The story of this market
The typical home in ZIP 46033 sells for about $616,267, or $260 per square foot.
Prices are up +6.3% from a year ago, so sellers still have some momentum. Homes take about 70 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,786 a month.
ZIP 46033 — Carmel
The housing market in 46033 remains stable with strong demand and year-over-year price appreciation. Figures for population, income, and specific tax rates were not available at the ZIP level and are omitted. The market is driven by the area's reputation for high-quality schools and suburban lifestyle.
This ZIP is ideal for family buyers and professionals seeking high-quality schools, suburban amenities, and a stable, affluent community environment.
Median prices moved up 6.3% year over year.
Homes spend a median of 70 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.5% · poverty 2.0% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 46033, Hamilton County IN
Carmel schools are highly regarded, with the area served by the Carmel Clay School District, which consistently ranks among the top-performing districts in Indiana.
Carmel is a major economic hub in the Indianapolis metro area, featuring significant corporate headquarters and ongoing mixed-use development projects.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
Residents typically commute to the Indianapolis employment core via US-31 and I-465, with travel times varying based on traffic conditions.
The area features extensive park systems, including the Monon Trail, numerous golf courses, and proximity to the Carmel Arts & Design District.
The rental market is characterized by a median rent of $2,099, with distinct price tiers across apartments and single-family homes.
The local economy is anchored by a mix of corporate headquarters, healthcare, and professional services, benefiting from its proximity to Indianapolis.
The area is primarily car-dependent, with major highway access via US-31 and I-465 facilitating regional travel.
Ongoing development includes various mixed-use projects and infrastructure improvements aimed at enhancing connectivity and urban density.
Parcels in this ZIP are served by the Carmel Clay School District and various local utility and municipal service districts.
Data retrieved from data.census.gov; figures are estimates.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Slick City Action Park4.517.7 mi
- Dave & Buster's Indianapolis3.95.5 mi
- Smiley Ocean Themed Adventure Park4.35.3 mi
- Sky Zone Trampoline Park4.35.8 mi
- The Waterpark4.33.8 mi
- Gainbridge Fieldhouse4.715.9 mi
- Lucas Oil Stadium4.716.3 mi
- Indianapolis Zoo4.516 mi
- Indianapolis Motor Speedway4.815.5 mi
- Indiana Convention Center4.615.9 mi
- The Children's Museum of Indianapolis4.712.8 mi
- Conner Prairie4.62.9 mi
- Fort Harrison State Park4.78.9 mi
- Pinheads & Alley’s Alehouse4.64.1 mi
- Holliday Park4.89.1 mi
- The Children's Museum of Indianapolis4.712.8 mi
- Newfields4.712.4 mi
- Conner Prairie4.62.9 mi
- Indianapolis Motor Speedway Museum4.815.8 mi
- Indiana State Museum4.715.8 mi
- Droplight Grand Park Sports Campus4.66.3 mi
- Newfields4.712.4 mi
- Conner Prairie4.62.9 mi
- Fort Harrison State Park4.78.9 mi
- Holliday Park4.89.1 mi
- Morse Lake Marina4.37.8 mi
- White River Yacht Club4.67.3 mi
- Indianapolis Yacht Club4.68.8 mi
- SpeedWorx Marine - Docks & Lifts4.915.2 mi
- Topgolf Fishers4.54.6 mi
- Chatham Hills (The Club at Chatham Hills)4.67.2 mi
- Birdies Miniature Golf Course & Sports Bar4.35.2 mi
- Purgatory Golf Club4.510.8 mi
- Pebble Brook Golf Course & Grill4.34.4 mi
- Castleton Square4.25.5 mi
- The Fashion Mall at Keystone4.45.2 mi
- Meijer4.43.8 mi
- Hamilton Town Center4.68.1 mi
- Macy's4.35.4 mi
- Indianapolis International Airport4.621.7 mi
- Flights Craft Bar & Kitchen3.920.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major multi-use trail connecting Carmel to Indianapolis and surrounding areas.
A vibrant district featuring galleries, boutiques, and restaurants.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.