Home prices
The median home in Mount Carmel is valued at $151,600. It is roughly $31,540 (26%) higher in comparison to nearby areas.Compared to the entire nation it is approximately $65,900 (30%) lower, and compared to the city of Knoxville is about $15,300 (11%) higher.
Rents
In Mount Carmel the median monthly rent is $682. This is about $100 (17%) higher compared to other places in this area.It is roughly $380 (35%) lower compared to the US as a whole, and is approximately $163 (19%) lower compared to the city of Knoxville.
Nearby places
Church Hill
Church Hill is Mount Carmel's neighbor to the southwest. Its real estate prices are a little less expensive. The cost of the median home in Church Hill is $142,600, which works out to $9,000 (6%) lower than Mount Carmel. Its rents are a bit less expensive. The median rent in Church Hill is $593 a month, which works out to $89 (15%) lower than Mount Carmel.
Kingsport
Kingsport is Mount Carmel's neighbor to the southeast. The housing prices there are similar. The value of the median home in Kingsport is $145,800, which is $5,800 (3%) lower than Mount Carmel. Rent there is similar. The median rent in Kingsport is $655 per month, which works out to $27 (4%) lower than Mount Carmel.
Weber City
Weber City is approximately 6 miles northeast from Mount Carmel. Real estate prices there are a lot less expensive. The price of the median home in Weber City is $105,500, which works out to $46,100 (43%) lower than Mount Carmel. Its rents are a little less expensive. In Weber City the median monthly rent is $587, which comes out to $95 (16%) lower than Mount Carmel.
Gate City
Gate City is approximately 6 miles northeast of Mount Carmel. Housing prices there are substantially less expensive. The median home in Gate City costs $96,400, which is $55,200 (57%) lower than Mount Carmel. Rent there is substantially less expensive. The median monthly rent in Gate City is $488, which works out to $194 (39%) lower than Mount Carmel.
Bloomingdale
Bloomingdale is about 7 miles east from Mount Carmel. Real estate prices there are significantly less expensive. Bloomingdale's median home cost is $110,000, which comes out to $41,600 (37%) lower than Mount Carmel. Its rents are a little less expensive. In Bloomingdale the median monthly rent is $585, which is $97 (16%) lower than Mount Carmel.
