Property prices for sale in Carmel (Indiana)

The prices in real estate in Carmel, in the Indiana region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$571,910.33
Average price last 6 months
$1,029.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Carmel has increased strongly during the last 6 months. In January, the average price per sq.feet was $154. In the following month the price per sq.feet decreased to $133. In the following two months the price per sq.feet has barely changed, going from $143.5 to $139 per sq.feet. The price per sq.feet has had a considerable increase of 1987 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $141.25 to $2,807 during May, and June.

Average price

Based upon to the price in Carmel (cities), this has gone downing the last 6 months. The average price for January is $626,277. During February the price had a considerable reduction till $465,797. In the following two months the average price has remained the same with regard to the previous two months from $546,037 to $520,407.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 122 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $545,684 they are 29 % more affordable than the average price for Carmel. The properties with the lowest average price have 2 bedrooms, Their price is 23 % cheaper than the average. After that we have properties with 1 bedroom priced at $384,902.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $133 / sq.feet, with an average $5,033 / sq.feet price in Carmel. The properties with the lowest average prices have 2 bedrooms. They are 97 % cheaper than the average followed by properties with 1 bedroom with a price at $133 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $545,684 it is 23 % cheaper than the average price in Carmel. "Office" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "House". At a price of $516,644 it is 2 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $119 / sq.feet followed by "Townhouse" priced at $131 / sq.feet. "House" is the cheapest type of property with a $146 / sq.feet value followed by "Apartment" with an average price of $137 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Carmel
Number of properties used in region Indiana
$545,684
$5,033
2,730
160,856
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Midtown Flats Studio Apartment For Rent At 591 Monon Blvd, Carmel, In 46032
 11
Midtown Flats Studio Apartment For Rent At 591 Monon Blvd, Carmel, In 46032
$1,059
Carmel, Indiana - For Rent - Apartment - 591 sq.feet - 1 bathroom
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Midtown Flats Studio Apartment For Rent At 591 Monon Blvd, Carmel, In 46032
 11
Midtown Flats Studio Apartment For Rent At 591 Monon Blvd, Carmel, In 46032
$1,079
Carmel, Indiana - For Rent - Apartment - 606 sq.feet - 1 bathroom
It’s not hard to find an apartment in carmel. What’s difficult is finding... Flats provides a luxurious living experience unlike any other in carmel. Just...
Midtown Flats Studio Apartment For Rent At 591 Monon Blvd, Carmel, In 46032
 11
Midtown Flats Studio Apartment For Rent At 591 Monon Blvd, Carmel, In 46032
$1,139
Carmel, Indiana - For Rent - Apartment - 607 sq.feet - 1 bathroom
It’s not hard to find an apartment in carmel. What’s difficult is finding... Flats provides a luxurious living experience unlike any other in carmel. Just...
Midtown Flats Studio Apartment For Rent At 591 Monon Blvd, Carmel, In 46032
 11
Midtown Flats Studio Apartment For Rent At 591 Monon Blvd, Carmel, In 46032
$1,139
Carmel, Indiana - For Rent - Apartment - 602 sq.feet - 1 bathroom
It’s not hard to find an apartment in carmel. What’s difficult is finding... Flats provides a luxurious living experience unlike any other in carmel. Just...
Midtown Flats Studio Apartment For Rent At 591 Monon Blvd, Carmel, In 46032
 11
Midtown Flats Studio Apartment For Rent At 591 Monon Blvd, Carmel, In 46032
$1,219
Carmel, Indiana - For Rent - Apartment - 696 sq.feet - 1 bathroom
It’s not hard to find an apartment in carmel. What’s difficult is finding... Flats provides a luxurious living experience unlike any other in carmel. Just...