Carmel, IN Real Estate
According to census data in the year 2000 there were 14,168 housing units in Carmel.
This represents a 46.9% growth from 9,645 in 1990.
Of those housing units, 14,168 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Carmel is about 79%.
Carmel's vacancy rate, including seasonal lodging, is about 3.5%.
Average household size is 2.73 people.
The majority of houses, apartments or condos in Carmel were built after 1982.
|Housing Units by Size|
|Five Bedrooms or more||11.30%|
Owned Homes, Apartments and Condos
|Average Household Size||2.91|
|Median year structure was built||1985|
|Median Value of occupied units||$205,400|
|Median Price asked for vacant units||$217,600|
Rented Homes, Apartments and Condos
|Average Household Size||2.02|
|Median year structure was built||1976|
|Median Monthly Rent asked for vacant units||$758|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||15.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.1%|