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Carmel

Carmel Market Report

$660,844

AVERAGE PRICE OF 262 HOMES

$599,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,684,828

AVERAGE PRICE OF 28 MULTI-MILLION DOLLAR HOMES

$721,731

AVERAGE PRICE OF 76 NEWLY BUILT HOMES

$676,601

AVERAGE PRICE OF 50 HOMES WITH A POOL

$520,938

AVERAGE PRICE OF 22 REDUCED PRICE HOMES

Average Home

Average Price $660,844
Avg Bedrooms 3.31 beds
Avg Bathrooms 3.21 baths

Average Price by Bedrooms

2 bedrooms $359,713
3 bedrooms $469,367
4 bedrooms $590,072
5 bedrooms $951,122
Carmel Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 242 288 329 366 373
Average Price $647,748 $653,222 $660,648 $672,480 $693,965
Avg Price Change -0.85% -1.14% -1.79% -3.19% -0.06%
Median Price $499,666 $496,394 $499,189 $511,007 $516,777
Med Price Change +0.66% -0.56% -2.37% -1.13% +0.04%
Avg Bedrooms 3.22 beds 3.27 beds 3.46 beds 3.55 beds 3.55 beds
Avg Bathrooms 3.12 baths 3.22 baths 3.39 baths 3.43 baths 3.42 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Westfield High School 8 $981,847 111 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 262 $660,844 93 days
Distressed Homes 1 $599,900 55 days
Multi-Million Dollar Homes 28 $1,684,828 170 days
Newly Built Homes 76 $721,731 119 days
Homes with a Pool 50 $676,601 78 days
Reduced Price Homes 22 $520,938 108 days
EXP Realty - Justin Graham Team
Justin Graham
107 N State Road 135, Ste 307
Greenwood, IN 46142
317-800-0950

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

The source of the Licensed Listings is BLC® listing service. The Licensed Listings are confidential information of BLC® listing service. The BLC® listing information is provided by the Metropolitan Indianapolis Board of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2023 Metropolitan Indianapolis Board of REALTORS® All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
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