$647,500
4 bd3 ba4,253 sqft
32 E Greyhound Pass
Carmel, IN Housing Market
$534,113
2.9% 1-yrThe average Carmel, IN home value is $534,113, up 2.9% over the past year and goes to pending in around 9 days.
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Carmel Key Takeaways
Typical Home Values: $534,113
1-year Value Change: +2.9%
(Data through August 31, 2025)
Carmel Housing Market Overview
--1-year Market Forecast
311For sale inventory(August 31, 2025)
146New listings(August 31, 2025)
0.999Median sale to list ratio(July 31, 2025)
$565,400Median sale price(July 31, 2025)
$563,000Median list price(August 31, 2025)
39.6%Percent of sales over list price(July 31, 2025)
44.8%Percent of sales under list price(July 31, 2025)
9Median days to pending(August 31, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Carmel
- NameMedian ZHVI
- Nora-Far Northside$372,414
- Keystone at the Crossing$469,926
- St Vincent-Greenbriar$297,911
- Williams Creek$1,477,881
- North Central$423,772
- Clearwater$339,603
- Castleton$245,816
- College Park$194,786
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Carmel Rental Market Trends
$1,816Average rent in Carmel(August 31, 2025)
$2,007National average rent(August 31, 2025)
-0.7%Month-over-month change(August 31, 2025)
2.6%Year-over-year change(August 31, 2025)
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
