The Carmel housing market is very competitive. Over the three months, homes in Carmel receive 3 offers on average and sell in around 11 days. The median sale price of a home in Carmel was $608K over the last 3 months, up 10.5% since the same period last year. The median sale price per square foot in Carmel is $203, up 4.4% since last year.
Over the three months ending May 2026, Carmel home prices were up 10.5% compared to the same period last year, selling for a median price of $608K. On average, homes in Carmel sell after 11 days on the market compared to 8 days last year. There were 438 homes sold in May this year, up from 385 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$607,636
+10.5% YoY | May 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2026
Growth
% YoY
Carmel, IN
$607,636
+10.5%
United States
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How hot is the Carmel housing market?
Carmel is very competitive. Homes sell in 9 days.
0
100
87
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 around list price and go pending in around 9 days.
Hot homes
can sell for about 3% 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.
Home offer insights for Carmel
Explore recent offers and recently sold homes in Carmel
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 - Moderate
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Carmel has a moderate risk of flooding. 1,087 properties in Carmel are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Carmel. Flood risk is increasing slower than the national average.
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.