Carmel, IN

Seller's market-2.6% YoY

Housing market overview · Updated weekly

$495,000median sale price

Homes sold

61

Last 12 weeks

Days on market

48

Average pace

Active listings

130

2.1 months supply

Sale-to-list

99.1%

Below asking

The Carmel housing market is currently classified as a seller's market with a median sale price of $495,000. Prices have fallen 2.6% compared to last year, with homes spending an average of 48 days on market, indicating 2.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Carmel?

The median home sale price in Carmel is $495,000, down 2.6% from last year.

How long do homes stay on market in Carmel?

Homes typically spend 48 days on market before going under contract.

Is Carmel a buyer's or seller's market?

With 2.1 months of supply, Carmel is currently a seller's market.

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