Mount Carmel, Newfoundland and Labrador, Canada
As of September 4, 2026, the median asking price in Mount Carmel is $114,500, across 40 active MLS® listings.
Those listings have been on the market an average of 191 days.
6 new listings came to market in Mount Carmel in the last 30 days.
Asking prices work out to about $226 per square foot, based on the 18 listings that report floor area.
Vacant land in Mount Carmel are listed at an average of $69,923 across 22 active listings.
Detached homes in Mount Carmel are listed at an average of $448,291 across 11 active listings.
Homes in Mount Carmel are listed at an average of $233,386 across 7 active listings.
Mount Carmel is a very small, rural neighbourhood/community in the Avalon region of Newfoundland and Labrador, characterized by low-density housing, quiet streets, and a close-knit year-round population with some seasonal activity. Demographics skew toward established local families and older residents, with limited in-town commercial services; most day-to-day shopping, medical appointments, and broader employment options typically require driving to nearby towns and larger service centres in the region. Recreation is oriented to outdoor and community activities, and the overall lifestyle is car-dependent.
Real estate is dominated by detached homes on larger lots, with relatively few purpose-built rentals and low transaction volume, which can make pricing and days-on-market more variable than in urban Newfoundland markets. Schools and childcare options are generally accessed via surrounding communities, and there is no meaningful public transit—vehicle ownership is assumed. For investors, the opportunity is mainly in buying well-priced single-family homes that can be rented to local households, workers, or longer-stay tenants tied to regional employment; however, liquidity risk (harder resale), limited rental depth, and maintenance/operating costs typical of rural Atlantic properties are key constraints. Price growth tends to be modest and can lag provincial centres, while rent-to-price ratios can be comparatively higher due to lower purchase prices.
Market activity in Mount Carmel is currently difficult to benchmark because there is limited market data available, with too few recent listings and sales to support reliable pricing or trend estimates. For buyers, this may mean less competition but also fewer options and less clarity on fair value, while investors should expect wider variability between properties and place extra emphasis on local comparables and property-specific fundamentals.
Walk Score 0 · Bike Score 3
The median asking price in Mount Carmel is $114,500, across 40 active MLS® listings as of September 4, 2026. The average asking price is $202,580. These are list prices on homes currently for sale, not sale prices.
There are 40 active MLS® listings in Mount Carmel as of September 4, 2026. 6 of them came to market in the last 30 days.
Homes currently listed in Mount Carmel have been on the market an average of 191 days as of September 4, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Of the 40 homes currently listed in Mount Carmel, 55% vacant land, 28% detached houses.
Mount Carmel has a Walk Score of 0 out of 100, which Walk Score classifies as Car-Dependent — almost all errands require a car. Bike Score is 3.
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Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
Data from MLS® System. Deemed reliable but not guaranteed accurate by CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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