Real Estate Price Maphome prices by county

46280 — Carmel, IN home prices

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

ZIP 46280 is flat, a premium-priced area.

Momentum+0.8%Flat
Vs typical+48%Premium
Rental yield6.6%Moderate yield

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

2003: $141,231 → today: $346,489 (2.5×)

Typical home value
$346,489
Zillow ZHVI
Since 2003
+145%
Rank in IN
#69
of 698 ZIPs
Median rent
$1,900/mo
6.6% gross yield

Market read

At $346,489, ZIP 46280 in Carmel is 48% above the typical IN ZIP ($234,890), ranking #69 of 698.

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

Home value history

Zillow ZHVI, yearly.

Other ZIPs in Carmel

46033 · 46032

Frequently asked questions

What is the average home value in ZIP code 46280?
The typical home in ZIP 46280 (Carmel, IN) is worth $346,489 — 48% above the typical IN ZIP ($234,890).
How have home prices in 46280 changed since 2003?
Home values in ZIP 46280 are +145% versus 2003.
What is the rental yield in ZIP 46280?
Median rent is $1,900/mo, about a 6.6% gross yield.
What county is ZIP 46280 in?
ZIP 46280 is in Hamilton County.
ZIP 46280 home value by year
YearZIP 46280 home value
2003$141,231
2004$144,600
2005$145,205
2006$151,293
2007$152,031
2008$151,497
2009$147,910
2010$144,834
2011$142,820
2012$144,244
2013$150,761
2014$156,967
2015$165,631
2016$174,450
2017$187,136
2018$200,327
2019$210,601
2020$232,161
2021$264,956
2022$298,304
2023$315,404
2024$327,783
2025$343,838
2026$346,489