The Carmel housing market is very competitive. Homes in Carmel receive 3 offers on average and sell in around 11 days. The median sale price of a home in Carmel was $485K last month, down 14.1% since last year. The median sale price per square foot in Carmel is $184, down 0.27% since last year.
In September 2024, Carmel home prices were down 14.1% compared to last year, selling for a median price of $485K. On average, homes in Carmel sell after 11 days on the market compared to 11 days last year. There were 118 homes sold in September this year, up from 115 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$485,375
-14.1% YoY | Sep 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Sep 2024
Growth
% YoY
Carmel, IN
$485,375
-14.1%
United States
To compare other locations to the Carmel and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Carmel add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Carmel
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Carmel housing market?
Carmel is very competitive. Homes sell in 10.5 days.
0
100
83
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 11 days.
Hot homes
can sell for about 1% above list price and go pending in around 4 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Carmel housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Carmel.
Flood Factor - Major
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Carmel has a major risk of flooding. 1,621 properties in Carmel are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Carmel. Flood risk is increasing slower than the national average.
4% of properties are at risk of wildfire over the next 30 years
Fire Factor
Carmel has a moderate risk of wildfire. There are 1,778 properties in Carmel that have some risk of being affected by wildfire over the next 30 years. This represents 4% of all properties in Carmel.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Carmel has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Carmel is most at risk from hurricanes. 37,764 properties in Carmel have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 49 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 54 mph.