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What’s being built in Carmel

New homes permitted every month.

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New homes permitted

1,016 new homes were permitted in Carmel in the 12 months through August 2026, 45% more than the 12 months before.

  • 245single-family homes
  • 771homes in duplexes, townhome and apartment buildings
  • $626Kaverage construction cost per single-family home
  • $298Mtotal permitted construction value
New homes permitted each month
  1. 22Sep 24
  2. 23Oct 24
  3. 15Nov 24
  4. 378Dec 24
  5. 16Jan 25
  6. 46Feb 25
  7. 40Mar 25
  8. 39Apr 25
  9. 81May 25
  10. 15Jun 25
  11. 10Jul 25
  12. 15Aug 25
  13. 102Sep 25
  14. 122Oct 25
  15. 16Nov 25
  16. 12Dec 25
  17. 170Jan 26
  18. 14Feb 26
  19. 115Mar 26
  20. 359Apr 26
  21. 39May 26
  22. 36Jun 26
  23. 15Jul 26
  24. 16Aug 26

Single-family Multifamily

Month-by-month numbers
MonthHomesSingle-family2–4 units5+ unitsValue
August 2026161600$14.1M
July 2026151005$16.3M
June 2026368424$12.8M
May 20263912027$25.9M
April 2026359110348$64.6M
March 202611551064$22.0M
February 2026141400$18.5M
January 202617000170$35.0M
December 2025121200$5.3M
November 2025161105$10.6M
October 202512290113$27.3M
September 202510291011$45.0M
August 2025151500$5.5M
July 2025101000$16.6M
June 2025151500$18.6M
May 2025818100$21.5M
April 2025393900$21.3M
March 20254018022$9.8M
February 20254622024$19.1M
January 2025161600$16.0M
December 2024378110367$66.6M
November 2024151500$5.3M
October 2024232300$8.1M
September 2024222200$12.1M

Source: U.S. Census Bureau, Building Permits Survey, new privately owned housing units authorized from September 2024 to August 2026. New months are added as the Census posts them, about six weeks after the month ends. Census permits data ↗

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How many new homes are being built in Carmel?

Carmel permitted 1,016 new homes in the 12 months through August 2026: 245 single-family homes and 771 homes in duplexes, townhome and apartment buildings, according to the U.S. Census Bureau’s Building Permits Survey.

Where do the monthly numbers come from?

From the U.S. Census Bureau’s Building Permits Survey, which counts new privately owned housing units authorized by local permit offices each month. It does not include remodels, additions or commercial buildings, and a permit is not a finished home.

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