Median home value: $548K (+4.2% YoY). Rent: $1,756/mo. Price-to-rent: 26.0x. Part of Indianapolis-Carmel-Anderson, IN.

Limited Data

Basic Zillow data only. For stress scores, AI analysis, and trends, Indianapolis-Carmel-Anderson, IN metro page.

Home Value$547,770

+4.2%

Rent$1,756/mo

AFFORDABILITY

Enter your income for Carmel.

Income (annual)

Down Payment

$109,554 on $547,770

Out of reach — 50.4% of income

Need $134,957/yr to afford.

PITI$3,149

P/I50.4%

Afford$304K

Gap-$243K

P&I $2,627Tax $388Ins $133

Renting $1,393/mo cheaper ($1,756 rent)6.00% 30yr, 20% down, county tax + IN ins. 28% per HUD.

CARMEL, IN