All Countries
Carmel, IN
Full City Profile · Indiana · Marion County County
3.9
/5.0
B+
Good
100,501
Population
2,047/sq mi density
$134,602
Median Income
$71,546 per capita
$455,500
Home Value
$555,487 Zillow
$1,607
Median Rent
25.8% income on rent
55°F
Avg Temperature
271 sunny days/yr
31
Violent Crime/100K
846 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$134,602 median income, 1.9% unemployment
A+
Affordability
4.8 / 5.0
$455,500 home value, $1,607/mo rent
F
Safety
1.0 / 5.0
31 violent crimes/100K
A+
Education
5.0 / 5.0
74.5% bachelor's degree or higher
Housing Overview
Median Home Value
$455,500
62% above
US avg: $281,900
Median Rent
$1,607/mo
38% above
US avg: $1,163/mo
Homeownership Rate
74.6%
14% above US avg (65.4%)
Total Housing Units
40,084
Median year built: 1996
Home Value by Source
Census Median
$455,500
Zillow (ZHVI)
$555,487
Median Sale Price
$495,000
Median List Price
$519,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
74.6%
Owner-Occupied
25.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$1,607/mo
· Zillow rent:
$1,780/mo
Market Indicators (Redfin)
Median Days on Market
48 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
61
Price Drops
36.9%
of listings with price reduction
Price Per Sq Ft
$191
Active Inventory
130
homes for sale
Affordability & Housing Stock
Rent Burden
25.8%
of renters spending 30%+ of income on housing
17% below US avg (31.0%)
Median Year Built
1996
Average age of housing stock: 30 years
Homeownership Rate
74.6%
Complete Housing Data
Home Values
| Census Median Value | $455,500 |
| Zillow Home Value (ZHVI) | $555,487 |
| Median Sale Price | $495,000 |
| Median List Price | $519,000 |
| Price Per Sq Ft | $191 |
Rent
| Census Median Rent | $1,607 |
| Zillow Rent (ZORI) | $1,780 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 48 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 36.9% |
| Homes Sold | 61 |
| Active Inventory | 130 |
| Price Per Sq Ft | $191 |
Ownership & Stock
| Owner-Occupied | 74.6% |
| Renter-Occupied | 25.4% |
| Homeownership Rate | 74.6% |
| Total Housing Units | 40,084 |
| Median Year Built | 1996 |
| Rent Burden | 25.8% |