Market Intelligence · IN / Carmel

Carmel, IN 46033 Housing Market

The typical home in Carmel's 46033 ZIP code is valued at $589,210, up 4.8% over the past year. Homes currently carry a median list price of $575,000 and spend a median of 41 days on the market.

Updated August 2026Median value$589K

The median home value in Carmel, IN 46033 is $589K as of August 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.

Get a cash offer

Sell without the wait

Sell your Carmel home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 46033 range

$542K to $636K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 46033 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Carmel, IN.

12-month value trend

+4.8% over 12 months

Typical home value in 46033 over the last 12 months: $562K in Aug 2025 to $589K in Aug 2026 (+4.8%).

Aug 2025$562K

Aug 2026$589K

The numbers

What is the 46033 housing market like?

Typical home value

$589K

Up4.8%YoY

Median list price

$575K

Down0.3%MoM

Days on market

41

Up24.2%MoM

Homes for sale

75

Up8.7%MoM

Price cuts

30.2%

Up39.9%MoM

New listings

56

Down3.4%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

Free home value report

See what your 46033 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 46033 home prices compare?

  • 46033$589,210
  • Carmel$587,778
  • Indiana$237,708
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Carmel: 2 ZIPs; Indiana: 697 ZIPs; United States: 26,265 ZIPs).

Context

As of 2026-08-01, there are 75 homes for sale in 46033, with 56 new listings entering the market. The median list price sits at $575,000, while the typical home value of $589,210 reflects a 4.8% gain over the past year. Homes are moving at a moderate pace, spending a median of 41 days on the market. Still, 30.2% of listings have taken a price cut, which suggests some sellers are testing the upper end of what buyers will pay. For a seller, the market rewards realistic pricing more than optimism.

Monthly payment

Estimate your monthly payment.

20% · $117,842

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.