Carmel Market Report

$717,631

AVERAGE PRICE OF 277 HOMES

$372,500

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,637,814

AVERAGE PRICE OF 50 MULTI-MILLION DOLLAR HOMES

$799,129

AVERAGE PRICE OF 58 NEWLY BUILT HOMES

$980,264

AVERAGE PRICE OF 21 HOMES WITH A POOL

$876,180

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $717,631
Avg Bedrooms 3.34 beds
Avg Bathrooms 3.31 baths

Average Price by Bedrooms

1 bedroom $176,533
2 bedrooms $458,777
3 bedrooms $568,359
4 bedrooms $692,638
5 bedrooms $1,226,964
Carmel Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 247 211 209 264 300
Average Price $712,547 $726,337 $775,168 $741,586 $727,173
Avg Price Change -1.94% -6.72% +4.53% +1.98% +0.53%
Median Price $546,258 $562,047 $571,024 $558,850 $564,083
Med Price Change -2.89% -1.60% +2.18% -0.94% +2.39%
Avg Bedrooms 3.3 beds 3.25 beds 3.33 beds 3.44 beds 3.49 beds
Avg Bathrooms 3.31 baths 3.21 baths 3.28 baths 3.34 baths 3.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Westfield High School 14 $707,607 76 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 277 $717,631 77 days
Distressed Homes 1 $372,500 22 days
Multi-Million Dollar Homes 50 $1,637,814 141 days
Newly Built Homes 58 $799,129 121 days
Homes with a Pool 21 $980,264 42 days
Reduced Price Homes 5 $876,180 54 days
Keller Williams Realty | The Gutting Group
Derek Gutting
11550 N Meridian, Ste 450
Carmel, IN 46032

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 © 2024 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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