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

$581,159

AVERAGE PRICE OF 409 HOMES

$1,465,674

AVERAGE PRICE OF 42 MULTI-MILLION DOLLAR HOMES

$604,348

AVERAGE PRICE OF 56 NEWLY BUILT HOMES

$708,534

AVERAGE PRICE OF 121 HOMES WITH A POOL

Average Home

Average Price $581,159
Avg Bedrooms 4 beds
Avg Bathrooms 3.96 baths

Average Price by Bedrooms

1 bedroom $127,300
2 bedrooms $345,441
3 bedrooms $401,949
4 bedrooms $526,383
5 bedrooms $763,620
Carmel Home Price Trends
  8/2020 7/2020 6/2020 5/2020 4/2020
Total Listings 486 494 n/a n/a n/a
Average Price $569,136 $554,154 n/a n/a n/a
Avg Price Change +2.70% n/a n/a n/a n/a
Median Price $466,203 $471,075 n/a n/a n/a
Med Price Change -1.05% n/a n/a n/a n/a
Avg Bedrooms 4.04 beds 4.06 beds n/a n/a n/a
Avg Bathrooms 4 baths 4.02 baths n/a n/a n/a
Total Homes Average Price Avg Days on Site
All Homes 409 $581,159 41 days
Multi-Million Dollar Homes 42 $1,465,674 46 days
Newly Built Homes 56 $604,348 50 days
Homes with a Pool 121 $708,534 39 days