Real Estate Price Maphome prices by county

46032 — Carmel, IN home prices

Data as of · by the Real Estate Price Map data team · methodology & sources

ZIP 46032 is flat, a premium-priced area.

Momentum+1.0%Flat
Vs typical+150%Premium
Rental yield3.7%Low yield

Real Estate Price Map scores, derived from the data on this page · how we calculate them

2003: $264,229 → today: $587,138 (2.2×)

Typical home value
$587,138
Zillow ZHVI
Since 2003
+122%
Rank in IN
#4
of 698 ZIPs
Median rent
$1,788/mo
3.7% gross yield

Market read

At $587,138, ZIP 46032 in Carmel is 150% above the typical IN ZIP ($234,890), ranking #4 of 698.

It sits in Hamilton County — see full county data →.

Home value history

Zillow ZHVI, yearly.

Other ZIPs in Carmel

46033 · 46280

Frequently asked questions

What is the average home value in ZIP code 46032?
The typical home in ZIP 46032 (Carmel, IN) is worth $587,138 — 150% above the typical IN ZIP ($234,890).
How have home prices in 46032 changed since 2003?
Home values in ZIP 46032 are +122% versus 2003.
What is the rental yield in ZIP 46032?
Median rent is $1,788/mo, about a 3.7% gross yield.
What county is ZIP 46032 in?
ZIP 46032 is in Hamilton County.
ZIP 46032 home value by year
YearZIP 46032 home value
2003$264,229
2004$272,847
2005$280,891
2006$284,695
2007$288,742
2008$285,160
2009$277,360
2010$277,224
2011$273,712
2012$283,856
2013$302,663
2014$311,228
2015$323,870
2016$334,302
2017$343,223
2018$359,094
2019$372,383
2020$402,792
2021$464,100
2022$513,043
2023$535,706
2024$557,174
2025$581,494
2026$587,138