Carmel, IN Home Values & Market Trends
Real estate market trends reflect that there have been 3,061 transactions over the past year in Carmel. The median value for residential home transactions that occurred over the previous year is $484,010.84. The number of current listings in Carmel is 27, and the percentage of properties for sale in the city is 27.00%. Carmel, IN currently has 34 properties in foreclosure, 0 bank owned properties, 7 properties headed for auction, and 27 properties for sale.
Carmel, IN Real Estate Market Overview
Housing Market Summary for Carmel, IN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $474.9K | $501.6K | 5.61% |
| Median Sold Price | $465.5K | $501.6K | 7.74% |
| Homes For Sale | 36 | 32 | -11.11% |
| Homes Sold | 765 | 932 | 21.83% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Carmel, IN
Browse Homes in Carmel, IN
Carmel home values range from $26,906 to $24,905,171. The median estimated value of a home in Carmel is $484,010.84. The median list price of a home is 435,000, and the total count of properties in the city is 34,574.
- Pre-ForeclosurePre-foreclosure homes account for 0.08% of all residential properties in Carmel, IN with 46033 containing 14 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Carmel, IN; of those zips, the estimated home value for pre-foreclosure homes ranges from $914,311 in 46033 to the lowest home value of $292,314 in 46032.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Carmel, IN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Carmel, IN. There are 2 zips within Carmel, IN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions46033 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Carmel, IN. Auction homes and other auction properties account for 0.02% of all properties in Carmel, IN. There are 2 zips within Carmel, IN; of those zips, the median estimated home value for homes going to auction ranges from $919,384 in 46033 to the lowest value of $207,859 in 46033.
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More Real Estate Resources for Carmel, IN
Guide for Carmel, IN
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Information on foreclosure financing, refinancing, and foreclosure mortgages.
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