Carmel, IN Real Estate Prices per Square Foot

Buy prices, rent prices, historical development and submitted values for Carmel, IN.

Average buy price
$195.00 / sqft

Typical residential purchase price per square foot.

Average rent
$1.69 / sqft / month

Monthly rent per square foot.

Median home price
$607,636

Estimated median residential sale price.

Median monthly rent
$2,100

Estimated median rent for the city.

Historical price development

Buy price development

Buy prices have increased by about 31.5% over the last 5 years.

Rent price development

Rent prices have increased by about 64.9% over the last 5 years.

Submitted values in Carmel

This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.

Date Type Property Price / sqft Size Total Area
2026-07-05 Rent townhouse $1.62 / sqft 2,100 sqft $3,402 Waterstone 46033
2026-07-02 Rent condo $1.70 / sqft 1,250 sqft $2,125 Gramercy 46032
2026-07-02 Rent luxury apartment $2.30 / sqft 1,100 sqft $2,530 Clay Terrace 46032
2026-07-01 Buy single-family home $192.00 / sqft 3,155 sqft $605,760 Springmill 46032
2026-07-01 Buy single-family home $214.00 / sqft 2,640 sqft $564,960 Brookshire 46032
2026-06-29 Buy townhouse $235.00 / sqft 1,765 sqft $414,775 Midtown 46032
2026-06-29 Buy single-family home $187.00 / sqft 3,420 sqft $639,540 Plum Creek 46033
2026-06-28 Rent single-family home $1.25 / sqft 2,310 sqft $2,888 Brookshire 46032
2026-06-28 Rent duplex $1.42 / sqft 1,450 sqft $2,059 Brookshire 46033
2026-06-27 Rent apartment $2.05 / sqft 650 sqft $1,333 Home Place 46280
2026-06-27 Rent apartment $1.96 / sqft 880 sqft $1,725 City Center 46032
2026-06-26 Rent townhouse $1.62 / sqft 1,840 sqft $2,981 Mohawk Crossing 46033
2026-06-26 Rent single-family home $1.34 / sqft 2,250 sqft $3,015 East Carmel 46033
2026-06-25 Rent townhouse $1.58 / sqft 1,700 sqft $2,686 West Carmel 46074
2026-06-22 Buy single-family home $221.00 / sqft 3,000 sqft $663,000 Smokey Row 46032
2026-06-20 Rent luxury apartment $2.48 / sqft 780 sqft $1,934 City Center 46032
2026-06-20 Buy condo $240.00 / sqft 1,250 sqft $300,000 Carmel City Center 46032
2026-06-19 Rent apartment $2.05 / sqft 720 sqft $1,476 North Meridian 46032
2026-06-17 Buy condo $206.00 / sqft 1,350 sqft $278,100 Keystone 46033
2026-06-15 Buy condo $255.00 / sqft 1,060 sqft $270,300 Arts & Design District 46032
2026-06-15 Rent luxury apartment $2.12 / sqft 1,180 sqft $2,502 Arts & Design District 46032
2026-06-13 Buy duplex $185.00 / sqft 2,100 sqft $388,500 East Carmel 46033
2026-06-12 Buy single-family home $210.00 / sqft 3,200 sqft $672,000 West Carmel 46074
2026-06-12 Buy townhouse $218.00 / sqft 1,600 sqft $348,800 Arts & Design District 46032
2026-06-11 Buy duplex $171.00 / sqft 2,280 sqft $389,880 Home Place 46280
2026-06-11 Buy condo $230.00 / sqft 1,050 sqft $241,500 City Center 46032
2026-06-10 Buy single-family home $202.00 / sqft 2,950 sqft $595,900 Cool Creek 46033
2026-06-09 Rent apartment $2.15 / sqft 530 sqft $1,140 Keystone 46033
2026-06-08 Rent townhouse $1.45 / sqft 2,120 sqft $3,074 Cherry Tree Grove 46033
2026-06-04 Buy townhouse $262.00 / sqft 1,865 sqft $488,630 Arts & Design District 46032
