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Carmel Market Report

$685,926

AVERAGE PRICE OF 301 HOMES

$1,733,624

AVERAGE PRICE OF 33 MULTI-MILLION DOLLAR HOMES

$763,684

AVERAGE PRICE OF 61 NEWLY BUILT HOMES

$1,560,625

AVERAGE PRICE OF 12 HOMES WITH A POOL

$638,600

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $685,926
Avg Bedrooms 3.31 beds
Avg Bathrooms 3.32 baths

Average Price by Bedrooms

1 bedroom $192,450
2 bedrooms $550,951
3 bedrooms $540,307
4 bedrooms $757,663
5 bedrooms $1,002,821
Carmel Home Price Trends
  2/2025 1/2025 12/2024 11/2024 10/2024
Total Listings 223 218 257 305 311
Average Price $677,178 $695,760 $700,376 $726,164 $700,077
Avg Price Change -2.74% -0.66% -3.68% +3.73% -2.58%
Median Price $560,442 $552,811 $560,888 $565,835 $535,340
Med Price Change +1.38% -1.46% -0.88% +5.70% -1.02%
Avg Bedrooms 3.13 beds 3.11 beds 3.2 beds 3.35 beds 3.31 beds
Avg Bathrooms 3.13 baths 3.12 baths 3.16 baths 3.33 baths 3.21 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Westfield High School 13 $733,638 48 days
Total Homes Average Price Avg Days on Site
All Homes 301 $685,926 77 days
Multi-Million Dollar Homes 33 $1,733,624 142 days
Newly Built Homes 61 $763,684 115 days
Homes with a Pool 12 $1,560,625 28 days
Reduced Price Homes 8 $638,600 65 days
eXp Realty
Carlos Higareda
9465 Counselors Row
Indianapolis, IN 46240
317-590-2901
Indiana Luxury Property

Based on information submitted to the MLS GRID as of March 26, 2025 11 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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