Zip Code: 46280 (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 46280 Zip Code (Carmel, Indiana) in February 2026 was $330,047.852. The month over month percentage change (MoM) was 0.18%, and the year over year percentage change (YoY) was 3.81%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 46280 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 46280 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: 46280 - Zillow House Inventory Topic List

Data Source: Zillow.

Zip Code: 46280 (Carmel, Indiana) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)

Zip Code: 46280 (Carmel, Indiana) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted

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Month	ZHVI ($)	MoM Perc. Change (%)	YoY Perc. Change (%)
Jan 2015	150491.27805356888	0.23	3.93
Feb 2015	150860.2903245648	0.25	3.91
Mar 2015	151243.6431951715	0.25	3.92
Apr 2015	151780.59355195495	0.36	3.90
May 2015	152584.1576532848	0.53	3.79
Jun 2015	153453.79496158563	0.57	3.74
Jul 2015	154129.6064205414	0.44	3.70
Aug 2015	154910.80783286507	0.51	3.96
Sep 2015	155710.07523386003	0.52	4.29
Oct 2015	156604.95913369677	0.57	4.68
Nov 2015	157397.23252268578	0.51	5.01
Dec 2015	158437.7983380886	0.66	5.52
Jan 2016	159472.67630553272	0.65	5.97
Feb 2016	160298.17497494133	0.52	6.26
Mar 2016	160727.4179762397	0.27	6.27
Apr 2016	161461.80526351035	0.46	6.38
May 2016	162306.23260141214	0.52	6.37
Jun 2016	163383.38106065648	0.66	6.47
Jul 2016	164103.02523344095	0.44	6.47
Aug 2016	164741.16486303098	0.39	6.35
Sep 2016	165162.41523669608	0.26	6.07
Oct 2016	165636.2379803293	0.29	5.77
Nov 2016	166233.59784325864	0.36	5.61
Dec 2016	166873.16491086897	0.39	5.32
Jan 2017	167402.2714281811	0.32	4.97
Feb 2017	167892.0072236663	0.29	4.74
Mar 2017	168766.58967660123	0.52	5.00
Apr 2017	170033.7448503845	0.75	5.31
May 2017	171494.24360361494	0.86	5.66
Jun 2017	172899.32216819984	0.82	5.82
Jul 2017	174179.27746579796	0.74	6.14
Aug 2017	175544.38639231995	0.78	6.56
Sep 2017	176665.0129975524	0.64	6.96
Oct 2017	177495.05707884417	0.47	7.16
Nov 2017	178218.1986819311	0.41	7.21
Dec 2017	179008.84911110208	0.44	7.27
Jan 2018	179964.65762359288	0.53	7.50
Feb 2018	181017.82267071097	0.59	7.82
Mar 2018	182367.3863821854	0.75	8.06
Apr 2018	183899.36363840266	0.84	8.15
May 2018	185406.16385546268	0.82	8.11
Jun 2018	186664.52336729318	0.68	7.96
Jul 2018	187965.44299560608	0.70	7.92
Aug 2018	189033.6577105033	0.57	7.68
Sep 2018	189910.41499545754	0.46	7.50
Oct 2018	190462.47808146031	0.29	7.31
Nov 2018	191062.51836283132	0.32	7.21
Dec 2018	191626.81217051446	0.30	7.05
Jan 2019	192325.56791448148	0.37	6.87
Feb 2019	193033.15986028747	0.37	6.64
Mar 2019	193997.79911234582	0.50	6.38
Apr 2019	194929.16831182782	0.48	6.00
May 2019	195780.11954134473	0.44	5.60
Jun 2019	196695.85096703467	0.47	5.37
Jul 2019	197498.87642761366	0.41	5.07
Aug 2019	198328.42806421625	0.42	4.92
Sep 2019	198860.5172531537	0.27	4.71
