A typical Carmi home is worth roughly $121,000
Home prices around Carmi have risen about 22% over the past 5 years. No new homes were permitted in 2025.
What kind of housing town is Carmi?
Read from the numbers below. The page puts what stands out first.
A typical home costs 2.5 years of income
Less than across Illinois (3.6 years). Try your own numbers below.
That covers a typical Carmi home, with $49K to spare.
A two-bedroom rents for about $950 a month here, $150 more than owning.
How Carmi ranks on affordability →
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Carmi’s typical property tax (1.62% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
3 of Carmi’s houses are on the National Register
Half of Carmi’s homes were built before 1956.
Illinois: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024. Historic houses: National Register of Historic Places.
Home prices up 22% in 5 years
The federal house price index for the ZIP code around Carmi rose 22% over the past 5 years, slower than across Illinois (47%). Last year prices rose 1.8%. Carrying the Census median home value forward with that index puts the typical Carmi home at roughly $121,000 today.
Carrying the Census median forward with the index puts a typical home at about $121K.
How Carmi ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Carmi, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $950
Renters already here pay a median of $839, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (White County, IL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
No new homes permitted in 2025
No permits for new homes were issued in Carmi in 2025. The last year with any was 2015 (3 new homes).
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 3 | 3 | 0 | $584,000 |
| 2014 | 2 | 2 | 0 | $389,000 |
| 2013 | 0 | 0 | 0 | — |
How Carmi ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
On the market in Carmi
Listed in the past 60 days. Each opens on the listing site.
Neighbors talk housing
What Carmi buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.