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Commercial Foreclosures 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 $663,832.
What’s the average rental cost in Carmel, IN?
The average rental price in Carmel is $2,260.
What is the most expensive home in Carmel?
The most expensive home sold in Carmel had a price of $13,199,290.
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 attractive suburb with a thriving community, excellent schools, and a plethora of amenities. The city's commitment to art and culture, combined with beautiful parks and recreational activities, makes it a desirable area for families and individuals alike. Its accessibility to Indianapolis further enhances its appeal for real estate investment.

Current Market Conditions in Carmel, IN

The real estate market in Carmel is currently experiencing growth, with home values steadily increasing due to the area’s popularity among families and professionals. The demand for housing continues to outpace supply, leading to competitive offers and reduced days on market for new listings.

Investors can find diverse opportunities in Carmel, from single-family homes to upscale townhouses. As the city continues to develop and attract new residents, the potential for property value appreciation is promising, making it an attractive destination for real estate investment.

Home Value Estimator For Carmel, IN

There are currently 29,427 real estate properties in Carmel, IN, with a median automated valuation model (AVM) price of $569,561.00. 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 $663,832.00, with the most expensive house in Carmel, IN, topping out at $13,199,290.00 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 $2,260.00. 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 Commercial


Market Trend for Carmel, IN

Total Listings Available: 0

Market Values:

Home Prices from $24,974 to $13,199,290

Average Sales Price: $663,832

Rental Values:

Rental from $700 to $4,600

Average Rent Value: $2,260 / month

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