Oct 2019	199549.07789136423	0.35	4.77
Nov 2019	200356.68975475177	0.41	4.86
Dec 2019	201454.35539647887	0.55	5.13
Jan 2020	202542.13157375646	0.54	5.31
Feb 2020	203829.2929024593	0.64	5.59
Mar 2020	205365.48136573823	0.75	5.86
Apr 2020	207093.19933947513	0.84	6.24
May 2020	208390.69627726535	0.63	6.44
Jun 2020	209398.73393183007	0.48	6.46
Jul 2020	210438.14147124082	0.50	6.55
Aug 2020	211897.8861826288	0.69	6.84
Sep 2020	214024.62399741294	1.00	7.63
Oct 2020	216507.33375514403	1.16	8.50
Nov 2020	219365.04768111664	1.32	9.49
Dec 2020	222077.9528057461	1.24	10.24
Jan 2021	224767.15236350184	1.21	10.97
Feb 2021	227622.5488230652	1.27	11.67
Mar 2021	231191.60147457116	1.57	12.58
Apr 2021	235266.52304621963	1.76	13.60
May 2021	239736.3207242991	1.90	15.04
Jun 2021	243706.5422343413	1.66	16.38
Jul 2021	246210.1968933587	1.03	17.00
Aug 2021	247029.45992169436	0.33	16.58
Sep 2021	246597.9347022325	-0.17	15.22
Oct 2021	247485.68019291203	0.36	14.31
Nov 2021	249685.7031826376	0.89	13.82
Dec 2021	253448.36307036798	1.51	14.13
Jan 2022	258281.80277165165	1.91	14.91
Feb 2022	263968.94627640984	2.20	15.97
Mar 2022	269739.5231709391	2.19	16.67
Apr 2022	274703.9069534436	1.84	16.76
May 2022	278516.8178245204	1.39	16.18
Jun 2022	281408.5245047148	1.04	15.47
Jul 2022	282886.49161555845	0.53	14.90
Aug 2022	283159.09368941485	0.10	14.63
Sep 2022	282902.197547045	-0.09	14.72
Oct 2022	283141.43219279597	0.09	14.41
Nov 2022	284107.5467605452	0.34	13.79
Dec 2022	285348.4604765976	0.44	12.59
Jan 2023	285791.0103357849	0.16	10.65
Feb 2023	286166.3585506286	0.13	8.41
Mar 2023	286780.39715489204	0.22	6.32
Apr 2023	288289.26708827034	0.53	4.95
May 2023	290642.7048196758	0.82	4.35
Jun 2023	293038.353428385	0.82	4.13
Jul 2023	295516.6788382263	0.85	4.47
Aug 2023	297182.19379253563	0.56	4.95
Sep 2023	298759.07006524486	0.53	5.61
Oct 2023	299619.07597582875	0.29	5.82
Nov 2023	300840.8307581748	0.41	5.89
Dec 2023	301705.6966200959	0.29	5.73
Jan 2024	303210.3769523904	0.50	6.10
Feb 2024	304744.508625551	0.51	6.49
Mar 2024	307250.9087295179	0.82	7.14
Apr 2024	309752.9898501837	0.81	7.45
May 2024	311321.9623187051	0.51	7.12
Jun 2024	311383.0056614227	0.02	6.26
Jul 2024	310844.5223457751	-0.17	5.19
Aug 2024	310515.44670751045	-0.11	4.49
Sep 2024	310653.9058932934	0.05	3.98
Oct 2024	311079.1173911914	0.14	3.83
Nov 2024	311961.0651587243	0.28	3.70
Dec 2024	313547.1200802703	0.51	3.93
Jan 2025	315692.24128760403	0.68	4.12
Feb 2025	317949.89071968186	0.72	4.33
Mar 2025	319232.2208164437	0.40	3.90
Apr 2025	319618.08538515377	0.12	3.19
May 2025	319752.12032559916	0.04	2.71
Jun 2025	320446.901786425	0.22	2.91
Jul 2025	322152.75931668654	0.53	3.64
Aug 2025	323995.0697246946	0.57	4.34
Sep 2025	325971.7018965573	0.61	4.93
Oct 2025	327472.0367083627	0.46	5.27
Nov 2025	328418.8078471233	0.29	5.28
Dec 2025	328904.61651558295	0.15	4.90
Jan 2026	329465.37349986396	0.17	4.36
Feb 2026	330047.8519421222	0.18	3.81