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City / Town Overview

Carmel, IN

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The Carmel, IN real estate market currently shows 271 active listings, with 132 pending sales. Homes are averaging 36.6 days on the market before going under contract.

Inventory has increased compared to last year, with 74 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 36.6 days on market compared to 30.3 days last year.

The median listing price has fallen 9.1% year-over-year, from $631,548 to $574,131.

Whether you are buying or selling in Carmel, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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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: 46033, 46082

Home Place: 46032

Area Map

Market Overview

Active Listings
271
⇧ 37.6% vs 197 last year
Pending
132
49% pending ratio
Median Price
$574,131
⇩ 9.1% vs $631,548 last year
Average Price
$729,675
⇩ 7.5% vs $788,890 last year
Days on Market
36.6
⇧ 20.8% vs 30 days last year

Price Per Square Foot

Median $/sqft
$246
⇧ 3% vs $238/sqft last year
Median Home Size
2,210 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 %