Mitch's Weekly Market Report
Carmel, IN 46033
Condos/Townhomes
ToHelpUMove Inc.| Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673
Carmel, IN 46033
Thu Apr 24 2025
This week the median list price for Carmel, IN 46033 is $450,000 with the market action index hovering around 18. This is less than last month's market action index of 30. Inventory has held steady at or around 3.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.
Real-Time Market Profile
| Median List Price | $450,000 | |
| Median Price of New Listings | $490,000 | |
| Per Square Foot | $218 | |
| Average Days on Market | 7 | |
| Median Days on Market | 7 | |
| Price Decreased | 33% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 3 | |
| Median Rent | ||
| Market Action | 18 | |
| Slight Buyer's Advantage | ||
In the last few weeks we’ve seen prices in this zip code bouncing 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 |
|---|---|---|---|---|---|---|---|---|
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| $490,000 | 2,245 | 4,500 - 6,500 sqft | 3 | 2.5 | 5 | 1 | 0 | 0 |
| $450,000 | 1,962 | 0 - 4,500 sqft | 3 | 3.5 | 5 | 0 | 0 | 14 |
| $415,000 | 2,308 | 0 - 4,500 sqft | 3 | 3.5 | 7 | 0 | 0 | 7 |