- 3 bd
- 4 ba
- 2,248 sqft

The average Carmel, IN home value is $575,492, up 4.5% over the past year, and homes go to pending in around 10 days. (Updated on )
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.
Typical Home Values: $575,492
1-Year Value Change: +4.5%
(Data through September 30, 2026)
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
The median home value in Carmel, IN is $575,492 as of September 2026. This represents a 0.6% increase compared to last month and a 4.5% increase year-over-year.
Home values in Carmel, IN have increased by 0.6% month-over-month and 4.5% year-over-year.
The median home value in Carmel, IN ($575,492) compares to: Hamilton County ($466,276), Indiana ($257,165), and the U.S. national median ($366,157).