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

$719,257

AVERAGE PRICE OF 274 HOMES

$372,500

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,638,214

AVERAGE PRICE OF 50 MULTI-MILLION DOLLAR HOMES

$799,662

AVERAGE PRICE OF 58 NEWLY BUILT HOMES

$981,216

AVERAGE PRICE OF 21 HOMES WITH A POOL

$718,850

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $719,257
Avg Bedrooms 3.3 beds
Avg Bathrooms 3.3 baths

Average Price by Bedrooms

1 bedroom $176,533
2 bedrooms $464,337
3 bedrooms $562,379
4 bedrooms $700,270
5 bedrooms $1,295,497
Carmel Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 247 211 209 264 300
Average Price $712,547 $726,337 $775,168 $741,586 $727,173
Avg Price Change -1.94% -6.72% +4.53% +1.98% +0.53%
Median Price $546,258 $562,047 $571,024 $558,850 $564,083
Med Price Change -2.89% -1.60% +2.18% -0.94% +2.39%
Avg Bedrooms 3.3 beds 3.25 beds 3.33 beds 3.44 beds 3.49 beds
Avg Bathrooms 3.31 baths 3.21 baths 3.28 baths 3.34 baths 3.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Westfield High School 14 $707,607 74 days
Total Homes Average Price Avg Days on Site
All Homes 274 $719,257 78 days
Distressed Homes 1 $372,500 20 days
Multi-Million Dollar Homes 50 $1,638,214 139 days
Newly Built Homes 58 $799,662 119 days
Homes with a Pool 21 $981,216 40 days
Reduced Price Homes 4 $718,850 39 days