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.
| Average Price | $682,579 |
| Avg Bedrooms | 3.32 beds |
| Avg Bathrooms | 3.23 baths |
| 2 bedrooms | $389,378 |
| 3 bedrooms | $469,030 |
| 4 bedrooms | $590,985 |
| 5 bedrooms | $1,090,132 |
| 2/2023 | 1/2023 | 12/2022 | 11/2022 | 10/2022 | |
|---|---|---|---|---|---|
| Total Listings | 260 | 242 | 288 | 329 | 366 |
| Average Price | $655,477 | $647,748 | $653,222 | $660,648 | $672,480 |
| Avg Price Change | +1.19% | -0.85% | -1.14% | -1.79% | -3.19% |
| Median Price | $501,070 | $499,666 | $496,394 | $499,189 | $511,007 |
| Med Price Change | +0.28% | +0.66% | -0.56% | -2.37% | -1.13% |
| Avg Bedrooms | 3.34 beds | 3.22 beds | 3.27 beds | 3.46 beds | 3.55 beds |
| Avg Bathrooms | 3.24 baths | 3.12 baths | 3.22 baths | 3.39 baths | 3.43 baths |
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Clay City Jr-Sr High School | 1 | $799,000 | 25 days |
| Westfield High School | 11 | $907,126 | 107 days |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 259 | $682,579 | 84 days |
| Multi-Million Dollar Homes | 36 | $1,628,379 | 137 days |
| Newly Built Homes | 74 | $765,000 | 108 days |
| Homes with a Pool | 47 | $645,503 | 76 days |
| Reduced Price Homes | 4 | $707,000 | 73 days |
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