Carmel Is One of the Hottest ZIP Codes in Indiana—Here’s Why

Carmel, Indiana, has secured a place on the Realtor.com® 2025 Hottest ZIP Codes list, proving that this Indianapolis suburb is among the nation’s most competitive housing markets.

Each year, the rankings highlight communities where homes are selling faster than the U.S. average and drawing unusually high buyer interest.

In 2025, Carmel’s 46033 ZIP code made the cut, showcasing the demand for suburban communities that deliver space, schools, and lifestyle appeal.

Carmel homes are selling quickly

Carmel ranked No. 45 nationally, with homes selling in a median of 36 days from January through June 2025. That’s nearly three weeks faster than the U.S. median of 53 days. Its typical listing price was $574,000, making it one of the more expensive Midwestern ZIPs on the list. Yet demand remains strong, showing that buyers see lasting value in Carmel’s blend of suburban amenities and metro access…

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