Housing market · ZIP 62863
Mount Carmel, IL Home Prices & Forecast
Median value and 12-month outlook · as of April 2026
Median home value
$126,611
3-month+1.5%
6-month+0.4%
12-month+2.1%
Touse 12-month forecast
+2.2%
Projected median near $129,360 over the next 12 months
As of April 2026, the median home value in Mount Carmel, IL (ZIP 62863) is $126,611. Prices are stable, up 2.1% over the past year. Touse's model projects a +2.2% change over the next 12 months, putting the median near $129,360.
Nearby areas in Wabash
Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.