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

$600,243

AVERAGE PRICE OF 321 HOMES

$1,438,755

AVERAGE PRICE OF 38 MULTI-MILLION DOLLAR HOMES

$646,098

AVERAGE PRICE OF 38 NEWLY BUILT HOMES

$728,152

AVERAGE PRICE OF 94 HOMES WITH A POOL

$507,316

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $600,243
Avg Bedrooms 3.97 beds
Avg Bathrooms 3.88 baths

Average Price by Bedrooms

2 bedrooms $348,547
3 bedrooms $388,459
4 bedrooms $560,946
5 bedrooms $802,154
Carmel Home Price Trends
  3/2021 2/2021 1/2021 12/2020 11/2020
Total Listings 237 224 205 256 362
Average Price $595,293 $559,400 $560,094 $547,255 $526,357
Avg Price Change +6.42% -0.12% +2.35% +3.97% -5.36%
Median Price $475,321 $447,958 $448,998 $424,031 $420,330
Med Price Change +6.11% -0.23% +5.89% +0.88% -5.59%
Avg Bedrooms 3.85 beds 3.8 beds 3.85 beds 3.88 beds 3.88 beds
Avg Bathrooms 3.83 baths 3.78 baths 3.89 baths 3.84 baths 3.8 baths
Total Homes Average Price Avg Days on Site
All Homes 321 $600,243 44 days
Multi-Million Dollar Homes 38 $1,438,755 70 days
Newly Built Homes 38 $646,098 108 days
Homes with a Pool 94 $728,152 43 days
Reduced Price Homes 6 $507,316 48 days