The Unshakable Investor

Unshakable ZIP Data 46032 | Carmel, IN Housing Market

Carmel · Hamilton County · Indianapolis-Carmel-Anderson, IN metro · Indiana · Data updated June 19, 2026

The median sale price in ZIP 46032, Carmel, Indiana is $574,829 at $220 per square foot. 213 single-family homes sold in the latest period, up 4.0 percent from a year earlier. Homes sit a median of 16 days on market with 1.5 months of supply. Sellers are getting 99.4 percent of list price and 28.5 percent of homes sold above asking.

Seller's market. No room for sloppy offers.

Value anchors

MetricValueYear over year
Average single-family value$627,728
Average price per sq ft$240
Median sale price$574,829
Median sale price per sq ft$220
Median home size2,616 sq ft
Median new listing price$644,491+12.1%
National size rank904

Sales activity

MetricValueYear over year
Homes sold213+4.0%
Median days on market16 days
Months of supply1.5 months
New listings245-7.7%
Active listings330-0.2%
Pending sales252+4.7%

Pricing power

MetricValueYear over year
Average sale-to-list ratio99.4%-0.3 pts
Share sold above list28.5%-8.6 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$346,515
3-bedroom
$469,327
4-bedroom
$631,193
5-bedroom
$1,113,505

These figures describe the single-family market for Carmel, Indiana ZIP 46032. They are market context, not a substitute for sold comps or a formal appraisal.