If you need assistance, please call 317-565-7044

Carmel Market Report

$741,517

AVERAGE PRICE OF 348 HOMES

$579,899

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,683,017

AVERAGE PRICE OF 52 MULTI-MILLION DOLLAR HOMES

$753,667

AVERAGE PRICE OF 61 NEWLY BUILT HOMES

$1,445,314

AVERAGE PRICE OF 21 HOMES WITH A POOL

$704,725

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $741,517
Avg Bedrooms 3.44 beds
Avg Bathrooms 3.46 baths

Average Price by Bedrooms

1 bedroom $194,950
2 bedrooms $565,627
3 bedrooms $569,521
4 bedrooms $757,227
5 bedrooms $1,099,459
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 55 days
Total Homes Average Price Avg Days on Site
All Homes 348 $741,517 72 days
Distressed Homes 1 $579,899 2 days
Multi-Million Dollar Homes 52 $1,683,017 95 days
Newly Built Homes 61 $753,667 130 days
Homes with a Pool 21 $1,445,314 27 days
Reduced Price Homes 20 $704,725 51 days
The Gilbert Group
Shannon Gilbert
8800 North Street Suite 111
Fishers, IN 46038
317-565-7044

Based on information submitted to the MLS GRID as of April 24, 2025 2 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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