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

$530,678

AVERAGE PRICE OF 623 HOMES

$352,070

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,550,833

AVERAGE PRICE OF 48 MULTI-MILLION DOLLAR HOMES

$601,275

AVERAGE PRICE OF 107 NEWLY BUILT HOMES

$906,652

AVERAGE PRICE OF 55 HOMES WITH A POOL

$560,016

AVERAGE PRICE OF 40 REDUCED PRICE HOMES

Average Home

Average Price $530,678
Avg Bedrooms 3.63 beds
Avg Bathrooms 3.63 baths

Average Price by Bedrooms

1 bedroom $117,400
2 bedrooms $299,688
3 bedrooms $377,196
4 bedrooms $472,087
5 bedrooms $763,697
Carmel Home Price Trends
  8/2019 7/2019 6/2019 5/2019 4/2019
Total Listings 655 690 729 714 630
Average Price $530,741 $533,790 $531,856 $532,926 $537,955
Avg Price Change -0.57% +0.36% -0.20% -0.94% -1.01%
Median Price $427,452 $425,000 $432,141 $435,360 $442,564
Med Price Change +0.58% -1.68% -0.74% -1.65% -3.16%
Avg Bedrooms 3.64 beds 3.68 beds 3.8 beds 3.79 beds 3.74 beds
Avg Bathrooms 3.6 baths 3.64 baths 3.75 baths 3.76 baths 3.77 baths
Total Homes Average Price Avg Days on Site
All Homes 623 $530,678 107 days
Distressed Homes 4 $352,070 90 days
Multi-Million Dollar Homes 48 $1,550,833 155 days
Newly Built Homes 107 $601,275 154 days
Homes with a Pool 55 $906,652 94 days
Reduced Price Homes 40 $560,016 64 days