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Auctions in Carmel, IN

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Carmel, IN Foreclosures

How much do homes sell for in Carmel, IN?
The average home price is currently $676,920.
In Carmel, IN, how many homes are available?
There are currently 85 active home listings available in Carmel.
What’s the average rental cost in Carmel, IN?
The average rental price in Carmel is $2,261.
What is the most expensive home in Carmel?
The most expensive home sold in Carmel had a price of $13,560,688.
What is currently the cheapest priced home in Carmel, IN?
The cheapest home for sale in Carmel is priced at $24,974.

Living in Carmel, IN

Carmel, IN is an upscale suburb of Indianapolis known for its beautiful neighborhoods, flourishing arts scene, and excellent schools. The city offers a unique mixture of suburban living with urban excitement. Residents enjoy various parks, shopping, dining, and cultural activities, making it one of the most sought-after communities in Indiana.

Current Market Conditions in Carmel, IN

Currently, the real estate market in Carmel exhibits a strong seller's market trend, with home prices increasing approximately 8% over the past year. The demand for homes remains high due to the area's excellent schools and community amenities, attracting families and professionals alike.

New listings are entering the market, but they are quickly snapped up due to the low inventory levels. Many properties receive multiple offers, underscoring the competitive nature of the Carmel real estate market.

Home Value Estimator For Carmel, IN

There are currently 29,401 real estate properties in Carmel, IN, with a median automated valuation model (AVM) price of $584,851.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Carmel, IN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Carmel, IN, is $676,920.00, with the most expensive house in Carmel, IN, topping out at $13,560,688.00 and the cheapest home in Carmel, IN, clocking in at $24,974.00. In other words, there’s something for every potential homebuyer or savvy investor in Carmel, IN!

Rent Prices In Carmel, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Carmel, IN, is on a rollercoaster ride. The average rent price in Carmel, IN, is $2,261.00. Indeed, when looking to rent in Carmel, IN, you can expect to pay as little as $700.00 or as much as $4,600.00, with the average rent median estimated to be $2,200.00. The good news is that finding an affordable and desirable property to rent in Carmel, IN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Carmel, IN Auctions

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