2026-06-03 Rent apartment $1.73 / sqft 1,015 sqft $1,756 Woodland Springs 46033
2026-05-31 Rent multi-family home $1.51 / sqft 1,585 sqft $2,393 Home Place 46280
2026-05-31 Buy townhouse $249.00 / sqft 2,075 sqft $516,675 City Center 46032
2026-05-31 Rent single-family home $1.29 / sqft 2,380 sqft $3,070 Foster Estates 46033
2026-05-31 Rent townhouse $1.68 / sqft 1,550 sqft $2,604 Cool Creek 46033
2026-05-29 Buy condo $218.00 / sqft 1,560 sqft $340,080 Old Meridian 46032
2026-05-29 Rent single-family home $1.18 / sqft 2,400 sqft $2,832 West Carmel 46074
2026-05-29 Buy single-family home $229.00 / sqft 3,750 sqft $858,750 Waterstone 46033
2026-05-28 Buy loft $255.00 / sqft 900 sqft $229,500 Downtown Carmel 46032
2026-05-28 Buy single-family home $265.00 / sqft 4,500 sqft $1,192,500 Village of WestClay 46074
2026-05-27 Buy multi-family home $178.00 / sqft 3,600 sqft $640,800 Home Place 46280
2026-05-25 Rent single-family home $1.45 / sqft 2,200 sqft $3,190 East Carmel 46033
2026-05-24 Buy single-family home $226.00 / sqft 3,780 sqft $854,280 Village of WestClay 46032
2026-05-24 Buy condo $215.00 / sqft 720 sqft $154,800 Home Place 46280
2026-05-23 Rent townhouse $1.50 / sqft 1,900 sqft $2,850 Smokey Row 46032
2026-05-23 Buy townhouse $226.00 / sqft 1,850 sqft $418,100 North Meridian 46032
2026-05-22 Rent condo $1.91 / sqft 1,280 sqft $2,445 Old Meridian 46032
2026-05-21 Rent single-family home $1.55 / sqft 2,400 sqft $3,720 Village of WestClay 46074
2026-05-20 Buy single-family home $199.00 / sqft 3,260 sqft $648,740 Cool Creek 46033
2026-05-20 Rent luxury apartment $2.42 / sqft 860 sqft $2,081 City Center 46032
2026-05-20 Rent townhouse $1.53 / sqft 1,690 sqft $2,586 Old Meridian 46032
2026-05-18 Rent apartment $2.22 / sqft 560 sqft $1,243 North Meridian 46032
2026-05-18 Buy single-family home $241.00 / sqft 4,100 sqft $988,100 West Carmel 46032
2026-05-18 Buy condo $224.00 / sqft 980 sqft $219,520 Clay Terrace 46032
2026-05-17 Buy townhouse $243.00 / sqft 1,605 sqft $390,015 Smokey Row 46032
2026-05-17 Rent apartment $2.48 / sqft 490 sqft $1,215 Arts & Design District 46032
2026-05-17 Rent condo $1.86 / sqft 950 sqft $1,767 Home Place 46280
2026-05-15 Rent luxury apartment $2.16 / sqft / month 920 sqft $1,987 City Center 46032
2026-05-14 Buy single-family home $178.00 / sqft 2,865 sqft $509,970 Cherry Tree Grove 46033
2026-05-14 Buy condo $246.00 / sqft 1,210 sqft $297,660 The Retreat 46032
2026-05-12 Buy loft $286.00 / sqft 875 sqft $250,250 City Center 46032
2026-05-12 Rent loft $2.35 / sqft 600 sqft $1,410 Downtown Carmel 46032
2026-05-10 Rent luxury apartment $2.08 / sqft 1,325 sqft $2,756 Midtown 46032
2026-05-09 Rent luxury apartment $2.37 / sqft 930 sqft $2,204 City Center 46032
2026-05-08 Rent loft $2.28 / sqft 775 sqft $1,767 Arts & Design District 46032
2026-05-07 Buy single-family home $271.00 / sqft 4,450 sqft $1,205,950 Village of WestClay 46032
2026-05-03 Buy single-family home $198.00 / sqft 2,600 sqft $514,800 Cool Creek 46033
2026-05-03 Buy single-family home $250.00 / sqft 4,100 sqft $1,025,000 Village of WestClay 46074
2026-05-01 Buy single-family home $224.00 / sqft 3,715 sqft $832,160 Springmill 46032
