Zip Code: 46033 (Carmel, Indiana) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the 46033 Zip Code (Carmel, Indiana) in February 2026 was $570,478.179. The month over month percentage change (MoM) was 0.28%, and the year over year percentage change (YoY) was 4.06%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 46033 zip code (Carmel, Indiana). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 46033 zip code (Carmel, Indiana).

You can see similar information for other Indiana zip codes, and for Indiana.

Note: Zillow Home Value Index (ZHVI) is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.

Related Topics: Zip Code: 46033 - Zillow House Inventory Topic List

Data Source: Zillow.

Zip Code: 46033 (Carmel, Indiana) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)

Zip Code: 46033 (Carmel, Indiana) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted

1 – 10 of 134

Month	ZHVI ($)	MoM Perc. Change (%)	YoY Perc. Change (%)
Jan 2015	308604.2444489764	0.11	2.45
Feb 2015	309450.3964922692	0.27	2.66
Mar 2015	310525.7889006297	0.35	2.99
Apr 2015	311783.9588930004	0.41	3.12
May 2015	312790.64048064017	0.32	2.97
Jun 2015	313531.2606585412	0.24	2.69
Jul 2015	314176.08565825305	0.21	2.54
Aug 2015	314801.83329831157	0.20	2.54
Sep 2015	315363.22581025213	0.18	2.52
Oct 2015	316037.7706543812	0.21	2.65
Nov 2015	316599.46655972203	0.18	2.77
Dec 2015	317318.1245443358	0.23	2.93
Jan 2016	317755.1284739683	0.14	2.97
Feb 2016	317962.5251261987	0.07	2.75
Mar 2016	317890.6190144971	-0.02	2.37
Apr 2016	318404.82828405587	0.16	2.12
May 2016	319351.6173379433	0.30	2.10
Jun 2016	320474.480807756	0.35	2.22
Jul 2016	321334.0439049497	0.27	2.28
Aug 2016	322020.57350768213	0.21	2.29
Sep 2016	322632.8146996765	0.19	2.31
Oct 2016	323459.5547245689	0.26	2.35
Nov 2016	324716.23979814263	0.39	2.56
Dec 2016	326404.1781511305	0.52	2.86
Jan 2017	327623.5628549923	0.37	3.11
Feb 2017	328564.13370596396	0.29	3.33
Mar 2017	329372.10669387755	0.25	3.61
Apr 2017	330930.8341605612	0.47	3.93
May 2017	332496.30134901305	0.47	4.12
Jun 2017	333922.4810583571	0.43	4.20
Jul 2017	334644.74515894335	0.22	4.14
Aug 2017	335269.5109790985	0.19	4.11
Sep 2017	335816.8202677123	0.16	4.09
Oct 2017	336381.17995664803	0.17	4.00
Nov 2017	336657.91629568004	0.08	3.68
Dec 2017	336960.19902809325	0.09	3.23
Jan 2018	337694.6993471189	0.22	3.07
Feb 2018	338878.8175975945	0.35	3.14
Mar 2018	340522.6393757449	0.49	3.39
Apr 2018	342000.95119644824	0.43	3.35
May 2018	343610.56772928126	0.47	3.34
Jun 2018	344970.97306511685	0.40	3.31
Jul 2018	346510.5284872512	0.45	3.55
Aug 2018	347818.40747634694	0.38	3.74
Sep 2018	348726.996163538	0.26	3.84
Oct 2018	349349.6456709784	0.18	3.86
Nov 2018	350007.30673325976	0.19	3.97
Dec 2018	350816.0041243566	0.23	4.11
Jan 2019	351841.8641501698	0.29	4.19
Feb 2019	353147.3944980081	0.37	4.21
Mar 2019	354483.4469746463	0.38	4.10
Apr 2019	355606.88554272574	0.32	3.98
May 2019	356049.8658752974	0.13	3.62
Jun 2019	356481.75479840796	0.12	3.34
