Carmel, IN Housing Market & Real Estate

Seller's market-2.6% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Carmel, IN is $495,000, down 2.6% year-over-year. Homes sell in an average of 48 days with 130 active listings. The market is currently a seller's market.

$495,000median sale price

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

Seller's market2.1 months of supply48 avg. days on market

Carmel, IN is currently a seller's market, based on 2.1 months of supply and homes selling in about 48 days. How we determine this →

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

Carmel, IN market data

Current housing market statistics for Carmel, IN
MetricValue
Median sale price$495,000
Median list price$519,000
Year-over-year price change-2.6%
Average days on market48 days
Active inventory130 listings
Months of supply2.1 months
Sale-to-list price ratio99.1%
Market conditionSeller's market

Source: Redfin · Updated weekly

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

Homes for sale in Carmel

There are currently 130 homes listed for sale in Carmel, Indiana. The median listing price is $519K.

Active listings

130

Homes on market

Median list price

$519K

Avg. days on market

48

Days until sale

New this week

77

Newly listed

Price drops:36.9%of listings
Sale-to-list:99.1%

Top public schools in Carmel

17 schools tracked · 16,741 students

The largest public schools serving Carmel, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Carmel High School

Grades 9-12 · 5,200 students

Public

Clay Middle School

Grades 6-8 · 1,395 students

Public

Creekside Middle School

Grades 6-8 · 1,394 students

Public

Carmel Middle School

Grades 6-8 · 1,070 students

Public

Cherry Tree Elementary School

Grades PK-5 · 711 students

Public

Prairie Trace Elementary School

Grades K-5 · 705 students

Public

Clay Center Elementary School

Grades PK-5 · 689 students

Public

Carmel Elementary School

Grades K-5 · 682 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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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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