Current Price

$84,376

1 Month Forecast

â–² $113,760

1-Year Forecast *

â–² $126,718

5-Year Forecast *

â–² $137,434

"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 2026-03-04. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Mount Carmel" area is 137,434 USD by 2031-03-04. For a 5-year investment the profit is expected to be around +62.88% meaning that investing 100000 USD today may yield a profit of 62,883 USD by 2031.

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: 2026-2032

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: $126,718* (upside of 50.2%)

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 126,718 USD in one year.

Is it profitable to invest in Mount Carmel homes?

Yes. The long-term profit potential is +50.18% 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 129,089 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 149,101 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 decreased, 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 decreased by 24.474% to 84,376 USD, between 2025-03-04 and 2026-03-04

The average annual profit of property investment was:

  • 50.642% in 2021
  • 48.842% in 2022
  • 50.142% in 2023
  • 50.832% in 2024
  • 49.972% in 2025
  • 52.122% in 2026

Based on our Mount Carmel real estate market research and report the predicted sales prices will increase by 5,736.754% in the next 10 years.

Over the last 12 months, the value of homes in Mount Carmel fluctuated: increasing 4 times .

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

Below you will find the price predictions for 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 113760 103066 124453
September 2025 112885 104306 121464
October 2025 111258 101801 120715
November 2025 111674 102629 120720
December 2025 112676 103549 121802
Mount Carmel Housing Market Forecast with Real Estate Prices for 2026
January 2026 114872 105682 124061
February 2026 116340 108662 124019
March 2026 118941 112875 125007
April 2026 121601 113818 129383
May 2026 124320 117358 131282
June 2026 126024 115060 136988
July 2026 126718 118608 134828
August 2026 127322 119428 135216
September 2026 127035 116110 137960
October 2026 126375 113737 139012
November 2026 125539 115120 135959
December 2026 124538 117564 131512
Mount Carmel Housing Market Forecast with Real Estate Prices for 2027
January 2027 123731 116678 130784
February 2027 124614 116016 133212
March 2027 126843 120120 133565
April 2027 129610 120407 138812
May 2027 131808 121527 142089
June 2027 131925 119656 144194
July 2027 131539 123778 139300
August 2027 130728 118832 142625
September 2027 130315 123408 137221
October 2027 128964 119549 138378
November 2027 126387 115391 137383
December 2027 123862 115811 131913
Mount Carmel Housing Market Forecast with Real Estate Prices for 2028
January 2028 121387 112283 130491
February 2028 118962 107303 130620
March 2028 116585 105742 127427
April 2028 114255 105686 122824
May 2028 111972 104694 119251
June 2028 111510 105043 117978
July 2028 111699 102875 120523
August 2028 112451 102781 122122
September 2028 112584 104703 120464
October 2028 113015 102392 123639
November 2028 113593 104392 122794
December 2028 114047 107318 120775
Mount Carmel Housing Market Forecast with Real Estate Prices for 2029
January 2029 115182 104355 126009
February 2029 117486 109145 125828
March 2029 120113 110865 129362
April 2029 122052 110701 133403
May 2029 124781 115672 133890
June 2029 126476 118761 134191
July 2029 129089 121602 136576
August 2029 130207 122004 138410
September 2029 130531 118261 142801
October 2029 130733 117660 143807
November 2029 131202 119263 143142
December 2029 131447 120143 142752
Mount Carmel Housing Market Forecast with Real Estate Prices for 2030
January 2030 130436 121567 139306
February 2030 128557 117887 139227
March 2030 129038 120521 137554
April 2030 130195 123555 136834
May 2030 132732 124370 141094
June 2030 134429 123271 145587
July 2030 137434 130288 144581
August 2030 140508 133342 147674
September 2030 143650 133019 154280
October 2030 145619 137027 154210
November 2030 146420 133389 159451
December 2030 147118 134466 159770
Mount Carmel Housing Market Forecast with Real Estate Prices for 2031
January 2031 146786 133135 160437
February 2031 146024 133028 159020
March 2031 145059 136065 154052
April 2031 143901 129943 157860
May 2031 142969 132532 153406
June 2031 143989 129590 158388
July 2031 146564 135572 157557
August 2031 149761 135085 164438
September 2031 152301 142554 162049
October 2031 152437 142681 162193
November 2031 151991 143175 160806
December 2031 151054 138819 163290
Mount Carmel Housing Market Forecast with Real Estate Prices for 2032
January 2032 150576 142746 158406
February 2032 149015 140223 157807
March 2032 146038 137276 154800
April 2032 143120 133960 152280
May 2032 140260 131564 148956
June 2032 137458 125224 149692
July 2032 134711 127706 141716

> 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.