Carmel Real Estate Market Report

CARMEL, INDIANA — CURRENT HOUSING MARKET (as of May 2025)

1. HOUSES FOR SALE (SINGLE FAMILY)

  • Number of Active Listings:
    435 homes for sale in Carmel as of May 2025 (Redfin).

  • Median Sale Price:
    $508,336 (down 2.2% year-over-year) (Redfin).

  • Median List Price:
    $549,617 (Zillow).

  • Average Days on Market:
    14 days (Redfin).

  • Homes Sold Last Month:
    142 homes sold in April 2025, up 65.1% from March (Redfin).

  • Price Per Sq Ft:
    $185 (Redfin).

  • Over $1 Million Listings:
    Currently, about 100+ homes are listed over $1M (Zillow).

2. CONDOS & TOWNHOMES FOR SALE

  • Number of Active Condo/Townhome Listings:
    42 condos/townhomes for sale (Redfin).

  • Median Condo List Price:
    $399,000 (Redfin).

  • Price Range:
    Most condos in Carmel are between $225,000 and $1.2M (Zillow Condos).

  • Average Days on Market (Condos):
    24 days (Redfin).

3. CARMEL-ONLY SOURCES

  • Redfin Carmel Market: Redfin Carmel Housing Market

  • Zillow Carmel IN: Zillow Carmel IN

  • Realtor.com Carmel: Realtor.com Carmel IN

Shelley Walters | F.C. Tucker Carmel, IN • 317-201-2601 • Carmel, IN

• Carmel • Westfield • Zionsville • Indy North

• Carmel • Westfield • Zionsville • Indy North

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