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

$703,624

AVERAGE PRICE OF 348 HOMES

$1,774,900

AVERAGE PRICE OF 50 MULTI-MILLION DOLLAR HOMES

$721,265

AVERAGE PRICE OF 77 NEWLY BUILT HOMES

$825,491

AVERAGE PRICE OF 82 HOMES WITH A POOL

$781,717

AVERAGE PRICE OF 17 REDUCED PRICE HOMES

Average Home

Average Price $703,624
Avg Bedrooms 3.56 beds
Avg Bathrooms 3.48 baths

Average Price by Bedrooms

1 bedroom $210,000
2 bedrooms $399,607
3 bedrooms $521,433
4 bedrooms $594,036
5 bedrooms $893,443
Carmel Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 369 n/a n/a n/a 220
Average Price $683,659 n/a n/a n/a $699,934
Avg Price Change n/a n/a n/a n/a +6.66%
Median Price $502,194 n/a n/a n/a $509,813
Med Price Change n/a n/a n/a n/a +7.34%
Avg Bedrooms 3.62 beds n/a n/a n/a 3.39 beds
Avg Bathrooms 3.49 baths n/a n/a n/a 3.34 baths
Total Homes Average Price Avg Days on Site
All Homes 348 $703,624 62 days
Multi-Million Dollar Homes 50 $1,774,900 93 days
Newly Built Homes 77 $721,265 90 days
Homes with a Pool 82 $825,491 50 days
Reduced Price Homes 17 $781,717 44 days