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

$692,210

AVERAGE PRICE OF 274 HOMES

$1,751,635

AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES

$721,993

AVERAGE PRICE OF 48 NEWLY BUILT HOMES

$859,525

AVERAGE PRICE OF 58 HOMES WITH A POOL

$619,450

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $692,210
Avg Bedrooms 3.49 beds
Avg Bathrooms 3.39 baths

Average Price by Bedrooms

1 bedroom $162,900
2 bedrooms $472,736
3 bedrooms $476,936
4 bedrooms $588,914
5 bedrooms $900,420
Carmel Home Price Trends
  4/2022 3/2022 2/2022 1/2022 12/2021
Total Listings n/a 220 214 171 203
Average Price n/a $699,934 $656,242 $684,784 $656,347
Avg Price Change n/a +6.66% -4.35% +4.33% n/a
Median Price n/a $509,813 $474,943 $483,215 $455,666
Med Price Change n/a +7.34% -1.74% +6.05% n/a
Avg Bedrooms n/a 3.39 beds 3.31 beds 3.15 beds 3.26 beds
Avg Bathrooms n/a 3.34 baths 3.25 baths 3.11 baths 3.16 baths
Total Homes Average Price Avg Days on Site
All Homes 274 $692,210 64 days
Multi-Million Dollar Homes 37 $1,751,635 79 days
Newly Built Homes 48 $721,993 160 days
Homes with a Pool 58 $859,525 35 days
Reduced Price Homes 2 $619,450 163 days