Mount Carmel, IL Housing Market
$117,838
0.1% 1-yrThe average Mount Carmel, IL home value is $117,838, down 0.1% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Mount Carmel Key Takeaways
Typical Home Values: $117,838
1-Year Value Change: -0.1%
(Data through August 31, 2026)
Mount Carmel Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Buckskin--
- First Avenue West$204,574
- North Country Club$169,462
- Western Terrace$200,299
- Country Club Manor$181,877
- Cedar Hall$60,329
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Mount Carmel Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Mount Carmel, IL?
The median home value in Mount Carmel, IL is $117,838 as of August 2026. This represents a 0.8% increase compared to last month and a 0.1% decrease year-over-year.
How have home values changed in Mount Carmel, IL?
Home values in Mount Carmel, IL have increased by 0.8% month-over-month and 0.1% year-over-year.
How do home values in Mount Carmel, IL compare to Wabash County, Illinois, and the national average?
The median home value in Mount Carmel, IL ($117,838) compares to: Wabash County ($132,178), Illinois ($297,573), and the U.S. national median ($368,697).
