Carmel, IN 46033 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Carmel, IN — 46033
Market Hotness
95
Hotness Rank
#257
Hotness Score
95
Supply Score
94
Demand Score
97
DOM vs US
-26.5%
Faster
Price vs US
139%
Above avg
Median Listing Price
$598K
Population
40,881
Households
144,746
Median Days on Market
27
Active Listings
58
New Listings
80
Housing Market
Pricing
Median Listing Price
$598K
+3.0% YoY
Average Listing Price
$700K
+9.8% YoY
Price per Sq Ft
$197
+11.9% YoY
Median Sq Ft
2,915
-12.4% YoY
Inventory
Active Listings
58
-0.9% YoY
New Listings
80
+29.0% YoY
Total Listings
133
+2.3% YoY
Buyer Competition
Pending Listings
75
+5.6% YoY
Pending Ratio
1.29
+7.9% YoY
Median Days on Market
27
-11.7% YoY
Price Reduced
17.8%
-5.6% YoY
FY2026 Fair Market Rent — Hamilton County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,118
/month
1 BR
$1,267
/month
2 BR
$1,473
/month
3 BR
$1,907
/month
4 BR
$2,338
/month
FMR Trends — Hamilton County
Source: HUD Fair Market Rents
Demand Fundamentals
Median Age
38.4
2024
Population
ZIP Population
40,881
+1.8% YoY
Hamilton County Population
379,704
+1.9% YoY
Households
Total Housing Units
144,746
+3.1% YoY
Age
2024 Age Mix
365K
residents
Under 18
92,736
25.4%
Adults 18–64
221,647
60.7%
65 & Over
50,673
13.9%
Age Composition Over Time
2017–2024
Population Under 18
92,736
+0.3% YoY
Population 65 & Over
50,673
+5.6% YoY
Median Age
38.40
+1.1% YoY
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