Median real estate price in the Borough Center of Mount Carmel is $45,655, which is less expensive than 98.2% of Pennsylvania neighborhoods and 99.1% of all U.S. neighborhoods.
The average rental price in Mount Carmel Borough Center is currently $658, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 90.0% of Pennsylvania neighborhoods.
Mount Carmel Borough Center is an urban neighborhood (based on population density) located in Mount Carmel, Pennsylvania.
Real estate in the Borough Center of Mount Carmel, PA is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Borough Center neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Mount Carmel Borough Center has a 16.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.0% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.