House Prices

House Prices & Home Values Carmel, IN 2026


Average Data

average house price$550,810
average size per house3528 ft²
average price per ft²157 $ / ft²

01/19/2026 - The value range (VR) for house prices in Carmel, IN is $147/ sqft to $168/ sqft. An average home with 3528 sqft costs approximately $518,616 to $592,704. Carmel, IN includes 2 ZIP codes and it is located in Hamilton county. The lowest prices are found in ZIP 46033, while the highest are in ZIP 46032. The average price per sqare feet is $157. Our analysis is based on 210 property listings.

Avergage prices by ZIP codes Carmel

46032165 $ / ft²
46033158 $ / ft²


House prices by neighborhoods in Carmel

Arts Design District175 $ / ft²
Ashbrooke159 $ / ft²
Auman Addition165 $ / ft²
Carmel Station155 $ / ft²
Claridge Farm177 $ / ft²
Crooked Stick Estates180 $ / ft²
Johnson Addition183 $ / ft²
Old Town Carmel166 $ / ft²
Providence at Old Meridian178 $ / ft²
Shelborne Greene175 $ / ft²
Springmill Crossing161 $ / ft²
Springmill Ponds170 $ / ft²
Springmill Ridge155 $ / ft²
Springmill Streams158 $ / ft²
Summerlakes163 $ / ft²
Village of Old Meridian173 $ / ft²
Village of WestClay170 $ / ft²
Weston Pointe165 $ / ft²
Windemere178 $ / ft²




Historical development of home values in Carmel

Year Estimated value (USD) Change vs. 2025
2010 $255,806 -53.6%
2011 $245,914 -55.4%
2012 $245,252 -55.5%
2013 $254,419 -53.8%
2014 $267,070 -51.5%
2015 $280,777 -49.0%
2016 $295,430 -46.4%
2017 $311,375 -43.5%
2018 $328,590 -40.3%
2019 $343,826 -37.6%
2020 $361,600 -34.4%
2021 $411,281 -25.3%
2022 $479,461 -13.0%
2023 $505,614 -8.2%
2024 $534,864 -2.9%
2025 $550,810 0.0%

Graph: estimated home values in Carmel over time (USD)



Example: 100% financing house in Carmel

Loan amount: $550,810

Interest rate: 6.00%

Fixed monthly payment: $3,302.38

Breakdown in the 1st month:
Interest portion: $2,754.05  –  Principal portion: $548.33

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $32,864.60 $6,764.01 $544,045.99
2 $32,447.41 $7,181.20 $536,864.79
3 $32,004.49 $7,624.12 $529,240.67
4 $31,534.25 $8,094.36 $521,146.31
5 $31,035.01 $8,593.60 $512,552.70
6 $30,504.97 $9,123.64 $503,429.07
7 $29,942.25 $9,686.36 $493,742.70
8 $29,344.81 $10,283.80 $483,458.90
9 $28,710.53 $10,918.08 $472,540.82
10 $28,037.13 $11,591.48 $460,949.34
11 $27,322.19 $12,306.42 $448,642.92
12 $26,563.16 $13,065.45 $435,577.47
13 $25,757.31 $13,871.30 $421,706.17
14 $24,901.76 $14,726.85 $406,979.31
15 $23,993.44 $15,635.17 $391,344.14
16 $23,029.09 $16,599.52 $374,744.62
17 $22,005.27 $17,623.34 $357,121.29
18 $20,918.30 $18,710.31 $338,410.98
19 $19,764.29 $19,864.32 $318,546.66
20 $18,539.11 $21,089.51 $297,457.15
21 $17,238.35 $22,390.26 $275,066.89
22 $15,857.37 $23,771.24 $251,295.65
23 $14,391.21 $25,237.40 $226,058.25
24 $12,834.62 $26,793.99 $199,264.26
25 $11,182.03 $28,446.58 $170,817.68
26 $9,427.50 $30,201.11 $140,616.57
27 $7,564.77 $32,063.84 $108,552.73
28 $5,587.14 $34,041.47 $74,511.25
29 $3,487.54 $36,141.08 $38,370.18
30 $1,258.43 $38,370.18 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Carmel, IN


1500 sqft3900 sqft
Ø selling price$284,956$606,177
Ø fast selling$259,051$545,560
Ø high price sale$310,860$666,795

In 2026, houses in Carmel, IN will be offered at an average price of $157 per square foot. A 1,500 sqft home priced at $284,956 is 22.52% more expensive per square foot than a 3,900 sqft home priced at $606,177. Home prices in Carmel, IN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $419,662. Sellers who can wait longer may achieve a higher price of up to $512,920.

FAQ – Home Values in Carmel

What is the median home value in Carmel in 2026?

In 2026, the typical home value in Carmel is about $550,810 for an average home size of 3528 square feet. This corresponds to an average price of roughly $157 per square foot.

What is the average cost per square foot in Carmel?

In 2026, homes in Carmel sell for an average of around $157 per square foot, with a typical range between $147 and $168 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Carmel is about 3528 square feet, with an estimated 2026 value around $550,810.



Locations close to Carmel, IN

Cicero, IN126 $ / ft²
Colfax, IN155 $ / ft²
Elwood, IN62 $ / ft²
Atlanta, IN129 $ / ft²
Arcadia, IN185 $ / ft²
Anderson, IN85 $ / ft²
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