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CARMEL, IN 46033

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 46033

Brentwood Village · Bridlewood · Oak Park · Prairie View (subdivision) · Sandybrook · Setters Run · Shadybrook · Spring Creek (subdivision) · Spring Meadows · Taylor Trace · Village Park Estates · Woodfield (subdivision)

Market Analysis

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

The CARMEL, IN real estate market (46033) currently shows 108 active listings, with 70 pending sales. Homes are averaging 36 days on the market before going under contract.

Inventory has increased compared to last year, with 46 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 36 days on market compared to 18 days last year.

The median listing price has fallen 2.4% year-over-year, from $550,000 to $536,975.

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: 39,859  ·  Density: 883.1/mi²  ·  Median household income: $147,998

Typical home value: $431,051  ·  Homeownership: 86.0%

Market Overview

Active Listings
108
⇧ 74.2% vs 62 last year
Pending
70
65% pending ratio
Median Price
$536,975
⇩ 2.4% vs $550,000 last year
Average Price
$584,778
⇩ 0.7% vs $589,106 last year
Days on Market
36
⇧ 100% vs 18 days last year

Price Per Square Foot

Median $/sqft
$197
⇧ 6.5% vs $185/sqft last year
Median Home Size
2,628 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 108 this year vs 62 last year
  • Days on market: 36 now vs 18 last year

Median & Average Pricing

Year over Year
  • Median: $536,975 (-2.4% YoY)
  • Average: $584,778 (-0.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.8 miles — 1,098 listings ($612,490,100 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46033Carmel, IN 460330.0 mi80$45,447,520$529,925$568,094
46038Fishers, IN 460383.7 mi97$39,008,647$360,000$402,151
46290Indianapolis, IN 462905.2 mi6$3,820,440$549,900$636,740
46240Indianapolis, IN 462405.4 mi47$27,216,290$401,175$579,070
46074Westfield, IN 460746.0 mi230$172,570,610$535,250$750,307
46260Indianapolis, IN 462607.5 mi72$39,093,408$304,750$542,964
46220Indianapolis, IN 462207.8 mi98$39,717,048$336,700$405,276
46216Indianapolis, IN 462168.9 mi12$4,471,452$385,000$372,621
46226Indianapolis, IN 462269.9 mi109$27,830,861$209,950$255,329
46077Zionsville, IN 4607710.5 mi88$139,687,856$991,975$1,587,362
46034Cicero, IN 4603410.8 mi22$15,065,116$559,900$684,778
46235Indianapolis, IN 4623511.4 mi106$26,168,220$252,450$246,870
46208Indianapolis, IN 4620811.8 mi131$32,392,632$209,925$247,272

Frequently Asked Questions

How many homes are for sale in CARMEL, IN 46033?

As of March 2026, there are 108 active listings in CARMEL, IN (zip code 46033), compared to 62 the prior year.

What is the median home price in CARMEL, IN 46033?

The median listing price in CARMEL, IN 46033 is $536,975 as of March 2026, a 2.4% decrease from $550,000 the prior year.

How long do homes stay on the market in CARMEL, IN?

Homes in CARMEL, IN 46033 spend an average of 36 days on the market before going under contract, compared to 18 days the prior year.

Is it a seller's or buyer's market in CARMEL, IN 46033?

Based on current inventory and days-on-market data as of March 2026, CARMEL, IN 46033 is currently a Buyer's Market. Inventory has increased compared to last year, with 46 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 36 days on market compared to 18 days last year.

How much can I save on real estate commission in CARMEL, IN?

With SELL123.com's maximum 3% commission, sellers in CARMEL, IN 46033 save an estimated $10,740 compared to a typical 5% commission on the median listing price of $536,975. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.