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

$561,284

AVERAGE PRICE OF 568 HOMES

$1,564,609

AVERAGE PRICE OF 44 MULTI-MILLION DOLLAR HOMES

$611,659

AVERAGE PRICE OF 68 NEWLY BUILT HOMES

$963,842

AVERAGE PRICE OF 41 HOMES WITH A POOL

$505,316

AVERAGE PRICE OF 24 REDUCED PRICE HOMES

Average Home

Average Price $561,284
Avg Bedrooms 3.75 beds
Avg Bathrooms 3.71 baths

Average Price by Bedrooms

2 bedrooms $317,908
3 bedrooms $366,039
4 bedrooms $539,329
5 bedrooms $711,833
Carmel Home Price Trends
  6/2020 5/2020 4/2020 3/2020 2/2020
Total Listings 564 482 457 480 431
Average Price $564,057 $561,532 $537,313 $542,382 $527,995
Avg Price Change +0.45% +4.51% -0.94% +2.72% -2.87%
Median Price $456,242 $451,963 $443,239 $432,591 $398,008
Med Price Change +0.95% +1.97% +2.46% +8.69% -3.43%
Avg Bedrooms 3.73 beds 3.68 beds 3.61 beds 3.6 beds 3.46 beds
Avg Bathrooms 3.72 baths 3.67 baths 3.57 baths 3.59 baths 3.41 baths
Total Homes Average Price Avg Days on Site
All Homes 568 $561,284 76 days
Multi-Million Dollar Homes 44 $1,564,609 85 days
Newly Built Homes 68 $611,659 88 days
Homes with a Pool 41 $963,842 65 days
Reduced Price Homes 24 $505,316 26 days