value

$250,675

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 24.8%List Price 19.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

20.0%

Off Market in 2 Weeks

20.0%

Sale-to-List Ratio

100.8%

Seller's market

Sold Above Asking
20.0%
Under Contract in 2 Wks
20.0%
Listings with Price Drops
40.0%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

6

Pending Sales

5

Homes Sold 16.7%New Listings 14.3%Pending 16.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$170

Median List $/SF

$165

Sale $/SF 5.6%List $/SF 6.5%Mar 24Jan 26

Mount Carmel vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Mount Carmel is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$179,700

Median Rent

$804

Total Housing Units

2,115

Vacancy Rate

4.9%

Owner Occupied

88.5%

Renter Occupied

11.5%

Median Property Tax

$1,225

per year

Monthly Cost (w/ Mortgage)

$902

Housing Types

Single Family
93.3%
Multi-Family
0.4%
Mobile Home
6.3%

The current median sale price in Mount Carmel, TN is $212,500 according to Redfin data. Homes spend a median of 71 days on the market. 20.0% of homes sold above asking price. The market has 4.0 months of supply. The median price per square foot is $170. The median rent is $804 per month (Census ACS). About 88.5% of housing units are owner-occupied. The median year homes were built is 1979. There are 2,115 total housing units.