2026-05-01 Rent multi-family home $1.35 / sqft 2,000 sqft $2,700 Home Place 46280
2026-05-01 Buy single-family home $205.00 / sqft 2,400 sqft $492,000 Brookshire 46033
2026-04-29 Rent townhouse $1.58 / sqft 1,995 sqft $3,152 Smokey Row 46032
2026-04-29 Buy single-family home $206.00 / sqft 3,525 sqft $726,150 Clay Terrace 46032
2026-04-28 Rent condo $1.78 / sqft 1,125 sqft $2,003 The Retreat 46032
2026-04-26 Buy condo $231.00 / sqft 1,485 sqft $343,035 Woodland Springs 46033
2026-04-25 Buy multi-family home $158.00 / sqft 3,320 sqft $524,560 Home Place 46280
2026-04-23 Rent apartment $1.97 / sqft 1,180 sqft $2,325 Clay Terrace 46032
2026-04-23 Rent apartment $1.86 / sqft 945 sqft $1,758 Clay Terrace 46032
2026-04-17 Rent apartment $2.22 / sqft 650 sqft $1,443 Arts & Design District 46032
2026-04-17 Buy townhouse $236.00 / sqft 1,450 sqft $342,200 Gramercy 46032
2026-04-16 Buy single-family home $163.00 / sqft 2,385 sqft $388,755 East Carmel 46033
2026-04-13 Rent apartment $2.40 / sqft 450 sqft $1,080 Downtown Carmel 46032
2026-04-12 Buy luxury apartment $301.00 / sqft 980 sqft $294,980 Midtown 46032
2026-04-12 Rent condo $1.74 / sqft 1,020 sqft $1,775 West Carmel 46074
2026-04-12 Buy single-family home $242.00 / sqft 2,800 sqft $677,600 Williams Creek Farms 46032
2026-04-10 Rent luxury apartment $2.65 / sqft 735 sqft $1,948 Midtown 46032
2026-04-08 Rent apartment $2.11 / sqft 705 sqft $1,488 Midtown 46032
2026-04-08 Buy townhouse $232.00 / sqft 2,250 sqft $522,000 City Center 46032
2026-04-07 Rent condo $1.69 / sqft 1,375 sqft $2,324 Plum Creek 46033
2026-04-07 Rent duplex $1.42 / sqft 1,475 sqft $2,095 Home Place 46280
2026-04-06 Buy single-family home $185.00 / sqft 2,750 sqft $508,750 Home Place 46280
2026-02-20 Buy condo $238.00 / sqft 1,250 sqft $297,500 Home Place 46280
2025-10-08 Rent townhouse $1.49 / sqft / month 1,820 sqft $2,712 Arts & Design District 46032
2025-06-01 Rent luxury apartment $1.86 / sqft / month 1,000 sqft $1,860 Arts & Design District 46032
2025-04-29 Buy single-family home $226.00 / sqft 3,650 sqft $824,900 Springmill 46032
2024-09-13 Rent apartment $1.72 / sqft / month 870 sqft $1,496 Clay Terrace 46032
2024-07-26 Buy single-family home $202.00 / sqft 3,100 sqft $626,200 Waterstone 46033
2024-05-16 Buy townhouse $218.00 / sqft 1,960 sqft $427,280 Midtown 46032
2024-03-01 Rent condo $1.55 / sqft / month 1,150 sqft $1,783 Home Place 46280
2023-12-04 Rent single-family home $1.22 / sqft / month 2,600 sqft $3,172 East Carmel 46033
2023-11-13 Buy condo $184.00 / sqft 1,450 sqft $266,800 North Meridian 46032
2023-08-01 Rent townhouse $1.48 / sqft / month 1,800 sqft $2,664 Cool Creek 46033
2023-03-09 Buy single-family home $203.00 / sqft 2,860 sqft $580,580 Cool Creek 46033
2022-08-30 Rent luxury apartment $1.87 / sqft / month 980 sqft $1,833 City Center 46032
2022-08-20 Buy single-family home $190.00 / sqft 3,800 sqft $722,000 Village of WestClay 46074
2022-05-01 Rent apartment $1.62 / sqft / month 760 sqft $1,231 Carmel City Center 46032
2022-04-22 Buy single-family home $194.00 / sqft 3,300 sqft $640,200 Plum Creek 46033
