Carmel

Why you'd want to live in Carmel

Carmel is located directly north of Indianapolis. Becoming a city in 1976, Carmel has seen significant growth in the recent decades. It now reports a population of just over 83,000. The average home costs $303,000, which has risen 33% in a little over a decade. The average household income is $133,000. From new housing, to established neighborhoods, Carmel has it all.

Carmel Market Report

$522,598

AVERAGE PRICE OF 470 HOMES

$229,150

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,544,545

AVERAGE PRICE OF 31 MULTI-MILLION DOLLAR HOMES

$577,385

AVERAGE PRICE OF 97 NEWLY BUILT HOMES

$1,175,908

AVERAGE PRICE OF 24 HOMES WITH A POOL

$741,922

AVERAGE PRICE OF 19 REDUCED PRICE HOMES

Average Home

Average Price $522,598
Avg Bedrooms 3.57 beds
Avg Bathrooms 3.62 baths

Average Price by Bedrooms

2 bedrooms $354,758
3 bedrooms $384,232
4 bedrooms $448,954
5 bedrooms $766,873
Carmel Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 512 609 668 704 707
Average Price $520,999 $515,997 $527,383 $525,656 $529,854
Avg Price Change +0.97% -2.21% +0.33% -0.80% -0.65%
Median Price $423,544 $418,898 $417,494 $406,103 $424,322
Med Price Change +1.11% +0.34% +2.80% -4.49% -0.91%
Avg Bedrooms 3.6 beds 3.63 beds 3.67 beds 3.65 beds 3.67 beds
Avg Bathrooms 3.62 baths 3.63 baths 3.66 baths 3.6 baths 3.63 baths
Total Homes Average Price Avg Days on Site
All Homes 470 $522,598 146 days
Distressed Homes 4 $229,150 78 days
Multi-Million Dollar Homes 31 $1,544,545 198 days
Newly Built Homes 97 $577,385 170 days
Homes with a Pool 24 $1,175,908 152 days
Reduced Price Homes 19 $741,922 142 days
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