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Market Intelligence · IN / Hamilton County

Carmel, IN housing market

2 ZIP markets liveData updated June 2026Typical value$596K1-yr changeUp4.8%

The median home value in Carmel, IN is $596K as of June 2026, up 4.8% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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The coverage

Carmel, by the numbers.

Typical home valueZillow ZHVI, June 2026
$596K
1-yr changeMedian across Carmel ZIPs
+4.8%
ZIP markets live3 tracked in Carmel
2
County
Hamilton County

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12-month value trend

+4.8% over 12 months

Typical home value in Carmel over the last 12 months: $568K in Jun 2025 to $596K in Jun 2026 (+4.8%).

Jun 2025$568K

Jun 2026$596K

Median Zillow home value index across Carmel's ZIP codes.

Context

The typical Carmel home carries a Zillow value of $595,571 as of June 2026, a 12-month move of +4.8%. On the listing side, Realtor.com counts 171 homes on the market, 160 newly listed, and a median asking price of $623,738 in June 2026. A typical listing takes 38 days to sell, and 15.9% of active homes have seen a price reduction. Read together, these figures point to a market on the way up, with real appreciation over the year.

The numbers

What is the housing market like in Carmel, IN?

Typical home value

$596K

Up4.8%YoY

Median list price

$624K

Days on market

38

Homes for sale

171

Price cuts

15.9%

New listings

160

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026)

Figures reflect Carmel's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

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Live markets

What ZIP codes are live in Carmel?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of June 2026. 1-yr change compares it to the same ZIP a year earlier. We track 3 Carmel ZIP codes in total; the remaining 1 publish as their data clears editorial QA.

Zillow ZHVI, June 2026

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Nearby markets

More Indiana housing markets.

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