Area data
Carmel, IN — ZIP 46032
Population: 51,515 (Census ACS)
Home values & appreciation
- Median home value
- $590,272
- 1-year appreciation
- +5.2%
- 3-year appreciation
- +12.1%
- 5-year appreciation
- +32.9%
- 10-year appreciation
- +80.3%
- All-time peak (2026-07)
- $590,272
- House Price Index
- 367.2 (+2.9% YoY)
Market activity
- Median sale price
- $437,500
- Median list price
- $462,450
- Median days on market
- 12 days
- Sale-to-list ratio
- 100.0%
- Active listings
- 7
- 1-year forecast
- +1.8%
- Days to pending
- 28 days
- New listings (monthly)
- 75
Rents
- Typical rent
- $1,732/mo
- 1-year rent change
- +5.0%
- 1BR fair-market rent
- $1,750/mo
- 3BR fair-market rent
- $2,640/mo
Affordability
- Cost of living index (Below Average)
- 90.5 (100 = US avg)
- Electricity rate (state-level)
- 16.2¢/kWh
- Natural gas rate (state-level)
- $11.50/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 11
- Elementary schools
- 6
- Middle schools
- 2
- High schools
- 3
- Charter schools
- 2
Natural hazards & flood risk
- Overall hazard risk
- Relatively Moderate
- Top hazards
- lightning, tornado, winterWeather, coldWave, hail
- FEMA flood zone
- X
- Flood risk level
- Minimal
Climate (30-year normals)
- Average annual temperature
- 55.0°F
- Average high
- 64.0°F
- Average low
- 46.0°F
- Annual precipitation
- 39.2 in
- Annual snowfall
- 11.7 in
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 46
- Days with Good air quality
- 220
- Days with Unhealthy air quality
- 2
Walkability & transit
- Walkability index
- 10.7 / 20
- Transit service frequency
- -99,999
Amenities
- Nearest airport
- Wilderness Field (4 mi)
- Nearest major airport
- Indianapolis International Airport (IND) (18 mi)
- Hospitals nearby (~15 mi)
- 3
- Avg hospital rating
- 3.5 / 5
- EV charging stations (within 10 mi)
- 116
- Solar radiation rating
- Fair (4.0 kWh/m²/day)
Migration
- Net migration
- +1,696 tax filers
Housing stock
- Median year housing built
- 1,999
- Median annual property tax
- $4,142
- Mean commute to work
- 17 min
- Households with broadband internet
- 87.4%
Employment & development
- Total county employment
- 145,609
- Average weekly wage
- $1,320
- Top industries (by employment)
- Health Care, Accommodation & Food, Finance & Insurance
- Annual residential building permits (county)
- 2,887
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →