Carmel (City), Indiana - Trend of Zillow Home Value Index (ZHVI) for All Homes - Top Tier (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Top Tier Zillow home value index (ZHVI) for All Homes in Carmel (City), Indiana in February 2026 was $867,302.454. The month over month percentage change (MoM) was 0.35%, and the year over year percentage change (YoY) was 4.68%.

The chart below shows the trend of the top tier ZHVI for all homes in Carmel (City), IN. The table below shows the trend of the top tier ZHVI, and the MoM and YoY percentage changes for all homes in Carmel (City), IN.

You can see similar information for other Indiana cities, and for Indiana.

Note: The Top Tier Zillow Home Value Index (ZHVI) for all Homes 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 65th to 95th percentile range.

Data Source: Zillow.
Carmel (City), IN - Trend of Zillow Home Value Index (ZHVI) for All Homes - Top Tier ($)
Carmel (City), IN - Trend of Zillow Home Value Index (ZHVI) for All Homes - Top Tier
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 493834.1052635074 0.10 1.88
Feb 2015 495213.53584660596 0.28 2.02
Mar 2015 497305.0477524836 0.42 2.32
Apr 2015 499066.167254756 0.35 2.43
May 2015 500458.8490405565 0.28 2.42
Jun 2015 501055.7211990026 0.12 2.19
Jul 2015 501031.38850585493 0.00 1.95
Aug 2015 500921.8723279957 -0.02 1.81
Sep 2015 500973.35757085524 0.01 1.60
Oct 2015 501584.7580234888 0.12 1.63
Nov 2015 501947.9341518814 0.07 1.66
Dec 2015 502112.2138417028 0.03 1.78
Jan 2016 502156.6637297014 0.01 1.69
Feb 2016 501813.5367741248 -0.07 1.33
Mar 2016 501566.7900953809 -0.05 0.86
Apr 2016 502049.37794947677 0.10 0.60
May 2016 503054.0847758408 0.20 0.52
Jun 2016 503988.26803711336 0.19 0.59
Jul 2016 504194.43774971925 0.04 0.63
Aug 2016 503948.42699755897 -0.05 0.60
Sep 2016 503402.2766522625 -0.11 0.49
Oct 2016 503481.9351368726 0.02 0.38
Nov 2016 504473.4020468116 0.20 0.50
Dec 2016 506538.4386836447 0.41 0.88
Jan 2017 507889.63852369966 0.27 1.14
Feb 2017 508941.35243281163 0.21 1.42
Mar 2017 509535.8455112041 0.12 1.59
Apr 2017 511341.37559376453 0.35 1.85
May 2017 513098.93904262834 0.34 2.00
Jun 2017 514690.82255108625 0.31 2.12
Jul 2017 515035.21303266165 0.07 2.15
Aug 2017 515054.122976016 0.00 2.20
Sep 2017 515050.74956112663 0.00 2.31
Oct 2017 515160.4110400364 0.02 2.32
Nov 2017 515143.675865897 0.00 2.12
Dec 2017 515250.8834417234 0.02 1.72
Jan 2018 516142.1902775259 0.17 1.63
Feb 2018 517451.63701047073 0.25 1.67
Mar 2018 519552.0583537454 0.41 1.97
Apr 2018 521491.97992965026 0.37 1.99
May 2018 523776.2317823151 0.44 2.08
Jun 2018 525701.3571358103 0.37 2.14
Jul 2018 527950.7530066941 0.43 2.51
Aug 2018 529898.7224475475 0.37 2.88
Sep 2018 531390.1084188465 0.28 3.17
Oct 2018 532182.4113310748 0.15 3.30
Nov 2018 533142.7517548366 0.18 3.49
Dec 2018 533981.9036777035 0.16 3.64
Jan 2019 534968.9314303505 0.19 3.65
Feb 2019 535937.8451120445 0.18 3.57
Mar 2019 537127.528569877 0.22 3.38
Apr 2019 538343.6111975986 0.23 3.23
May 2019 539016.8963057296 0.13 2.91
