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

$534,394

AVERAGE PRICE OF 744 HOMES

$307,850

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,756,420

AVERAGE PRICE OF 43 MULTI-MILLION DOLLAR HOMES

$600,774

AVERAGE PRICE OF 99 NEWLY BUILT HOMES

$1,052,200

AVERAGE PRICE OF 52 HOMES WITH A POOL

$568,843

AVERAGE PRICE OF 298 REDUCED PRICE HOMES

Average Home

Average Price $534,394
Avg Bedrooms 3.75 beds
Avg Bathrooms 3.72 baths

Average Price by Bedrooms

1 bedroom $110,700
2 bedrooms $353,588
3 bedrooms $371,974
4 bedrooms $448,697
5 bedrooms $731,123
Carmel Home Price Trends
  6/2018 5/2018 4/2018 3/2018 2/2018
Total Listings 746 752 n/a 572 520
Average Price $540,946 $536,566 n/a $533,033 $519,082
Avg Price Change +0.82% n/a n/a +2.69% -2.83%
Median Price $445,974 $443,250 n/a $437,359 $412,342
Med Price Change +0.61% n/a n/a +6.07% -0.14%
Avg Bedrooms 3.73 beds 3.75 beds n/a 4 beds 3.43 beds
Avg Bathrooms 3.77 baths 3.82 baths n/a 4.12 baths 4.02 baths
Total Homes Average Price Avg Days on Market
All Homes 744 $534,394 93 days
Distressed Homes 2 $307,850 58 days
Multi-Million Dollar Homes 43 $1,756,420 191 days
Newly Built Homes 99 $600,774 126 days
Homes with a Pool 52 $1,052,200 109 days
Reduced Price Homes 298 $568,843 106 days