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City / Town Overview

Carmel, IN

Aggregate real estate market report across all ZIPs in scope
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The Carmel, IN real estate market currently shows 312 active listings, with 108 pending sales. Homes are averaging 42.5 days on the market before going under contract.

Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 42.5 days on market compared to 38.2 days last year.

The median listing price has fallen 4.2% year-over-year, from $597,168 to $572,085.

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Market Context

Market Context

Population: 91,109  ·  Density: 825.5/mi²  ·  Median household income: $133,090

Typical home value: $431,976  ·  Homeownership: 75.2%

Included Areas

Carmel: 46032, 46033, 46082

Area Map

Market Overview

Active Listings
312
⇩ 3.1% vs 322 last year
Pending
108
35% pending ratio
Median Price
$572,085
⇩ 4.2% vs $597,168 last year
Average Price
$872,594
⇧ 11.6% vs $781,611 last year
Days on Market
42.5
⇧ 11.3% vs 38 days last year

Price Per Square Foot

Median $/sqft
$224
⇧ 2.6% vs $218/sqft last year
Median Home Size
2,460 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %