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

$545,830

AVERAGE PRICE OF 580 HOMES

$244,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,507,341

AVERAGE PRICE OF 42 MULTI-MILLION DOLLAR HOMES

$558,946

AVERAGE PRICE OF 124 NEWLY BUILT HOMES

$1,167,223

AVERAGE PRICE OF 37 HOMES WITH A POOL

$517,596

AVERAGE PRICE OF 33 REDUCED PRICE HOMES

Average Home

Average Price $545,830
Avg Bedrooms 3.71 beds
Avg Bathrooms 3.74 baths

Average Price by Bedrooms

2 bedrooms $397,299
3 bedrooms $377,005
4 bedrooms $488,867
5 bedrooms $763,899
Carmel Home Price Trends
  2/2019 1/2019 12/2018 11/2018 10/2018
Total Listings 504 470 512 609 668
Average Price $524,076 $521,266 $520,999 $515,997 $527,383
Avg Price Change +0.54% +0.05% +0.97% -2.21% +0.33%
Median Price $440,314 $428,445 $423,544 $418,898 $417,494
Med Price Change +2.77% +1.16% +1.11% +0.34% +2.80%
Avg Bedrooms 3.58 beds 3.58 beds 3.6 beds 3.63 beds 3.67 beds
Avg Bathrooms 3.66 baths 3.63 baths 3.62 baths 3.63 baths 3.66 baths
Total Homes Average Price Avg Days on Site
All Homes 580 $545,830 120 days
Distressed Homes 1 $244,000 104 days
Multi-Million Dollar Homes 42 $1,507,341 175 days
Newly Built Homes 124 $558,946 152 days
Homes with a Pool 37 $1,167,223 103 days
Reduced Price Homes 33 $517,596 47 days
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