Home prices
The median home value in Mount Carmel is $139,000. It is roughly $32,160 (18%) lower compared to the surrounding areas.It is roughly $78,500 (36%) lower in comparison to the country as a whole, and compared to the city of Cincinnati it is is very similar.
Rents
The median rent in Mount Carmel is $740 per month. In comparison to its surrounding areas this is approximately $363 (32%) lower.Compared to the US as a whole it is roughly $322 (30%) lower, and is is very similar in comparison to the city of Cincinnati.
Nearby places
Summerside
Summerside is Mount Carmel's neighbor to the northeast. Real estate prices there are a little less expensive. The median home in Summerside is valued at $129,800, which is $9,200 (7%) lower than Mount Carmel. The rent there is similar. In Summerside the median rent is $743 per month, which is very similar to Mount Carmel.
Cherry Grove
Cherry Grove is Mount Carmel's neighbor to the southwest. The housing prices there are somewhat more expensive. The median home price in Cherry Grove is $182,200, which comes out to $43,200 (23%) higher than Mount Carmel. The rent there is a lot more expensive. The median rent in Cherry Grove is $1,693 per month, which comes out to $953 (56%) higher than Mount Carmel.
Withamsville
Withamsville is about 2 miles south from Mount Carmel. Housing prices there are a bit more expensive. The median home in Withamsville costs $147,000, which works out to $8,000 (5%) higher than Mount Carmel. Its rents are somewhat more expensive. In Withamsville the median rent is $822 a month, which comes out to $82 (9%) higher than Mount Carmel.
Forestville
Forestville is roughly 2 miles southwest from Mount Carmel. Real estate prices there are substantially more expensive. The median home cost in Forestville is $223,200, which comes out to $84,200 (37%) higher than Mount Carmel. The rent there is a little more expensive. In Forestville the median rent is $1,086 a month, which is $346 (31%) higher than Mount Carmel.
Newtown
Newtown is approximately 3 miles northwest from Mount Carmel. Real estate prices there are somewhat more expensive. The cost of the median home in Newtown is $173,600, which comes out to $34,600 (19%) higher than Mount Carmel. The rent there is substantially more expensive. In Newtown the median rent is $1,169 a month, which works out to $429 (36%) higher than Mount Carmel.
