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Today: September 22, 2025
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Mount Carmel Real Estate Forecast, Mount Carmel Area Housing Prices and Home Value Trends and Predictions

Is buying a house in Mount Carmel a good investment? The median home price in Mount Carmel today: ▼ 84,376 USD (-25.691%)

  • History
  • Forecast
  • Data
  • Q&A

Current Price

$84,376

1 Month Forecast

▲ $115,611

1-Year Forecast *

▲ $119,951

5-Year Forecast *

▲ $140,838

"Is it a good time to buy homes in Mount Carmel?" "Does investing in real estate in Mount Carmel (Illinois State, Wabash County) worth it?" According to our live Forecast System, buying a house in Mount Carmel is a outstanding short-term (1-year) investment*. The Mount Carmel average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Mount Carmel" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Mount Carmel in Illinois State, Wabash County. If you are looking for homes for sale with good flipping profit, Mount Carmel can be a profitable property investment option. The median price of an average house in Mount Carmel was 84,376 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Mount Carmel" area is 140,838 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +66.92% meaning that investing 100000 USD today may yield a profit of 66,916 USD by 2030.

Current Median Listing Price: 84,376 USD Median Listing Price Per Square Foot: 47 USD

Mount Carmel Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Mount Carmel (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

Mount Carmel Price Target

Mount Carmel median home price target in 12 months: $119,951* (upside of 42.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $107,990 $113,548 $107,990 $113,548
2024 $76,831 $84,376 $76,514 $84,376
2023 $101,560 $78,407 $78,407 $101,650
2022 $95,790 $99,866 $95,336 $99,866
2021 $84,987 $93,500 $84,987 $93,500
2020 $87,355 $85,249 $81,815 $87,355
2019 $76,083 $86,468 $76,083 $88,810
2018 $73,140 $76,992 $73,140 $78,024
2017 $81,332 $72,691 $72,691 $81,332
2016 $0 $82,227 $0 $87,778
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Mount Carmel Housing Market Forecast

How much does an average home cost in Mount Carmel today?

The value of an average home (the listing price) in Mount Carmel is $84,376 USD.

What is the average price per square foot in Mount Carmel?

According to Walletinvestor the median price per square foot in Mount Carmel is 47 USD.

Will the median listing price of homes in Mount Carmel grow / rise / go up?

Yes. The Mount Carmel home prices may rise from 84,376 USD to 119,951 USD in one year.

Is it profitable to invest in Mount Carmel homes?

Yes. The long-term profit potential is +42.16% in one year.

Will Mount Carmel house prices fall / drop?

No. See above.

What is the predicted price of a Mount Carmel home in 2030?

The predicted home sales price of a Mount Carmel home in 2030 in Mount Carmel is 140,838 USD.

What is the predicted price of a Mount Carmel home in 2035?

The predicted home sales price of a Mount Carmel home in 2035 in Mount Carmel is 169,658 USD.

Will real estate prices decrease in Mount Carmel?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Mount Carmel is the 9451. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Wabash, Mount Carmel increased, looking at the past 12 months.

According to Walletinvestor's Mount Carmel real estate market research, home values will increase in the next 12 months.

Median home values increased by 6.761% to 84,376 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 41.932% in 2020
  • 42.932% in 2021
  • 41.052% in 2022
  • 42.682% in 2023
  • 43.832% in 2024
  • 42.252% in 2025

Based on our Mount Carmel real estate market research and report the predicted sales prices will increase by 3,271.523% in the next 10 years.

Over the last 12 months, the value of homes in Mount Carmel fluctuated: increasing 10 times .

Mount Carmel (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Mount Carmel Housing Market Forecast with Real Estate Prices for 2025
August 2025 115611 108211 123010
September 2025 116460 110405 122516
October 2025 116367 105196 127538
November 2025 116009 104989 127030
December 2025 117115 111259 122971
Mount Carmel Housing Market Forecast with Real Estate Prices for 2026
January 2026 118568 111573 125564
February 2026 118790 110593 126986
March 2026 117876 106324 129428
April 2026 116177 104792 127563
May 2026 116612 106117 127107
June 2026 117658 108127 127188
July 2026 119951 111674 128227
August 2026 121484 114803 128166
September 2026 124072 113650 134494
October 2026 126714 116197 137232
November 2026 129413 119190 139637
December 2026 131187 122529 139846
Mount Carmel Housing Market Forecast with Real Estate Prices for 2027
January 2027 131909 121092 142726
February 2027 132538 122995 142081
March 2027 132239 119676 144802
April 2027 131552 123133 139972
May 2027 130683 119444 141921
June 2027 129640 123028 136252
July 2027 128800 116822 140779
August 2027 129719 117915 141524
September 2027 132039 120156 143923
October 2027 134851 127569 142133
November 2027 137138 128224 146052
December 2027 137261 128339 146183
Mount Carmel Housing Market Forecast with Real Estate Prices for 2028
January 2028 136859 126594 147123
February 2028 136015 124046 147985
March 2028 135585 128264 142907
April 2028 134179 127068 141291
May 2028 131648 122696 140600
June 2028 129165 118703 139627
July 2028 126728 117857 135599
August 2028 124338 116256 132420
September 2028 121992 113575 130410
October 2028 119691 112270 127112
November 2028 117433 111209 123657
December 2028 116948 110399 123498
Mount Carmel Housing Market Forecast with Real Estate Prices for 2029
January 2029 117146 110235 124058
February 2029 117935 111095 124776
March 2029 118074 109809 126339
April 2029 118527 110349 126705
May 2029 119133 112938 125328
June 2029 119609 113269 125948
July 2029 120799 110652 130946
August 2029 123216 114960 131471
September 2029 125840 114640 137040
October 2029 127871 116363 139379
November 2029 130595 119363 141826
December 2029 132368 122573 142164
Mount Carmel Housing Market Forecast with Real Estate Prices for 2030
January 2030 135103 125241 144966
February 2030 136274 126326 146222
March 2030 136613 125274 147952
April 2030 136824 129573 144076
May 2030 137315 125231 149399
June 2030 139810 132680 146940
July 2030 140838 126895 154781
August 2030 140724 129748 151701
September 2030 140292 127947 152638
October 2030 141629 133273 149985
November 2030 143386 131772 155001
December 2030 143654 129433 157876
Mount Carmel Housing Market Forecast with Real Estate Prices for 2031
January 2031 142550 132856 152243
February 2031 140495 126867 154123
March 2031 141021 129880 152162
April 2031 142285 129622 154949
May 2031 145058 130552 159564
June 2031 146913 132369 161457
July 2031 150042 136688 163396
August 2031 153238 138067 168408
September 2031 156502 147894 165109
October 2031 158647 143258 174036
November 2031 159520 145482 173558
December 2031 160281 151465 169096
Mount Carmel Housing Market Forecast with Real Estate Prices for 2032
January 2032 159919 144407 175431
February 2032 159088 146043 172134
March 2032 158037 148238 167835
April 2032 156776 147840 165712
May 2032 155760 145947 165573
June 2032 156872 142283 171461
July 2032 159677 149138 170216
August 2032 163078 146770 179386
September 2032 165844 153737 177950
October 2032 165992 156198 175785
November 2032 165506 154086 176926
December 2032 164486 151820 177151
Mount Carmel Housing Market Forecast with Real Estate Prices for 2033
January 2033 163965 152488 175443
February 2033 162266 149284 175247
March 2033 159205 145195 173215
April 2033 156201 148235 164168
May 2033 153255 139309 167201
June 2033 150364 141192 159536
July 2033 147527 133955 161100

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.