Carmel Housing Information - Census

IndexCarmelIndianaNational
Median home price$306,500$126,500$184,700
Median rent asked$1,132$758$949
Avg. people per household2.52.52.6
Owner occupied households77.7%68.7%63.6%
Renter occupied households22.3%31.3%36.4%

Carmel Housing Information - Zillow

IndexCarmelIndianaNational
Zillow home value index$343,500$137,300$220,100
Year over year appreciation rate7.11%9.40%7.58%
5 year average appreciation rate4.72%4.70%6.57%
10 year average appreciation rate2.38%1.13%1.33%

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Did you know?

  • The median home price in Carmel is 66% higher than the national average.
  • The median rent asked in Carmel is 19% 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 22% higher than the national average.
  • The number of renter occupied households in Carmel is 39% lower than the national average.

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Compare Carmel, IN Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Arcadia, IN1,257$100,50046%
Sheridan, IN2,735$110,60040%
Speedway, IN12,145$116,20037%
Clermont, IN1,439$117,80036%
Indianapolis, IN846,674$120,40035%
Carmel, IN86,940$306,50066%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Hawthorne, CA86,938$419,600127%
Alafaya, FL86,868$207,50012%
Suffolk, VA87,061$236,60028%
Newport Beach, CA86,813$1,584,900758%
Whittier, CA86,630$458,500148%
Carmel, IN86,940$306,50066%
Source: The Carmel, IN housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.