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 $118,500, lower than the Illinois average of $242,002.
The average cost of rent is $589/mo in Carmi, primarily driven by the current value of real estate in the Carmi area. While nearly 58.50% of residents own their homes outright in Carmi, 21.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in Carmi is $4,952 per month. Households that rent pay about 11.90% of their income on rent here. Carmi's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Herald, IL: higher priced homes
- Epworth, IL: less expensive homes
- Centerville, IL: less expensive homes
- Maunie, IL: less expensive homes
- Emma, IL: less expensive homes
- Enfield, IL: less expensive homes
- Crossville, IL: less expensive homes
- Phillipstown, IL: less expensive homes
- Rising Sun, IL: less expensive homes
- Sacramento, IL: equally priced homes
Cities with Similar Populations
- Smithville, NJ: higher priced homes
- Yerington, NV: higher priced homes
- New Lexington, OH: equally priced homes
- North Branch, MI: higher priced homes
- Normandy Park, WA: higher priced homes
- Nolanville, TX: higher priced homes
- Nibley, UT: higher priced homes
- Newport, WA: higher priced homes
- Newfield, NJ: higher priced homes
- New Providence, PA: higher priced homes
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