2021-11-12 Rent townhouse $1.32 / sqft / month 1,740 sqft $2,297 Old Meridian 46032
2021-09-01 Rent single-family home $1.30 / sqft / month 2,200 sqft $2,860 Village of WestClay 46074
2021-06-08 Buy townhouse $181.00 / sqft 2,100 sqft $380,100 Arts & Design District 46032
2021-05-07 Buy condo $181.00 / sqft 1,420 sqft $257,020 Arts & Design District 46032
2020-10-27 Rent apartment $1.46 / sqft / month 735 sqft $1,073 Midtown 46032
2020-09-16 Buy single-family home $165.00 / sqft 2,600 sqft $429,000 Cool Creek 46033
2020-06-18 Buy single-family home $172.00 / sqft 4,100 sqft $705,200 Village of WestClay 46032
2020-02-01 Rent luxury apartment $1.46 / sqft / month 950 sqft $1,387 City Center 46032
2019-09-19 Rent condo $1.37 / sqft / month 1,150 sqft $1,576 The Retreat 46032
2019-04-05 Buy single-family home $164.00 / sqft 3,520 sqft $577,280 Clay Terrace 46032
2019-03-27 Buy condo $158.00 / sqft 1,300 sqft $205,400 Carmel City Center 46032
2018-12-11 Rent single-family home $1.03 / sqft / month 2,450 sqft $2,524 Foster Estates 46033
2018-10-01 Rent townhouse $1.22 / sqft / month 1,700 sqft $2,074 West Carmel 46074
2018-05-10 Buy townhouse $158.00 / sqft 1,880 sqft $297,040 City Center 46032
2017-08-04 Rent apartment $1.28 / sqft / month 810 sqft $1,037 Home Place 46280
2017-05-05 Buy single-family home $151.00 / sqft 3,400 sqft $513,400 West Carmel 46074
2017-04-01 Rent apartment $1.27 / sqft / month 820 sqft $1,041 Arts & Design District 46032
2017-03-15 Buy single-family home $152.00 / sqft 3,150 sqft $478,800 Cherry Tree Grove 46033
2016-10-18 Buy townhouse $143.00 / sqft 1,900 sqft $271,700 Gramercy 46032
2016-09-29 Rent townhouse $1.11 / sqft / month 1,650 sqft $1,832 Smokey Row 46032
2016-06-24 Buy condo $139.00 / sqft 1,320 sqft $183,480 Plum Creek 46033
2015-11-06 Rent luxury apartment $1.31 / sqft / month 900 sqft $1,179 Midtown 46032
2015-08-01 Rent condo $1.18 / sqft / month 1,050 sqft $1,239 Gramercy 46032
2015-07-31 Buy single-family home $139.00 / sqft 2,800 sqft $389,200 Williams Creek Farms 46032
2015-04-17 Buy single-family home $145.00 / sqft 3,820 sqft $553,900 Village of WestClay 46032
2014-07-21 Rent condo $1.09 / sqft / month 1,090 sqft $1,188 Old Meridian 46032
2014-06-01 Rent single-family home $1.11 / sqft / month 2,000 sqft $2,220 Waterstone 46033
2014-02-28 Buy single-family home $137.00 / sqft 2,980 sqft $408,260 West Carmel 46032
2013-12-02 Buy condo $128.00 / sqft 1,050 sqft $134,400 Home Place 46280
2013-10-10 Rent apartment $1.14 / sqft / month 770 sqft $878 City Center 46032
2013-05-31 Buy townhouse $128.00 / sqft 1,760 sqft $225,280 Arts & Design District 46032
2012-11-01 Rent apartment $1.08 / sqft / month 780 sqft $842 Clay Terrace 46032
2012-09-14 Rent single-family home $0.86 / sqft / month 2,200 sqft $1,892 Cool Creek 46033
2012-04-23 Buy single-family home $115.00 / sqft 2,760 sqft $317,400 East Carmel 46033
2012-04-14 Buy single-family home $121.00 / sqft 3,000 sqft $363,000 Waterstone 46033
2011-12-19 Rent duplex $0.88 / sqft / month 1,400 sqft $1,232 Home Place 46280
2011-07-01 Rent townhouse $1.04 / sqft / month 1,600 sqft $1,664 Smokey Row 46032
2011-06-09 Buy single-family home $126.00 / sqft 3,350 sqft $422,100 Springmill 46032
