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

$533,634

AVERAGE PRICE OF 706 HOMES

$408,800

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,788,081

AVERAGE PRICE OF 50 MULTI-MILLION DOLLAR HOMES

$609,180

AVERAGE PRICE OF 100 NEWLY BUILT HOMES

$1,242,414

AVERAGE PRICE OF 42 HOMES WITH A POOL

$550,127

AVERAGE PRICE OF 316 REDUCED PRICE HOMES

Average Home

Average Price $533,634
Avg Bedrooms 3.65 beds
Avg Bathrooms 3.62 baths

Average Price by Bedrooms

2 bedrooms $312,260
3 bedrooms $349,436
4 bedrooms $448,364
5 bedrooms $778,243
Carmel Home Price Trends
  8/2018 7/2018 6/2018 5/2018 4/2018
Total Listings 707 726 746 752 n/a
Average Price $529,854 $533,282 $540,946 $536,566 n/a
Avg Price Change -0.65% -1.44% +0.82% n/a n/a
Median Price $424,322 $428,166 $445,974 $443,250 n/a
Med Price Change -0.91% -4.16% +0.61% n/a n/a
Avg Bedrooms 3.67 beds 3.75 beds 3.73 beds 3.75 beds n/a
Avg Bathrooms 3.63 baths 3.72 baths 3.77 baths 3.82 baths n/a
Total Homes Average Price Avg Days on Site
All Homes 706 $533,634 103 days
Distressed Homes 3 $408,800 48 days
Multi-Million Dollar Homes 50 $1,788,081 177 days
Newly Built Homes 100 $609,180 126 days
Homes with a Pool 42 $1,242,414 128 days
Reduced Price Homes 316 $550,127 107 days