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

$532,735

AVERAGE PRICE OF 453 HOMES

$1,567,300

AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES

$570,322

AVERAGE PRICE OF 78 NEWLY BUILT HOMES

$1,015,264

AVERAGE PRICE OF 31 HOMES WITH A POOL

$393,700

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $532,735
Avg Bedrooms 3.49 beds
Avg Bathrooms 3.46 baths

Average Price by Bedrooms

1 bedroom $119,000
2 bedrooms $290,315
3 bedrooms $367,279
4 bedrooms $507,766
5 bedrooms $836,860
Carmel Home Price Trends
  1/2020 12/2019 11/2019 10/2019 9/2019
Total Listings 410 464 543 595 615
Average Price $543,143 $541,583 $535,477 $531,761 $531,229
Avg Price Change +0.29% +1.14% +0.70% +0.10% +0.09%
Median Price $411,641 $419,295 $424,841 $425,360 $426,503
Med Price Change -1.86% -1.32% -0.12% -0.27% -0.22%
Avg Bedrooms 3.51 beds 3.57 beds 3.59 beds 3.64 beds 3.62 beds
Avg Bathrooms 3.43 baths 3.49 baths 3.54 baths 3.62 baths 3.61 baths
Total Homes Average Price Avg Days on Site
All Homes 453 $532,735 114 days
Multi-Million Dollar Homes 37 $1,567,300 131 days
Newly Built Homes 78 $570,322 125 days
Homes with a Pool 31 $1,015,264 142 days
Reduced Price Homes 4 $393,700 46 days