2010-08-07 Rent apartment $1.01 / sqft / month 860 sqft $869 Woodland Springs 46033
2010-06-25 Buy townhouse $112.00 / sqft 1,600 sqft $179,200 Smokey Row 46032
2010-03-18 Buy condo $104.00 / sqft 1,225 sqft $127,400 The Retreat 46032
2009-11-30 Rent townhouse $0.91 / sqft / month 1,560 sqft $1,420 Brookshire 46032
2009-09-09 Buy single-family home $105.00 / sqft 2,200 sqft $231,000 Brookshire 46033
2009-05-04 Buy single-family home $119.00 / sqft 2,450 sqft $291,550 Mohawk Crossing 46033
2009-04-01 Rent apartment $0.96 / sqft / month 650 sqft $624 Keystone 46033
2008-10-22 Rent condo $0.97 / sqft / month 1,180 sqft $1,145 Home Place 46280
2008-09-01 Rent condo $1.01 / sqft / month 1,100 sqft $1,111 Home Place 46280
2008-06-27 Buy single-family home $132.00 / sqft 3,100 sqft $409,200 Foster Estates 46033
2008-01-30 Buy condo $119.00 / sqft 1,200 sqft $142,800 Clay Terrace 46032
2007-12-03 Rent apartment $1.02 / sqft / month 740 sqft $755 Clay Terrace 46032
2007-04-13 Buy townhouse $139.00 / sqft 1,900 sqft $264,100 Old Meridian 46032
2006-12-01 Rent single-family home $0.94 / sqft / month 2,100 sqft $1,974 Cool Creek 46033
2006-09-08 Rent single-family home $0.78 / sqft / month 2,550 sqft $1,989 Plum Creek 46033
2006-08-15 Buy single-family home $128.00 / sqft 3,600 sqft $460,800 Village of WestClay 46074
2006-05-19 Buy single-family home $151.00 / sqft 4,200 sqft $634,200 Village of WestClay 46032
2005-10-16 Rent luxury apartment $1.08 / sqft / month 820 sqft $886 City Center 46032
2005-06-02 Buy single-family home $142.00 / sqft 3,600 sqft $511,200 Cherry Tree Grove 46033
2005-05-21 Buy townhouse $122.00 / sqft 1,700 sqft $207,400 City Center 46032
2004-11-03 Buy single-family home $116.00 / sqft 2,600 sqft $301,600 East Carmel 46033
2004-08-20 Rent townhouse $0.86 / sqft / month 1,680 sqft $1,445 Arts & Design District 46032
2004-05-01 Rent luxury apartment $1.02 / sqft / month 900 sqft $918 Carmel City Center 46032
2004-03-26 Buy condo $124.00 / sqft 1,340 sqft $166,160 The Retreat 46032
2003-11-05 Rent apartment $0.92 / sqft / month 910 sqft $837 North Meridian 46032
2003-07-11 Buy single-family home $134.00 / sqft 2,780 sqft $372,520 Cool Creek 46033
2003-02-12 Buy condo $105.00 / sqft 980 sqft $102,900 Keystone 46033
2002-10-01 Rent townhouse $0.90 / sqft / month 1,500 sqft $1,350 West Carmel 46074
2002-09-27 Rent condo $0.90 / sqft / month 1,050 sqft $945 City Center 46032
2002-04-18 Buy townhouse $118.00 / sqft 1,720 sqft $202,960 Old Meridian 46032
2001-12-12 Rent single-family home $0.68 / sqft / month 2,350 sqft $1,598 Brookshire 46032
2001-07-17 Buy single-family home $98.00 / sqft 3,200 sqft $313,600 North Meridian 46032
2001-05-22 Buy single-family home $128.00 / sqft 3,950 sqft $505,600 Village of WestClay 46032
2001-03-01 Rent apartment $0.88 / sqft / month 760 sqft $669 Arts & Design District 46032
2000-10-09 Rent apartment $0.83 / sqft / month 760 sqft $631 Woodland Springs 46033
2000-06-15 Buy single-family home $121.00 / sqft 3,200 sqft $387,200 Smokey Row 46032
2000-04-28 Buy townhouse $93.00 / sqft 1,500 sqft $139,500 Arts & Design District 46032