Jul 2019	356639.0714013479	0.04	2.92
Aug 2019	357055.538356398	0.12	2.66
Sep 2019	357739.15039016376	0.19	2.58
Oct 2019	358922.7071433344	0.33	2.74
Nov 2019	360562.1721376044	0.46	3.02
Dec 2019	362466.25020564557	0.53	3.32
Jan 2020	364900.1288362535	0.67	3.71
Feb 2020	367207.5947002533	0.63	3.98
Mar 2020	369559.7501495465	0.64	4.25
Apr 2020	371621.0613527132	0.56	4.50
May 2020	372806.202982577	0.32	4.71
Jun 2020	373282.4520000101	0.13	4.71
Jul 2020	373526.5983551522	0.07	4.74
Aug 2020	374986.9861733362	0.39	5.02
Sep 2020	377879.21152797464	0.77	5.63
Oct 2020	382015.3286426142	1.10	6.43
Nov 2020	387148.3010936831	1.34	7.37
Dec 2020	392495.27413501876	1.38	8.29
Jan 2021	397542.93135871383	1.29	8.95
Feb 2021	402809.4178033879	1.33	9.70
Mar 2021	408825.2597702495	1.49	10.63
Apr 2021	415402.02992171893	1.61	11.78
May 2021	422794.37795616663	1.78	13.41
Jun 2021	429597.2867231792	1.61	15.09
Jul 2021	434739.23313970695	1.20	16.39
Aug 2021	436973.36137088476	0.51	16.53
Sep 2021	437754.22443976667	0.18	15.85
Oct 2021	440542.0567426851	0.64	15.32
Nov 2021	445595.2441844831	1.15	15.10
Dec 2021	452239.5507628229	1.49	15.22
Jan 2022	459399.77782638726	1.58	15.56
Feb 2022	468005.10846792714	1.87	16.18
Mar 2022	477838.5074877004	2.10	16.88
Apr 2022	488017.60415792867	2.13	17.48
May 2022	497012.5947599806	1.84	17.55
Jun 2022	503894.0601804989	1.39	17.30
Jul 2022	507033.7760198582	0.62	16.63
Aug 2022	506786.180813958	-0.05	15.98
Sep 2022	504517.91409363085	-0.45	15.25
Oct 2022	503108.17751163244	-0.28	14.20
Nov 2022	502777.0769996373	-0.07	12.83
Dec 2022	503663.2666028682	0.18	11.37
Jan 2023	504114.122072822	0.09	9.73
Feb 2023	504878.55244356906	0.15	7.88
Mar 2023	505545.8171756186	0.13	5.80
Apr 2023	507178.97221348196	0.32	3.93
May 2023	509844.6030907536	0.53	2.58
Jun 2023	513471.545038433	0.71	1.90
Jul 2023	517371.3381488931	0.76	2.04
Aug 2023	520155.50394460716	0.54	2.64
Sep 2023	521986.4751048272	0.35	3.46
Oct 2023	522538.57995059894	0.11	3.86
Nov 2023	522531.00053813885	0.00	3.93
Dec 2023	522643.4795602501	0.02	3.77
Jan 2024	523485.19365272304	0.16	3.84
Feb 2024	525741.7466778577	0.43	4.13
Mar 2024	529320.1838182486	0.68	4.70
Apr 2024	533411.5303772286	0.77	5.17
May 2024	536450.8954917564	0.57	5.22
Jun 2024	538076.3003312605	0.30	4.79
Jul 2024	538502.276024189	0.08	4.08
Aug 2024	538926.154156628	0.08	3.61
Sep 2024	539280.6490845733	0.07	3.31
Oct 2024	540456.59131466	0.22	3.43
Nov 2024	542024.0437719765	0.29	3.73
Dec 2024	544194.711391017	0.40	4.12
Jan 2025	546302.0709994275	0.39	4.36
Feb 2025	548245.5383564644	0.36	4.28
Mar 2025	549282.7152529297	0.19	3.77
Apr 2025	549646.4048255564	0.07	3.04
May 2025	549308.2554686022	-0.06	2.40
Jun 2025	549556.56775433	0.05	2.13
Jul 2025	551677.3218196385	0.39	2.45
Aug 2025	555000.2910282192	0.60	2.98
Sep 2025	559111.4337319311	0.74	3.68
Oct 2025	562582.9089347348	0.62	4.09
Nov 2025	565317.3062154587	0.49	4.30
Dec 2025	567452.3374447686	0.38	4.27
Jan 2026	568881.403406696	0.25	4.13
Feb 2026	570478.1789118777	0.28	4.06