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Homes for Sale Under 400K in Carmel, IN

77 Homes for Sale

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Carmel, IN Housing Market Overview

Carmel is moving fast, and is a seller's market. Just 0.7 months of supply and 42 days on the market mean less competition for buyers and more leverage for you.

Status

Seller's Market

Days on Market

42

Inventory

77

Aug 2021May 2024Jul 2026

Median Home Price

$625,000Down 11.41%

In Jul 2026 · YoY

Aug 2021May 2024Jul 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
77 Down 8.31%
Newly Listed Homes
144 Down 15.29%
Months of Supply
0.7 Down 32.54%

Housing Demand

Homes Sold
420 Up 35.92%
Sale-to-List Ratio
100.3% Up 0.72%
Homes Sold Above List
39.7% Up 2.99%

30-yr fixed rate 6.23% · Data as of Jul 2026 · Source: Houzeo Research.

View Full Carmel Market Report
  • mls-img
    Based on information from MIBOR REALTOR® Association through Sep 25, 2026, 12:16 AM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.
  • mls-img
    Based on information provided by the Northwest Indiana REALTORS® Association, Inc. Multiple Listing Service through Sep 25, 2026, 12:16 AM as submitted to and distributed by MLS GRID. Information Deemed Reliable But Not Guaranteed. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. © 2026 Northwest Indiana REALTORS® Association, Inc. Multiple Listing Service. All rights reserved.
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Carmel, IN Housing Marketlink qauare
Homes Available icon

77

Homes Available

Median List Price icon

$ 625,000

Median List Price

Avg on Market icon

42 Days

Avg on Market

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