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

$682,579

AVERAGE PRICE OF 259 HOMES

$1,628,379

AVERAGE PRICE OF 36 MULTI-MILLION DOLLAR HOMES

$765,000

AVERAGE PRICE OF 74 NEWLY BUILT HOMES

$645,503

AVERAGE PRICE OF 47 HOMES WITH A POOL

$707,000

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $682,579
Avg Bedrooms 3.32 beds
Avg Bathrooms 3.23 baths

Average Price by Bedrooms

2 bedrooms $389,378
3 bedrooms $469,030
4 bedrooms $590,985
5 bedrooms $1,090,132
Carmel Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 260 242 288 329 366
Average Price $655,477 $647,748 $653,222 $660,648 $672,480
Avg Price Change +1.19% -0.85% -1.14% -1.79% -3.19%
Median Price $501,070 $499,666 $496,394 $499,189 $511,007
Med Price Change +0.28% +0.66% -0.56% -2.37% -1.13%
Avg Bedrooms 3.34 beds 3.22 beds 3.27 beds 3.46 beds 3.55 beds
Avg Bathrooms 3.24 baths 3.12 baths 3.22 baths 3.39 baths 3.43 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Clay City Jr-Sr High School 1 $799,000 25 days
Westfield High School 11 $907,126 107 days
Total Homes Average Price Avg Days on Site
All Homes 259 $682,579 84 days
Multi-Million Dollar Homes 36 $1,628,379 137 days
Newly Built Homes 74 $765,000 108 days
Homes with a Pool 47 $645,503 76 days
Reduced Price Homes 4 $707,000 73 days