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

$519,008

AVERAGE PRICE OF 625 HOMES

$272,400

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,675,570

AVERAGE PRICE OF 38 MULTI-MILLION DOLLAR HOMES

$591,637

AVERAGE PRICE OF 120 NEWLY BUILT HOMES

$1,122,076

AVERAGE PRICE OF 29 HOMES WITH A POOL

$512,281

AVERAGE PRICE OF 309 REDUCED PRICE HOMES

Average Home

Average Price $519,008
Avg Bedrooms 3.64 beds
Avg Bathrooms 3.64 baths

Average Price by Bedrooms

1 bedroom $109,900
2 bedrooms $338,330
3 bedrooms $361,696
4 bedrooms $448,227
5 bedrooms $768,638
Carmel Home Price Trends
  10/2018 9/2018 8/2018 7/2018 6/2018
Total Listings 668 704 707 726 746
Average Price $527,383 $525,656 $529,854 $533,282 $540,946
Avg Price Change +0.33% -0.80% -0.65% -1.44% +0.82%
Median Price $417,494 $406,103 $424,322 $428,166 $445,974
Med Price Change +2.80% -4.49% -0.91% -4.16% +0.61%
Avg Bedrooms 3.67 beds 3.65 beds 3.67 beds 3.75 beds 3.73 beds
Avg Bathrooms 3.66 baths 3.6 baths 3.63 baths 3.72 baths 3.77 baths
Total Homes Average Price Avg Days on Site
All Homes 625 $519,008 116 days
Distressed Homes 2 $272,400 50 days
Multi-Million Dollar Homes 38 $1,675,570 180 days
Newly Built Homes 120 $591,637 124 days
Homes with a Pool 29 $1,122,076 120 days
Reduced Price Homes 309 $512,281 118 days
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