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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 6.60% |
| Two Bedrooms | 15.90% |
| Three Bedrooms | 22% |
| Four Bedrooms | 43.40% |
| 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
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 10.10% |
| Home Equity Loan | 15.50% |
| Simple Mortgage | 57.50% |
| Debt Free | 16.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.1% |
