Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Carmi area can be challenging. Home prices in Carmi are now at a median cost of $107,714, lower than the Arkansas average of $160,541.
The average cost of rent is $492/mo in Carmi, primarily driven by the current value of real estate in the Carmi area. While nearly 63.80% of residents own their homes outright in Carmi, 25.61% rent.
Housing affordability isn’t just about home prices, though. The average household income in Carmi is $3,416 per month. Households that rent pay about 14.42% of their income on rent here. Carmi's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Leachville, AR: equally priced homes
- Walters, AR: less expensive homes
- Cottonwood Corner, AR: equally priced homes
- Monette, AR: less expensive homes
- Happy Corners, AR: less expensive homes
- Manila, AR: higher priced homes
- Macey, AR: less expensive homes
- Milligan Ridge, AR: less expensive homes
- Buckeye, AR: less expensive homes
- Whistleville, AR: higher priced homes
Cities with Similar Populations
- Alchesay Flat, AZ: higher priced homes
- Pardee, WV: less expensive homes
- Parnell, IL: higher priced homes
- Hazelwood, WV: higher priced homes
- Currie, TN: higher priced homes
- Crystal Dale, NY: higher priced homes
- White Hills, AZ: less expensive homes
- Wickerham Manor-Fisher, PA: higher priced homes
- Brighton, ME: less expensive homes
- Brinegar, KY: less expensive homes
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