Is Mount Carmel, TN 37645 a buyer’s or seller’s market?

The Mount Carmel housing market right now

In the three months ending August 31, 2026, 18% of homes in Mount Carmel, TN 37645 sold above their list price, the typical home went under contract in 37 days and there were 7.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 17 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (17% then), homes sold faster (57 days then) and the median sale price held steady to $279,879. Overall, Mount Carmel is more competitive than a year ago, so tougher for buyers.

Within Hawkins County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Mount Carmel ranks #94 of 299 TN ZIP codes with enough sales (score 35 out of 100).

Nearby, buyers who want less competition could look at Mooresburg 37811 (0% sold over asking) or Eidson 37731 (0% sold over asking), while Surgoinsville 37873 (50% sold over asking) and Church Hill 37642 (23% sold over asking) are even more competitive.