Home Values

Mount Carmel Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$116,100

  • 3.1% 1-year change
  • 2.0% 1-year forecast

The median home value in Mount Carmel is $116,100. Mount Carmel home values have gone up 3.1% over the past year and Zillow predicts they will rise 2.0% within the next year. The median list price per square foot in Mount Carmel is $99, which is higher than the Cincinnati Metro average of $92. The median price of homes currently listed in Mount Carmel is $162,900 while the median price of homes that sold is $130,500. The median rent price in Mount Carmel is $509, which is lower than the Cincinnati Metro median of $900.

Foreclosures will be a factor impacting home values in the next several years. In Mount Carmel 18.4 homes are foreclosed (per 10,000). This is greater than the Cincinnati Metro value of 5.3 and also greater than the national value of 4.0

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Relative ZHVI
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Mount Carmel Market Overview

Data through Dec 31, 2014
  • $116,100 ZHVI
  • 2.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Dec 31, 2015)
  • $162,900 Median listing price
  • No recent data Median sale price
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Mount Carmel Market Health

Data through Dec 31, 2014
  • 4.2/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

18.4 homes Mount Carmel
5.3 homes Cincinnati Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Terrace Park $438,200
Dry Run $306,200
Turpin Hills $287,000
Name Median ZHVI
Mariemont $279,600
Sherwood $174,100
Cherry Grove $166,700
Name Median ZHVI
Withamsville $126,300
Newtown $114,800
Summerside $113,500

Listings & Sales

Data through Dec 31, 2014
  • $99 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 27.1% Listings with price cut
27.3%
Sold below listing
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Mount Carmel Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,125 Mount Carmel
    $1,201 Cincinnati Metro
    $1,345 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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