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CARMEL, IN 46033

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 46033

Brentwood Village · Bridlewood · Oak Park · Prairie View (subdivision) · Sandybrook · Setters Run · Shadybrook · Spring Creek (subdivision) · Spring Meadows · Taylor Trace · Village Park Estates · Woodfield (subdivision)

Market Analysis

Data as of February 2026. Source: Realtor.com.

The CARMEL, IN real estate market (46033) currently shows 80 active listings, with 36 pending sales. Homes are averaging 43 days on the market before going under contract.

Inventory has increased compared to last year, with 32 more homes available — giving buyers more choice.

Homes are selling faster, averaging 43 days on market compared to 55 days last year.

The median listing price has fallen 5.7% year-over-year, from $562,000 to $529,925.

Whether you are buying or selling in CARMEL, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 39,859  ·  Density: 883.1/mi²  ·  Median household income: $147,998

Typical home value: $431,051  ·  Homeownership: 86.0%

Market Overview

Active Listings
80
⇧ 66.7% vs 48 last year
Pending
36
45% pending ratio
Median Price
$529,925
⇩ 5.7% vs $562,000 last year
Average Price
$568,094
⇩ 6.3% vs $606,570 last year
Days on Market
43
⇩ 21.8% vs 55 days last year

Price Per Square Foot

Median $/sqft
$196
⇧ 9.5% vs $179/sqft last year
Median Home Size
2,555 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 80 this year vs 48 last year
  • Days on market: 43 now vs 55 last year

Median & Average Pricing

Year over Year
  • Median: $529,925 (-5.7% YoY)
  • Average: $568,094 (-6.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.8 miles — 1,033 listings ($541,886,945 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46033Carmel, IN 460330.0 mi73$44,468,388$534,950$609,156
46038Fishers, IN 460383.7 mi96$37,825,728$360,000$394,018
46290Indianapolis, IN 462905.2 mi5$3,658,700$549,900$731,740
46240Indianapolis, IN 462405.4 mi42$25,082,148$395,000$597,194
46074Westfield, IN 460746.0 mi205$146,930,265$527,475$716,733
46260Indianapolis, IN 462607.5 mi64$32,620,352$300,000$509,693
46220Indianapolis, IN 462207.8 mi90$37,804,590$349,900$420,051
46216Indianapolis, IN 462168.9 mi10$3,450,610$385,000$345,061
46226Indianapolis, IN 462269.9 mi116$30,181,576$212,700$260,186
46077Zionsville, IN 4607710.5 mi80$110,531,360$889,848$1,381,642
46034Cicero, IN 4603410.8 mi20$14,252,500$569,450$712,625
46235Indianapolis, IN 4623511.4 mi104$26,131,352$249,700$251,263
46208Indianapolis, IN 4620811.8 mi128$28,949,376$199,450$226,167

Frequently Asked Questions

How many homes are for sale in CARMEL, IN 46033?

As of February 2026, there are 80 active listings in CARMEL, IN (zip code 46033), compared to 48 the prior year.

What is the median home price in CARMEL, IN 46033?

The median listing price in CARMEL, IN 46033 is $529,925 as of February 2026, a 5.7% decrease from $562,000 the prior year.

How long do homes stay on the market in CARMEL, IN?

Homes in CARMEL, IN 46033 spend an average of 43 days on the market before going under contract, compared to 55 days the prior year.

Is it a seller's or buyer's market in CARMEL, IN 46033?

Based on current inventory and days-on-market data as of February 2026, CARMEL, IN 46033 is currently a Balanced Market. Inventory has increased compared to last year, with 32 more homes available — giving buyers more choice. Homes are selling faster, averaging 43 days on market compared to 55 days last year.

How much can I save on real estate commission in CARMEL, IN?

With SELL123.com's maximum 3% commission, sellers in CARMEL, IN 46033 save an estimated $10,599 compared to a typical 5% commission on the median listing price of $529,925. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.