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

$533,484

AVERAGE PRICE OF 720 HOMES

$265,766

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,488,123

AVERAGE PRICE OF 44 MULTI-MILLION DOLLAR HOMES

$599,461

AVERAGE PRICE OF 103 NEWLY BUILT HOMES

$896,422

AVERAGE PRICE OF 59 HOMES WITH A POOL

$548,227

AVERAGE PRICE OF 40 REDUCED PRICE HOMES

Average Home

Average Price $533,484
Avg Bedrooms 3.8 beds
Avg Bathrooms 3.77 baths

Average Price by Bedrooms

1 bedroom $122,000
2 bedrooms $348,380
3 bedrooms $380,669
4 bedrooms $469,596
5 bedrooms $718,390
Carmel Home Price Trends
  4/2019 3/2019 2/2019 1/2019 12/2018
Total Listings 630 558 504 470 512
Average Price $537,955 $543,378 $524,076 $521,266 $520,999
Avg Price Change -1.01% +3.68% +0.54% +0.05% +0.97%
Median Price $442,564 $456,556 $440,314 $428,445 $423,544
Med Price Change -3.16% +3.69% +2.77% +1.16% +1.11%
Avg Bedrooms 3.74 beds 3.67 beds 3.58 beds 3.58 beds 3.6 beds
Avg Bathrooms 3.77 baths 3.72 baths 3.66 baths 3.63 baths 3.62 baths
Total Homes Average Price Avg Days on Site
All Homes 720 $533,484 95 days
Distressed Homes 3 $265,766 73 days
Multi-Million Dollar Homes 44 $1,488,123 158 days
Newly Built Homes 103 $599,461 160 days
Homes with a Pool 59 $896,422 66 days
Reduced Price Homes 40 $548,227 56 days