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

$536,602

AVERAGE PRICE OF 755 HOMES

$293,812

AVERAGE PRICE OF 8 DISTRESSED HOMES

$1,769,785

AVERAGE PRICE OF 42 MULTI-MILLION DOLLAR HOMES

$619,757

AVERAGE PRICE OF 95 NEWLY BUILT HOMES

$1,080,442

AVERAGE PRICE OF 57 HOMES WITH A POOL

$588,223

AVERAGE PRICE OF 238 REDUCED PRICE HOMES

Average Home

Average Price $536,602
Avg Bedrooms 3.74 beds
Avg Bathrooms 3.81 baths

Average Price by Bedrooms

1 bedroom $114,950
2 bedrooms $303,430
3 bedrooms $370,932
4 bedrooms $475,557
5 bedrooms $728,457
Carmel Home Price Trends
  4/2018 3/2018 2/2018 1/2018 12/2017
Total Listings n/a 572 520 475 541
Average Price n/a $533,033 $519,082 $533,748 $533,297
Avg Price Change n/a +2.69% -2.83% +0.08% +2.22%
Median Price n/a $437,359 $412,342 $412,927 $417,483
Med Price Change n/a +6.07% -0.14% -1.10% +0.28%
Avg Bedrooms n/a 4 beds 3.43 beds 3.77 beds 4 beds
Avg Bathrooms n/a 4.12 baths 4.02 baths 4.09 baths 4.13 baths
Total Homes Average Price Avg Days on Market
All Homes 755 $536,602 94 days
Distressed Homes 8 $293,812 117 days
Multi-Million Dollar Homes 42 $1,769,785 169 days
Newly Built Homes 95 $619,757 129 days
Homes with a Pool 57 $1,080,442 97 days
Reduced Price Homes 238 $588,223 143 days