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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 $710,034.
In Carmel, IN, how many homes are available?
There are currently 86 active home listings available in Carmel.
What’s the average rental cost in Carmel, IN?
The average rental price in Carmel is $2,247.
What is the most expensive home in Carmel?
The most expensive home sold in Carmel had a price of $92,997,896.
What is currently the cheapest priced home in Carmel, IN?
The cheapest home for sale in Carmel is priced at $12,637.

Living in Carmel, IN

Carmel, IN is an award-winning suburban city known for its high-quality schools, vibrant cultural scene, and exceptional parks. Located just north of Indianapolis, it offers a dynamic mix of residential charm and urban convenience. With an array of dining options and community events, residents enjoy a thriving lifestyle both indoors and outdoors.

Current Market Conditions in Carmel, IN

Carmel's real estate market remains highly competitive, with a consistent increase in demand for single-family homes. The demographic shift towards family-oriented buyers has driven up home prices and spurred new construction, reflecting a robust market that appeals to various buyer profiles, from young professionals to retirees.

The average home price in Carmel has increased significantly compared to previous years, indicating a healthy investment for homeowners and investors alike. Real estate trends show that properties in top school districts and close to amenities are particularly in high demand.

Home Value Estimator For Carmel, IN

There are currently 33,083 real estate properties in Carmel, IN, with a median automated valuation model (AVM) price of $591,255.00. 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 $710,034.00, with the most expensive house in Carmel, IN, topping out at $92,997,896.00 and the cheapest home in Carmel, IN, clocking in at $12,637.00. 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 $2,247.00. 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 Foreclosures


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