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

$556,655

AVERAGE PRICE OF 206 HOMES

$1,368,729

AVERAGE PRICE OF 17 MULTI-MILLION DOLLAR HOMES

$510,313

AVERAGE PRICE OF 47 NEWLY BUILT HOMES

$652,992

AVERAGE PRICE OF 57 HOMES WITH A POOL

$410,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $556,655
Avg Bedrooms 3.83 beds
Avg Bathrooms 3.87 baths

Average Price by Bedrooms

2 bedrooms $351,805
3 bedrooms $418,282
4 bedrooms $519,165
5 bedrooms $733,281
Carmel Home Price Trends
  12/2020 11/2020 10/2020 9/2020 8/2020
Total Listings 256 362 427 454 486
Average Price $547,255 $526,357 $554,559 $575,365 $569,136
Avg Price Change +3.97% -5.36% -3.75% +1.09% +2.70%
Median Price $424,031 $420,330 $443,812 $463,744 $466,203
Med Price Change +0.88% -5.59% -4.49% -0.53% -1.05%
Avg Bedrooms 3.88 beds 3.88 beds 3.95 beds 4.05 beds 4.04 beds
Avg Bathrooms 3.84 baths 3.8 baths 3.87 baths 3.96 baths 4 baths
Total Homes Average Price Avg Days on Site
All Homes 206 $556,655 71 days
Multi-Million Dollar Homes 17 $1,368,729 106 days
Newly Built Homes 47 $510,313 104 days
Homes with a Pool 57 $652,992 83 days
Reduced Price Homes 1 $410,000 15 days