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

$623,987

AVERAGE PRICE OF 238 HOMES

$1,924,617

AVERAGE PRICE OF 24 MULTI-MILLION DOLLAR HOMES

$763,342

AVERAGE PRICE OF 39 NEWLY BUILT HOMES

$647,376

AVERAGE PRICE OF 56 HOMES WITH A POOL

$401,175

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $623,987
Avg Bedrooms 3.34 beds
Avg Bathrooms 3.17 baths

Average Price by Bedrooms

1 bedroom $439,900
2 bedrooms $372,156
3 bedrooms $466,430
4 bedrooms $563,522
5 bedrooms $742,634
Carmel Home Price Trends
  10/2021 9/2021 8/2021 7/2021 6/2021
Total Listings 290 334 340 323 347
Average Price $613,618 $601,669 $610,677 $616,560 $609,393
Avg Price Change +1.99% -1.50% -0.96% +1.18% -2.02%
Median Price $451,132 $448,404 $460,181 $483,176 $489,769
Med Price Change +0.61% -2.63% -5.00% -1.36% -0.12%
Avg Bedrooms 3.43 beds 3.75 beds 3.87 beds 3.95 beds 4.01 beds
Avg Bathrooms 3.31 baths 3.61 baths 3.78 baths 3.85 baths 3.87 baths
Total Homes Average Price Avg Days on Site
All Homes 238 $623,987 65 days
Multi-Million Dollar Homes 24 $1,924,617 94 days
Newly Built Homes 39 $763,342 140 days
Homes with a Pool 56 $647,376 54 days
Reduced Price Homes 4 $401,175 11 days