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

$538,307

AVERAGE PRICE OF 534 HOMES

$398,570

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,550,866

AVERAGE PRICE OF 44 MULTI-MILLION DOLLAR HOMES

$590,107

AVERAGE PRICE OF 97 NEWLY BUILT HOMES

$945,562

AVERAGE PRICE OF 32 HOMES WITH A POOL

$451,380

AVERAGE PRICE OF 25 REDUCED PRICE HOMES

Average Home

Average Price $538,307
Avg Bedrooms 3.59 beds
Avg Bathrooms 3.52 baths

Average Price by Bedrooms

2 bedrooms $311,251
3 bedrooms $383,182
4 bedrooms $502,301
5 bedrooms $738,738
Carmel Home Price Trends
  10/2019 9/2019 8/2019 7/2019 6/2019
Total Listings 595 615 655 690 729
Average Price $531,761 $531,229 $530,741 $533,790 $531,856
Avg Price Change +0.10% +0.09% -0.57% +0.36% -0.20%
Median Price $425,360 $426,503 $427,452 $425,000 $432,141
Med Price Change -0.27% -0.22% +0.58% -1.68% -0.74%
Avg Bedrooms 3.64 beds 3.62 beds 3.64 beds 3.68 beds 3.8 beds
Avg Bathrooms 3.62 baths 3.61 baths 3.6 baths 3.64 baths 3.75 baths
Total Homes Average Price Avg Days on Site
All Homes 534 $538,307 111 days
Distressed Homes 4 $398,570 57 days
Multi-Million Dollar Homes 44 $1,550,866 147 days
Newly Built Homes 97 $590,107 141 days
Homes with a Pool 32 $945,562 131 days
Reduced Price Homes 25 $451,380 87 days