Photo: Nyttend · Public domain28 homes sold in Mount Carmel in the last year, at a typical $138K
Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Mount Carmel homes are listed.
Every place Mount Carmel homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Mount Carmel.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 0% of Mount Carmel’s sales, at a typical — (year to May 2026)
28 homes sold in the year to September 2026.
More homes sell than most years, at 1.6 times the 2016 price
28 sales in the last year, against 32 in 2021 and a low of 1 in 2014. The typical sale went from $85K in 2016 to $138K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
Bidding wars in Mount Carmel are more common than before the pandemic, but three quarters fewer homes come up for sale
We read every month of Mount Carmel’s home sales since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 28 sales.
If you’re buying in Mount Carmel
- Shop in July. It brings about 2 new listings a month, close to the busiest month, with fewer bidding wars (7% over asking).
- Offer under asking. Buyers paid 95.2% of the list price on average; 25% paid over.
- Move fast on good ones. 61% of homes are under contract within two weeks.
Summer brings the homes; spring brings the bidding wars
June has the most new listings (about 3 a month), but March is the most competitive: 20% of March sales close over asking. July has the least competition (7%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Illinois
| Mount Carmel now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 25% | 13% | 19% | 36% |
| Gone within two weeksShare of homes under contract within 14 days | 61% | 0% | 0% | 45% |
| Price paid vs. askingAverage sale price ÷ list price | 95.2% | 94.4% | 96.9% | 99% |
| Days to sellMedian days from listing to contract | 22 | 132 | 109 | 51 |
4 homes for sale on a typical day
That’s 2.7 times the 2014 low (2), 77% fewer than in 2017–19 and well under 2018’s 21.
Source: Redfin Data Center, city figures, January 2014 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Mount Carmel home costs about $878 a month
Price: Mount Carmel’s typical sale, last 12 months. Property tax at Mount Carmel’s 1.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Mount Carmel is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. February has the fewest, about 2.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $138K home, about $1,900 a year.
Taxes vs. neighborsSchools
The schools grade for Mount Carmel, from test results, graduation and how much students grow.
Schools in Mount CarmelTypical commute
The average one-way trip to work for people who live in Mount Carmel.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot; Princeton, Fort Branch, Vincennes and Oakland City for far more
The busier markets within 25 miles of Mount Carmel, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Vincennes | 190 | $148K | $109 | 12% | 33 |
| Princeton | 106 | $165K | $118 | 22% | 17 |
| Oakland City | 38 | $134K | $107 | 15% | 28 |
| Fort Branch | 37 | $205K | $147 | 26% | 19 |
| Mount Carmel | 28 | $138K | $83 | 25% | 22 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Mount Carmel, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Mount Carmel. People who follow the town see it, and so do people comparing Mount Carmel with their own town. No commission, no listing fee.
Questions about buying a home in Mount Carmel
What do homes sell for in Mount Carmel, IL?
28 homes sold in the year to September 2026 at a typical $138K, $83 a square foot.
Is Mount Carmel a buyer’s or seller’s market?
A balanced market: 12 homes were for sale in September 2026 and 2 sold, about 5.2 months of supply. Buyers paid 95.2% of asking on average.
When is the best time to buy in Mount Carmel?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Mount Carmel?
About 1.4% of a home’s value a year. On a $138K home that’s near $1,900.
Where can I see homes for sale in Mount Carmel?
Zillow, Redfin, Realtor.com and Homes.com all carry Mount Carmel’s MLS listings; the search links above open each one filtered to Mount Carmel.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).