Current Price

$526,742

1 Month Forecast

â–² $565,502

1-Year Forecast *

â–² $603,052

5-Year Forecast *

â–² $703,271

"Is it a good time to buy homes in Carmel?" "Does investing in real estate in Carmel (Indiana State, Hamilton County) worth it?" According to our live Forecast System, buying a house in Carmel is a good short-term (1-year) investment*. The Carmel average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Carmel" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Carmel in Indiana State, Hamilton County. If you are looking for homes for sale with good flipping profit, Carmel can be a profitable property investment option. The median price of an average house in Carmel was 526,742 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Carmel" area is 703,271 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +33.51% meaning that investing 100000 USD today may yield a profit of 33,513 USD by 2031.

Current Median Listing Price: 526,742 USD Median Listing Price Per Square Foot: 293 USD

Carmel Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Carmel (Indiana State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Carmel Price Target

Carmel median home price target in 12 months: $603,052* (upside of 14.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $556,366 $562,068 $556,366 $562,068
2024 $507,654 $526,742 $507,654 $526,742
2023 $486,755 $506,652 $486,755 $506,728
2022 $444,796 $486,450 $444,796 $490,112
2021 $382,886 $437,913 $382,886 $437,913
2020 $351,631 $378,046 $351,631 $378,046
2019 $338,240 $349,396 $338,240 $349,396
2018 $324,523 $337,337 $324,523 $337,337
2017 $315,645 $323,704 $315,645 $323,704
2016 $306,573 $314,527 $306,573 $314,527
2015 $297,281 $306,046 $297,281 $306,046
2014 $289,464 $296,845 $289,464 $296,845
2013 $270,223 $288,896 $270,223 $288,896
2012 $260,985 $269,505 $260,985 $269,505

Questions & Answers about the Carmel Housing Market Forecast

How much does an average home cost in Carmel today?

The value of an average home (the listing price) in Carmel is $526,742 USD.

What is the average price per square foot in Carmel?

According to Walletinvestor the median price per square foot in Carmel is 293 USD.

Will the median listing price of homes in Carmel grow / rise / go up?

Yes. The Carmel home prices may rise from 526,742 USD to 603,052 USD in one year.

Is it profitable to invest in Carmel homes?

Yes. The long-term profit potential is +14.49% in one year.

Will Carmel house prices fall / drop?

No. See above.

What is the predicted price of a Carmel home in 2030?

The predicted home sales price of a Carmel home in 2030 in Carmel is 668,227 USD.

What is the predicted price of a Carmel home in 2035?

The predicted home sales price of a Carmel home in 2035 in Carmel is 822,379 USD.

Will real estate prices decrease in Carmel?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Carmel is the 469. largest city in the United States, located in Indiana State.

During the last 12 months the real estate prices in Hamilton, Carmel decreased, looking at the past 12 months.

According to Walletinvestor's Carmel real estate market research, home values will increase in the next 12 months.

Median home values decreased by 5.806% to 526,742 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 13.307% in 2021
  • 13.847% in 2022
  • 14.337% in 2023
  • 16.057% in 2024
  • 13.207% in 2025
  • 15.817% in 2026

Based on our Carmel real estate market research and report the predicted sales prices will increase by 286.875% in the next 10 years.

Over the last 12 months, the value of homes in Carmel fluctuated: increasing 3 times and decreasing 1 times.

Carmel (Indiana) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Carmel Housing Market Forecast with Real Estate Prices for 2025
August 2025 565502 535531 595474
September 2025 568958 518889 619026
October 2025 572434 536371 608498
November 2025 575932 524098 627766
December 2025 579451 541787 617115
Carmel Housing Market Forecast with Real Estate Prices for 2026
January 2026 581408 538384 624432
February 2026 584961 529974 639947
March 2026 588535 550280 626790
April 2026 592131 544761 639502
May 2026 595749 545111 646388
June 2026 599389 558032 640747
July 2026 603052 560235 645869
August 2026 606737 565479 647995
September 2026 610444 552452 668436
October 2026 614174 565040 663308
November 2026 617927 585177 650677
December 2026 617866 578940 656791
Carmel Housing Market Forecast with Real Estate Prices for 2027
January 2027 615798 579466 652130
February 2027 613892 572762 655023
March 2027 613187 582528 643847
April 2027 614027 564905 663150
May 2027 614412 566488 662336
June 2027 615332 564260 666405
July 2027 616136 568693 663578
August 2027 618596 582099 655093
September 2027 622376 580677 664075
October 2027 626179 573580 678778
November 2027 630005 594095 665915
December 2027 633789 601465 666112
Carmel Housing Market Forecast with Real Estate Prices for 2028
January 2028 636284 595562 677006
February 2028 636904 573213 700594
March 2028 636718 585144 688292
April 2028 636808 575037 698578
May 2028 638068 587661 688475
June 2028 640864 594081 687647
July 2028 644780 609317 680243
August 2028 648720 592281 705158
September 2028 652231 615054 689408
October 2028 653861 607436 700285
November 2028 654126 617495 690757
December 2028 654625 612075 697176
Carmel Housing Market Forecast with Real Estate Prices for 2029
January 2029 655114 605326 704903
February 2029 656598 594878 718318
March 2029 658332 610932 705732
April 2029 660793 620485 701102
May 2029 664831 622282 707380
June 2029 667064 602359 731769
July 2029 668227 606082 730372
August 2029 668706 620559 716853
September 2029 668436 613624 723248
October 2029 668993 606777 731209
November 2029 671644 627315 715972
December 2029 675748 630473 721023
Carmel Housing Market Forecast with Real Estate Prices for 2030
January 2030 679877 635005 724749
February 2030 684031 646410 721653
March 2030 688211 632466 743956
April 2030 692416 638408 746425
May 2030 694755 632227 757282
June 2030 699000 640983 757017
July 2030 703271 645603 760939
August 2030 707568 665114 750022
September 2030 711892 649957 773826
October 2030 716241 657510 774973
November 2030 720618 682425 758811
December 2030 725021 686595 763447
Carmel Housing Market Forecast with Real Estate Prices for 2031
January 2031 729451 668907 789996
February 2031 733909 668591 799226
March 2031 738393 694828 781958
April 2031 738320 677778 798862
May 2031 735849 689490 782207
June 2031 733572 666083 801060
July 2031 732729 694627 770831
August 2031 733733 694112 773355
September 2031 734193 686470 781915
October 2031 735292 687498 783086
November 2031 736253 677352 795153
December 2031 739192 674883 803502
Carmel Housing Market Forecast with Real Estate Prices for 2032
January 2032 743709 671569 815849
February 2032 748253 693631 802876
March 2032 752825 698622 807029
April 2032 757347 711906 802787
May 2032 760329 698742 821916
June 2032 761069 709316 812822
July 2032 760847 695414 826280

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.