1999-08-24 Rent townhouse $0.72 / sqft / month 1,550 sqft $1,116 Mohawk Crossing 46033
1999-06-01 Rent condo $0.82 / sqft / month 950 sqft $779 City Center 46032
1999-02-19 Buy condo $96.00 / sqft 1,260 sqft $120,960 Plum Creek 46033
1998-11-02 Rent apartment $0.77 / sqft / month 640 sqft $493 North Meridian 46032
1998-09-24 Buy single-family home $89.00 / sqft 2,800 sqft $249,200 Cool Creek 46033
1998-08-01 Rent single-family home $0.78 / sqft / month 1,800 sqft $1,404 East Carmel 46033
1998-05-08 Buy single-family home $113.00 / sqft 3,420 sqft $386,460 Foster Grove 46032
1997-09-17 Rent condo $0.73 / sqft / month 980 sqft $715 The Retreat 46032
1997-06-11 Buy condo $82.00 / sqft 1,100 sqft $90,200 Home Place 46280
1997-04-30 Buy single-family home $107.00 / sqft 2,850 sqft $304,950 West Carmel 46032
1996-12-06 Rent single-family home $0.55 / sqft / month 2,100 sqft $1,155 Foster Estates 46033
1996-07-25 Buy townhouse $94.00 / sqft 1,580 sqft $148,520 Arts & Design District 46032
1996-02-01 Rent apartment $0.74 / sqft / month 820 sqft $607 North Meridian 46032
1995-10-14 Rent apartment $0.69 / sqft / month 880 sqft $607 Home Place 46280
1995-10-06 Buy single-family home $81.00 / sqft 2,400 sqft $194,400 West Carmel 46074
1995-03-07 Buy single-family home $88.00 / sqft 2,280 sqft $200,640 Cool Creek 46033
1994-11-01 Rent townhouse $0.70 / sqft / month 1,350 sqft $945 Brookshire 46033
1994-08-29 Rent townhouse $0.64 / sqft / month 1,450 sqft $928 Old Meridian 46032
1994-05-12 Buy single-family home $101.00 / sqft 3,100 sqft $313,100 Springmill 46032
1994-03-19 Buy townhouse $72.50 / sqft 1,250 sqft $90,625 Downtown Carmel 46032
1993-11-18 Rent duplex $0.58 / sqft / month 1,320 sqft $766 East Carmel 46033
1993-06-21 Buy condo $78.00 / sqft 1,120 sqft $87,360 Home Place 46280
1993-04-01 Rent duplex $0.68 / sqft / month 1,200 sqft $816 Home Place 46280
1992-09-03 Rent apartment $0.61 / sqft / month 720 sqft $439 Woodland Springs 46033
1992-08-22 Buy single-family home $78.00 / sqft 1,900 sqft $148,200 Brookshire 46033
1992-04-16 Buy single-family home $92.00 / sqft 2,650 sqft $243,800 Brookshire 46032
1991-09-01 Rent apartment $0.63 / sqft / month 700 sqft $441 Downtown Carmel 46032
1991-05-14 Buy condo $70.00 / sqft 950 sqft $66,500 Home Place 46032

Housing market overview for Carmel, IN

The real estate market in Carmel, IN can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $195.00 / sqft and an average rent of $1.69 / sqft / month.

Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.

The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.

Frequently asked questions

What is the average home price per square foot in Carmel?

The average residential buy price in Carmel, IN is $195.00 / sqft based on the current values available on this page.

How much is rent per square foot in Carmel?

The average rental price in Carmel, IN is $1.69 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.

Are property prices in Carmel increasing?

Buy prices have increased by about 31.5% over the last 5 years. Rent prices have increased by about 64.9% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.