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Carmel

Carmel Market Report

$737,869

AVERAGE PRICE OF 355 HOMES

$579,899

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,662,718

AVERAGE PRICE OF 54 MULTI-MILLION DOLLAR HOMES

$755,045

AVERAGE PRICE OF 60 NEWLY BUILT HOMES

$1,462,267

AVERAGE PRICE OF 21 HOMES WITH A POOL

$697,987

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $737,869
Avg Bedrooms 3.43 beds
Avg Bathrooms 3.44 baths

Average Price by Bedrooms

1 bedroom $194,950
2 bedrooms $558,060
3 bedrooms $567,283
4 bedrooms $750,327
5 bedrooms $1,152,410
Carmel Home Price Trends
  3/2025 2/2025 1/2025 12/2024 11/2024
Total Listings 275 223 218 257 305
Average Price $695,865 $677,178 $695,760 $700,376 $726,164
Avg Price Change +2.76% -2.74% -0.66% -3.68% +3.73%
Median Price $587,120 $560,442 $552,811 $560,888 $565,835
Med Price Change +4.76% +1.38% -1.46% -0.88% +5.70%
Avg Bedrooms 3.26 beds 3.13 beds 3.11 beds 3.2 beds 3.35 beds
Avg Bathrooms 3.28 baths 3.13 baths 3.12 baths 3.16 baths 3.33 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Westfield High School 16 $764,768 59 days
Total Homes Average Price Avg Days on Site
All Homes 355 $737,869 72 days
Distressed Homes 1 $579,899 6 days
Multi-Million Dollar Homes 54 $1,662,718 96 days
Newly Built Homes 60 $755,045 135 days
Homes with a Pool 21 $1,462,267 28 days
Reduced Price Homes 20 $697,987 44 days
Epique Realty - Justin Graham Team
Justin Graham
9465 Counselors Row, Ste 200
Indianapolis, IN 46240
317-800-0950
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Approved Mortgage, A Winterwood Mortgage Group
107 N State Road 135, Suite 301 Greenwood, IN 46142
Phone: (317) 882-2255
Email: dc@approvedonline.com
NMLS# 122171

Based on information submitted to the MLS GRID as of April 29, 2025 9 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
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