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Carmel Market Report

$625,831

AVERAGE PRICE OF 305 HOMES

$1,593,403

AVERAGE PRICE OF 39 MULTI-MILLION DOLLAR HOMES

$706,896

AVERAGE PRICE OF 36 NEWLY BUILT HOMES

$849,778

AVERAGE PRICE OF 87 HOMES WITH A POOL

$816,421

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price	$625,831
Avg Bedrooms	3.99 beds
Avg Bathrooms	3.89 baths

Average Price by Bedrooms

2 bedrooms	$366,994
3 bedrooms	$413,950
4 bedrooms	$546,899
5 bedrooms	$932,071

Carmel Home Price Trends

	4/2021	3/2021	2/2021	1/2021	12/2020
Total Listings	305	237	224	205	256
Average Price	$599,268	$595,293	$559,400	$560,094	$547,255
Avg Price Change	+0.67%	+6.42%	-0.12%	+2.35%	+3.97%
Median Price	$479,433	$475,321	$447,958	$448,998	$424,031
Med Price Change	+0.87%	+6.11%	-0.23%	+5.89%	+0.88%
Avg Bedrooms	3.98 beds	3.85 beds	3.8 beds	3.85 beds	3.88 beds
Avg Bathrooms	3.88 baths	3.83 baths	3.78 baths	3.89 baths	3.84 baths

Home Price by House Size

	Total Homes	Average Price	Avg Days on Site
All Homes	305	$625,831	45 days
Multi-Million Dollar Homes	39	$1,593,403	72 days
Newly Built Homes	36	$706,896	110 days
Homes with a Pool	87	$849,778	46 days
Reduced Price Homes	6	$816,421	34 days

The source of the Licensed Listings is BLC® listing service. The Licensed Listings are confidential information of BLC® listing service. The BLC® listing information is provided by the Metropolitan Indianapolis Board of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2021 Metropolitan Indianapolis Board of REALTORS® All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.