Mitch's Weekly Market Report
Carmel, IN 46032
Single-Family Homes
Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673
Carmel, IN 46032
Wed Aug 05 2026
This week the median list price for Carmel, IN 46032 is $712,400 with the market action index hovering around 50. This is less than last month's market action index of 52. Inventory has increased to 66.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Real-Time Market Profile
| Median List Price | $712,400 | |
| Median Price of New Listings | $597,450 | |
| Per Square Foot | $230 | |
| Average Days on Market | 75 | |
| Median Days on Market | 42 | |
| Price Decreased | 56% | |
| Price Increased | 2% | |
| Relisted | 3% | |
| Inventory | 66 | |
| Median Rent | ||
| Market Action | 50 | |
| Strong Seller's Market | ||
We continue to see prices in this zip bounce around these current levels. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $1,995,000 | 7,366 | 1 - 2.5 acres | 5 | 5 | 21 | 1 | 1 | 70 |
| $854,000 | 3,771 | 0.25 - 0.5 acre | 4 | 3 | 26 | 2 | 1 | 31 |
| $599,000 | 2,496 | 0.25 - 0.5 acre | 4 | 2.5 | 38 | 3 | 6 | 28 |
| $442,450 | 2,111 | 0.25 - 0.5 acre | 3 | 2.5 | 35 | 2 | 6 | 38 |