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Carmel, IN Real Estate

Carmel is a city in Hamilton County, Indiana with a population of about 100,501. The median home value is near $455,500, and median rent runs around $1,607/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$455,500
Median Rent
$1,607/mo
Population
100,501
Median Income
$134,602
Median Age
40.5
Homeownership
74.6%

Monthly payment on a median Carmel home

Example for a $455,500 home: 20% down, 30-yr at ~6.75%, IN property tax ~0.76%, 0.4% insurance.

Est. monthly (PITI)
$2,804
Principal & interest
$2,363
Property tax / mo
$288
Down payment (20%)
$91,100

Carmel at a glance

  • 42.5% of residents 25+ hold a bachelor's degree or higher.
  • 74.6% of occupied homes are owner-occupied.
  • Median household income is $134,602.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

Other Indiana cities

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