Home prices
The price of the median home in Mount Carmel is $78,700. This is approximately $13,880 (21%) higher compared to other places in this area.Compared to the rest of the country it is about $138,800 (63%) lower, and in comparison to the city of Evansville it is about $15,500 (16%) lower.
Rents
In Mount Carmel the median rent is $606 per month. In comparison to its nearby areas it is is very similar.Compared to the rest of the nation it is roughly $456 (42%) lower, and in comparison to the city of Evansville it is about $168 (21%) lower.
Nearby places
Bellmont
Bellmont is about 7 miles west from Mount Carmel. Its housing prices are substantially less expensive. The median home in Bellmont costs $46,000, which comes out to $32,700 (71%) lower than Mount Carmel. Rents there are a bit more expensive. In Bellmont the median rent is $650 per month, which works out to $44 (6%) higher than Mount Carmel.
Allendale
Allendale is about 8 miles north of Mount Carmel. The real estate prices there are a little less expensive. The median home in Allendale is valued at $71,600, which works out to $7,100 (9%) lower than Mount Carmel. Its rents are a bit less expensive. Allendale's median monthly rent is $538, which is $68 (12%) lower than Mount Carmel.
Patoka
Patoka is about 8 miles east of Mount Carmel. Housing prices there are significantly less expensive. The median home in Patoka costs $45,500, which is $33,200 (72%) lower than Mount Carmel. Rents there are a little more expensive. Patoka's median monthly rent is $700, which comes out to $94 (13%) higher than Mount Carmel.
Princeton
Princeton is about 9 miles southeast of Mount Carmel. The housing prices there are a bit more expensive. The median home price in Princeton is $96,900, which is $18,200 (18%) higher than Mount Carmel. Its rents are fairly similar. In Princeton the median rent is $626 per month, which comes out to $20 (3%) higher than Mount Carmel.
Browns
Browns is approximately 10 miles west of Mount Carmel. Real estate prices there are somewhat less expensive. The median home in Browns is valued at $64,100, which is $14,600 (22%) lower than Mount Carmel. Rents there are somewhat less expensive. Browns's median monthly rent is $525, which is $81 (15%) lower than Mount Carmel.