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

$731,166

AVERAGE PRICE OF 310 HOMES

$1,822,384

AVERAGE PRICE OF 43 MULTI-MILLION DOLLAR HOMES

$855,093

AVERAGE PRICE OF 55 NEWLY BUILT HOMES

$1,003,225

AVERAGE PRICE OF 20 HOMES WITH A POOL

$623,825

AVERAGE PRICE OF 25 REDUCED PRICE HOMES

Average Home

Average Price $731,166
Avg Bedrooms 3.37 beds
Avg Bathrooms 3.33 baths

Average Price by Bedrooms

1 bedroom $216,333
2 bedrooms $502,487
3 bedrooms $622,174
4 bedrooms $622,339
5 bedrooms $1,070,998
Carmel Home Price Trends
  8/2024 7/2024 6/2024 5/2024 4/2024
Total Listings 328 326 327 315 275
Average Price $724,890 $725,218 $741,930 $739,676 $712,956
Avg Price Change -0.05% -2.30% +0.30% +3.75% +0.06%
Median Price $536,400 $549,603 $562,306 $549,427 $531,242
Med Price Change -2.46% -2.31% +2.34% +3.42% -2.83%
Avg Bedrooms 3.37 beds 3.46 beds 3.46 beds 3.44 beds 3.32 beds
Avg Bathrooms 3.34 baths 3.41 baths 3.42 baths 3.41 baths 3.3 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Westfield High School 9 $795,422 26 days
Total Homes Average Price Avg Days on Site
All Homes 310 $731,166 77 days
Multi-Million Dollar Homes 43 $1,822,384 118 days
Newly Built Homes 55 $855,093 111 days
Homes with a Pool 20 $1,003,225 46 days
Reduced Price Homes 25 $623,825 43 days