Jun 2019 539961.9268361501 0.18 2.71
Jul 2019 540888.5910585923 0.17 2.45
Aug 2019 542195.9342175693 0.24 2.32
Sep 2019 543615.0738570077 0.26 2.30
Oct 2019 545262.9604767332 0.30 2.46
Nov 2019 547268.574013356 0.37 2.65
Dec 2019 549601.529124067 0.43 2.93
Jan 2020 552060.89755314 0.45 3.20
Feb 2020 554274.1390051069 0.40 3.42
Mar 2020 556604.7512596793 0.42 3.63
Apr 2020 558852.9792881716 0.40 3.81
May 2020 560376.3463262107 0.27 3.96
Jun 2020 560954.2822449398 0.10 3.89
Jul 2020 561481.3286477835 0.09 3.81
Aug 2020 563446.821957966 0.35 3.92
Sep 2020 567743.274921728 0.76 4.44
Oct 2020 573837.731464302 1.07 5.24
Nov 2020 581486.5934052113 1.33 6.25
Dec 2020 589079.9050315577 1.31 7.18
Jan 2021 596608.3463832652 1.28 8.07
Feb 2021 603956.9342682597 1.23 8.96
Mar 2021 612575.505860982 1.43 10.06
Apr 2021 622752.0376064404 1.66 11.43
May 2021 634796.7659515621 1.93 13.28
Jun 2021 645831.245964779 1.74 15.13
Jul 2021 654479.5072254855 1.34 16.56
Aug 2021 659582.6298307184 0.78 17.06
Sep 2021 663610.0119113197 0.61 16.89
Oct 2021 669772.389020234 0.93 16.72
Nov 2021 678253.2884936946 1.27 16.64
Dec 2021 688370.7526220336 1.49 16.86
Jan 2022 698230.3230801743 1.43 17.03
Feb 2022 709996.5981891691 1.69 17.56
Mar 2022 723143.5933167548 1.85 18.05
Apr 2022 737805.78094798 2.03 18.48
May 2022 751381.7336341463 1.84 18.37
Jun 2022 762713.9804767593 1.51 18.10
Jul 2022 768334.0014577295 0.74 17.40
Aug 2022 768866.5397267697 0.07 16.57
Sep 2022 765329.6116326349 -0.46 15.33
Oct 2022 762648.2104082244 -0.35 13.87
Nov 2022 761130.1474843781 -0.20 12.22
Dec 2022 762055.084187871 0.12 10.70
Jan 2023 762628.5868825446 0.08 9.22
Feb 2023 764156.6590673599 0.20 7.63
Mar 2023 764771.1368262604 0.08 5.76
Apr 2023 767851.68941998 0.40 4.07
May 2023 772211.8331887121 0.57 2.77
Jun 2023 778325.6541436914 0.79 2.05
Jul 2023 783611.4555754751 0.68 1.99
Aug 2023 787118.672501349 0.45 2.37
Sep 2023 789389.2617897679 0.29 3.14
Oct 2023 787580.5489092112 -0.23 3.27
Nov 2023 785131.9458619123 -0.31 3.15
Dec 2023 783743.0320000142 -0.18 2.85
Jan 2024 786113.3868156201 0.30 3.08
Feb 2024 790527.593939942 0.56 3.45
Mar 2024 796477.246761016 0.75 4.15
Apr 2024 803051.5344930151 0.83 4.58
May 2024 808404.1442720345 0.67 4.69
Jun 2024 811221.5731986343 0.35 4.23
Jul 2024 812302.9845930928 0.13 3.66
Aug 2024 813758.3110531158 0.18 3.38
Sep 2024 815215.3347333189 0.18 3.27
Oct 2024 818203.4495461473 0.37 3.89
Nov 2024 820867.4583062651 0.33 4.55
Dec 2024 823690.8464460177 0.34 5.10
Jan 2025 826270.6876985157 0.31 5.11
Feb 2025 828508.2617115192 0.27 4.80
Mar 2025 830607.3398084586 0.25 4.29
Apr 2025 832249.6706789244 0.20 3.64
May 2025 833214.5868622767 0.12 3.07
Jun 2025 834553.8983568493 0.16 2.88
Jul 2025 837368.403415403 0.34 3.09
Aug 2025 841126.3415144989 0.45 3.36
Sep 2025 845950.5332050063 0.57 3.77
Oct 2025 850857.1451833043 0.58 3.99
Nov 2025 856270.2777156401 0.64 4.31
Dec 2025 860673.7122257897 0.51 4.49
Jan 2026 864277.9130038526 0.42 4.60
Feb 2026 867302.4538754708 0.35 4.68