1. States
  2. /Indiana
  3. /Hamilton County
  4. /Carmel

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Showing latest year with year-over-year changes. Full permit history available with a paid plan. View plans →

Year

Insightsi

Construction activity in 2024 was up 29.9% from the prior year, with 1,291 housing units permitted.

  • •871% more units than the average Hamilton County town (133), suggesting faster-than-typical growth.
  • •Average unit valued at $317K, similar to the Hamilton County average of $303K.
  • •73% of new units were multi-family (apartments, condos, duplexes).

Total Unitsi

1,291 ▲ 29.9%

2024

Total Valuei

$409.7M ▲ 8.6%

2024

Single-Familyi

27%

349 units

Multi-Familyi

73%

942 units

Carmel vs. Avg. Hamilton Co. Town (2024)i

CarmelAvg.Diff
Total Unitsi1,291133+871%
Total Valuei$409.7M$40.4M+915%
Single-Familyi34982+326%
Multi-Familyi94251+1747%
Buildingsi36986+329%
Value / Uniti$317K$303K+5%

Housing Units Permittedi

Solid line is Carmel; dashed line is Hamilton County average.

Construction Valuei

Solid line is Carmel; dashed line is Hamilton County average.

Census BPS