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

$539,445

AVERAGE PRICE OF 687 HOMES

$269,045

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,604,844

AVERAGE PRICE OF 48 MULTI-MILLION DOLLAR HOMES

$609,744

AVERAGE PRICE OF 105 NEWLY BUILT HOMES

$895,325

AVERAGE PRICE OF 63 HOMES WITH A POOL

$509,423

AVERAGE PRICE OF 59 REDUCED PRICE HOMES

Average Home

Average Price $539,445
Avg Bedrooms 3.71 beds
Avg Bathrooms 3.69 baths

Average Price by Bedrooms

1 bedroom $124,500
2 bedrooms $362,364
3 bedrooms $378,799
4 bedrooms $478,457
5 bedrooms $745,209
Carmel Home Price Trends
  6/2019 5/2019 4/2019 3/2019 2/2019
Total Listings 729 714 630 558 504
Average Price $531,856 $532,926 $537,955 $543,378 $524,076
Avg Price Change -0.20% -0.94% -1.01% +3.68% +0.54%
Median Price $432,141 $435,360 $442,564 $456,556 $440,314
Med Price Change -0.74% -1.65% -3.16% +3.69% +2.77%
Avg Bedrooms 3.8 beds 3.79 beds 3.74 beds 3.67 beds 3.58 beds
Avg Bathrooms 3.75 baths 3.76 baths 3.77 baths 3.72 baths 3.66 baths
Total Homes Average Price Avg Days on Site
All Homes 687 $539,445 98 days
Distressed Homes 4 $269,045 58 days
Multi-Million Dollar Homes 48 $1,604,844 152 days
Newly Built Homes 105 $609,744 152 days
Homes with a Pool 63 $895,325 77 days
Reduced Price Homes 59 $509,423 151 days