Current Price

$72,778

1 Month Forecast

â–² $86,034

1-Year Forecast *

â–² $86,500

5-Year Forecast *

â–² $77,117

"Is it a good time to buy homes in Carmi?" "Does investing in real estate in Carmi (Illinois State, White County) worth it?" According to our live Forecast System, buying a house in Carmi is a good short-term (1-year) investment*. The Carmi average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Carmi" 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 Carmi in Illinois State, White County. If you are looking for homes for sale with good flipping profit, Carmi can be a profitable property investment option. The median price of an average house in Carmi was 72,778 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Carmi" area is 77,117 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +5.96% meaning that investing 100000 USD today may yield a profit of 5,962 USD by 2031.

Current Median Listing Price: 72,778 USD Median Listing Price Per Square Foot: 40 USD

Carmi 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.

Carmi (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.

Carmi Price Target

Carmi median home price target in 12 months: $86,500* (upside of 18.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $89,536 $85,362 $85,362 $89,536
2024 $74,256 $72,778 $72,778 $74,256
2023 $81,792 $74,861 $74,479 $81,792
2022 $82,231 $82,904 $80,590 $83,673
2021 $79,522 $82,627 $79,522 $82,627
2020 $80,158 $80,635 $78,357 $81,842
2019 $76,419 $79,736 $76,419 $80,831
2018 $78,624 $76,670 $76,204 $79,951
2017 $77,952 $78,345 $75,572 $79,022
2016 $0 $76,471 $0 $80,481
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Carmi Housing Market Forecast

How much does an average home cost in Carmi today?

The value of an average home (the listing price) in Carmi is $72,778 USD.

What is the average price per square foot in Carmi?

According to Walletinvestor the median price per square foot in Carmi is 40 USD.

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

Yes. The Carmi home prices may rise from 72,778 USD to 86,500 USD in one year.

Is it profitable to invest in Carmi homes?

Yes. The long-term profit potential is +18.85% in one year.

Will Carmi house prices fall / drop?

No. See above.

What is the predicted price of a Carmi home in 2030?

The predicted home sales price of a Carmi home in 2030 in Carmi is 77,010 USD.

What is the predicted price of a Carmi home in 2035?

The predicted home sales price of a Carmi home in 2035 in Carmi is 66,515 USD.

Will real estate prices decrease in Carmi?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Carmi is the 11905. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in White, Carmi decreased, looking at the past 12 months.

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

Median home values decreased by 16.774% to 72,778 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 20.164% in 2021
  • 18.924% in 2022
  • 17.144% in 2023
  • 19.684% in 2024
  • 19.894% in 2025
  • 17.384% in 2026

Based on our Carmi real estate market research and report the predicted sales prices will increase by 462.524% in the next 10 years.

Over the last 12 months, the value of homes in Carmi fluctuated: decreasing 4 times.

Carmi (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
Carmi Housing Market Forecast with Real Estate Prices for 2025
August 2025 86034 79237 92831
September 2025 85822 80330 91315
October 2025 85468 80084 90853
November 2025 85762 79759 91766
December 2025 86422 79768 93077
Carmi Housing Market Forecast with Real Estate Prices for 2026
January 2026 86696 78806 94585
February 2026 87303 79358 95247
March 2026 87567 79511 95623
April 2026 87613 80341 94884
May 2026 87193 78735 95651
June 2026 86896 80379 93413
July 2026 86500 78715 94284
August 2026 85834 79225 92443
September 2026 85453 76908 93998
October 2026 85544 78359 92730
November 2026 86218 79493 92943
December 2026 87048 79910 94186
Carmi Housing Market Forecast with Real Estate Prices for 2027
January 2027 87963 80574 95352
February 2027 88722 81092 96352
March 2027 88655 81297 96014
April 2027 87907 80523 95291
May 2027 86727 79703 93752
June 2027 85334 78081 92587
July 2027 84052 78504 89599
August 2027 82701 76499 88904
September 2027 81682 74331 89033
October 2027 81020 75187 86854
November 2027 80847 73005 88690
December 2027 80123 72512 87735
Carmi Housing Market Forecast with Real Estate Prices for 2028
January 2028 79552 73585 85518
February 2028 79368 73415 85320
March 2028 79866 75633 84099
April 2028 79775 73233 86316
May 2028 79130 73116 85144
June 2028 78608 74441 82774
July 2028 78461 73126 83796
August 2028 78843 73876 83810
September 2028 78862 72474 85250
October 2028 78986 74879 83093
November 2028 78827 74413 83242
December 2028 78960 71854 86066
Carmi Housing Market Forecast with Real Estate Prices for 2029
January 2029 78527 71773 85280
February 2029 78277 70919 85635
March 2029 77996 73550 82442
April 2029 77555 73677 81433
May 2029 78851 74041 83661
June 2029 77914 70123 85705
July 2029 77010 72544 81477
August 2029 76135 70653 81617
September 2029 75735 70131 81340
October 2029 75655 69300 82010
November 2029 75175 71266 79084
December 2029 75767 71827 79707
Carmi Housing Market Forecast with Real Estate Prices for 2030
January 2030 75581 69837 81325
February 2030 75269 68269 82269
March 2030 75528 70619 80437
April 2030 76109 70705 81513
May 2030 76350 71540 81160
June 2030 76885 72963 80806
July 2030 77117 70331 83904
August 2030 77157 70445 83870
September 2030 76788 70415 83161
October 2030 76526 70175 82878
November 2030 76177 71149 81205
December 2030 75591 68032 83150
Carmi Housing Market Forecast with Real Estate Prices for 2031
January 2031 75256 69687 80824
February 2031 75336 69610 81062
March 2031 75929 69399 82459
April 2031 76660 71984 81336
May 2031 77466 71501 83431
June 2031 78134 70946 85322
July 2031 78076 73079 83073
August 2031 77417 73314 81520
September 2031 76378 68740 84016
October 2031 75151 70116 80186
November 2031 74021 66767 81275
December 2031 72832 68098 77566
Carmi Housing Market Forecast with Real Estate Prices for 2032
January 2032 71935 67475 76394
February 2032 71352 66785 75918
March 2032 71199 66144 76255
April 2032 70562 66046 75078
May 2032 70058 64734 75383
June 2032 69896 65842 73950
July 2032 70335 66678 73993

> 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.