Compare: Touchstone Village/Elm Lane vs Carmel

Home Values in Touchstone Village/Elm Lane and Carmel

Touchstone Village/Elm Lane

Carmel

Zillow Home Value Index

$231,500

$245,200

1-Year Change

+7.0%

+6.4%

Median List Price

$219,700

$265,000

Median Sale Price

$155,000

$211,000

Total Homes Sold in Mar

13 homes

12 homes

Touchstone Village/Elm Lane, Charlotte tends to be less expensive for home buyers than Carmel, Charlotte. During the last year, Touchstone Village/Elm Lane home values have risen by 7.0%, while Carmel home values have risen by 6.4%. The median sale price in Touchstone Village/Elm Lane is $155,000, but the median listing price was $219,700, a 29.4% discount. Meanwhile in Carmel, the median selling price is $211,000, and the starting price had a median of $265,000, a 20.4% discount. In March, Touchstone Village/Elm Lane home sellers managed to move 13 houses, while Carmel saw 12 transactions.

Demographics in Touchstone Village/Elm Lane and Carmel

Touchstone Village/Elm Lane

Carmel

Population

2,227

6,603

Median Household Income

$52,418

$64,509

Median Age

Homes with Kids

27.9%

25.1%

Average Household Size

2.3

2.4

Average Commute Time (Minutes)

At $64,509, the median income in Carmel is $12,091 more than in Touchstone Village/Elm Lane, and $19,997 higher than the national average. Touchstone Village/Elm Lane has a younger median age, at 33, compared to 37 in Carmel, and a longer average commute. The average commute in Carmel is 26 minutes and the average commute in Touchstone Village/Elm Lane is 28 minutes.