Carmel, IN home prices

The typical Carmel, IN home is worth $577,066 — 142% above the typical Indiana city ($238,076).

Carmel home values have risen +126.6% since 2003, and moved +0.8% in the last year.

Median rent is $1,878/mo, a gross yield of about 3.9%.

Carmel, IN is flat, a premium-priced area.

Momentum+0.8%Flat

Vs typical+142%Premium

Rental yield3.9%Low yield

Real Estate Price Map scores, derived from the data on this page · how we calculate them

2003: $254,633 → today: $577,066 (2.3×)

Typical home value

$577,066

Zillow ZHVI

Since 2003

+126.6%

Rank in IN

of 602 cities

Median rent

$1,878/mo

3.9% gross yield

Market read

At $577,066, homes in Carmel are 142% above the typical IN city ($238,076), ranking #6 of 602 we track in the state.

Prices are up 0.8% over the last year.

Zillow Home Value Index, yearly.

What is the average home price in Carmel, IN?

The typical Carmel, IN home is worth $577,066 — 142% above the typical Indiana city ($238,076).

Are home prices in Carmel rising?

Carmel home values have risen +126.6% since 2003, and moved +0.8% in the last year.

What is the rental yield in Carmel?

Median rent is $1,878/mo, a gross yield of about 3.9%.

What county is Carmel in?

Carmel is in Hamilton County, where you can see full county market data.