Carmel city: Median Home Value Trend
How Carmel city's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$320,400
2023
$455,500
Total change
+$135,100
% change
+42.2%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $320,400 | — |
| 2019 | $333,200 | +$12,800 (4%) |
| 2020 | $352,400 | +$19,200 (5.8%) |
| 2021 | $372,100 | +$19,700 (5.6%) |
| 2022 | $425,900 | +$53,800 (14.5%) |
| 2023 | $455,500 | +$29,600 (6.9%) |