A+
91%
Med. Home Val. NAT. AVG.
31%
Rent NAT. AVG.
19%
Owner Occ. NAT. AVG.

Carmel Housing Information

IndexCarmelIndianaNational
Median home price$352,400$126,500$184,700
Median rent asked$1,247$758$949
Avg. people per household2.52.52.6
Owner occupied households75.7%68.7%63.6%
Renter occupied households24.3%31.3%36.4%
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Housing Quick Facts

  • The median home price in Carmel is 91% higher than the national average.
  • The median rent asked in Carmel is 31% higher than the national average.
  • The average number of people per household in Carmel is 6% lower than the national average.
  • The number of owner occupied households in Carmel is 19% higher than the national average.
  • The number of renter occupied households in Carmel is 33% lower than the national average.

Most Affordable Places to Live in and Around Carmel

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Arcadia, IN1,530$108,50041%
      Clermont, IN1,365$125,90032%
      Speedway, IN12,327$131,90029%
      Rocky Ripple, IN653$135,70027%
      Sheridan, IN3,454$137,40026%
      Carmel, IN99,130$352,40091%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Roanoke, VA99,122$134,90027%
      Lee's Summit, MO98,997$234,70027%
      Spokane Valley, WA99,275$226,80023%
      Boca Raton, FL98,776$480,800160%
      Chico, CA98,683$349,30089%
      Carmel, IN99,130$352,40091%
      Source: The Carmel, IN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).