Indianapolis

Housing & affordability in Carmel

ACS 2020–24 · four inputs · 18% of the overall score
B+
79/100
2nd of 23
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The four inputs
Median home value vs metro$486,800
Indianapolis $265,90040% · scores 83
Median rent vs metro$1,712/mo
Indianapolis $1,191/mo30% · scores 76
Ownership rate74%
Indianapolis 67%15% · scores 71
Households spending >30% of income on housing21%
Indianapolis 27%15% · scores 81
Context, not scored
Median year built · Indianapolis 19831998
Houses rather than flats · Indianapolis 75%76%
Households with children · Indianapolis 31%36%
Neither direction is better here, so none of it moves the grade. It is on the page because it changes what a place is like to live in.
Vertical rule marks the Indianapolis reference. ACS 2020–24. Every scale is on the methodology page.

Best Indianapolis suburbs for housing

All 23 ranked, Carmel highlighted
1ZionsvilleA$587,8002CarmelB+$486,8003WestfieldB$425,7004FishersB$391,0005WhitestownB−$373,5006McCordsvilleB−$345,4007BargersvilleB−$438,9008AvonC+$323,8009BrownsburgC+$309,40010NoblesvilleC+$349,70011DanvilleC$298,20012PlainfieldC$280,60013GreenwoodC−$276,10014FranklinD+$231,50015LawrenceD+$230,10016GreenfieldD$216,40017LebanonD$195,60018Indianapolis city (balance)D$224,80019SpeedwayD−$228,60020MartinsvilleF$163,40021ShelbyvilleF$174,70022Beech GroveF$182,60023AndersonF$119,000
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Better than Carmel on housing & affordability

Carmel grades B+ on housing & affordability. One suburb is within 25 miles and scores higher on the same four inputs.

SuburbHousingMedian home valueOwnership rateOverall
Zionsville9 mi from CarmelA$588k84% 69 B−
Median home value: ACS 2020–24 · Ownership rate: ACS 2020–24