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Carmel neighborhood · Hamilton County

Cherry Creek Estates

Cherry Creek Estates is priced close to the Carmel median, with a median sale price of $700K. Homes here move fast: the median home went under contract in 5 days, and at least half sold at or above asking price. Recent sales feature basements in most homes.

By median sale price, Cherry Creek Estates ranks 66 of the 108 Carmel neighborhoods in this guide, in the middle of the range for the area. At about $162 per square foot, against a typical $185 across Carmel neighborhoods, homes here deliver more space for the money.

Market snapshot

Cherry Creek Estates by the numbers.

$700K
Median sale price
$531K–$958K
Price range
$162
Median price per sq ft
5 days
Median days on market
100%
Median sale-to-list
13
Sales in this period

5 of 13 recent sales here were $750K or more.

Based on information from the Broker Listing Cooperative® (BLC®), Dec 2025 to Sep 2026, for sales over $500K only, so figures describe the upper part of the market rather than every sale. Information deemed reliable but not guaranteed.

The homes

What you'll find in Cherry Creek Estates.

The typical recent sale was 4,892 square feet with 4 bedrooms on about 0.23 acres. Homes were built between 2003 and 2012. Nearly every home has a basement.

Every home is different, and the right price depends on the details. I'll prepare a valuation built from the closest recent sales to yours.

Typical size
4,892 sq ft
Bedrooms
4 (median)
Built
2003–2012
Lot size
0.23 acres (median)
School district
Carmel Clay Schools
City
Carmel
Selling in Cherry Creek Estates

What matters when you sell here.

With homes going under contract in about a week and half selling at or over asking, the launch matters more than anything: pricing at the market, professional photos and video on day one, and a plan for handling several offers at once.

I live in Indianapolis and work these neighborhoods every week. More about selling in Carmel, or compare a cash offer if you need to sell fast.

Free valuation

Find out what your Cherry Creek Estates home would sell for.

A custom valuation, prepared, reviewed and refined by me personally, based on recent Cherry Creek Estates sales. Need to sell fast? I can include a cash offer to compare.

What's my home worth?

Custom-built and personally reviewed by me from recent nearby sales, usually within a day. No obligation.

Thinking of selling… (optional)

Phone or email is fine, whichever you prefer. Your information goes only to me and is never sold or shared.

Got it, thank you.

This comes straight to me, and I'll get back to you personally, usually within a few hours. In a hurry? Call or text me at (317) 654-2593.

Text me now
Questions

Cherry Creek Estates real estate FAQ.

What is the median home price in Cherry Creek Estates?

Among 13 recent sales over $500K in Cherry Creek Estates (Dec 2025 to Sep 2026), the median sale price was $700K, ranging from $531K to $958K.

How fast do homes sell in Cherry Creek Estates?

The median home sold in 5 days on market, at a median of 100% of its final list price.

What school district serves Cherry Creek Estates?

Most recent sales in Cherry Creek Estates were in Carmel Clay Schools. Always confirm school assignment for a specific address.

What is the price per square foot in Cherry Creek Estates?

About $162 per square foot at the median for recent sales, compared with a typical $185 across Carmel neighborhoods in this guide. Finished basements, lot and condition move individual homes well above or below that figure.

Is Cherry Creek Estates a luxury market?

5 of the 13 recent sales in Cherry Creek Estates closed at $750,000 or more, so luxury sales are part of the market but not the majority.

How do I find out what my Cherry Creek Estates home is worth?

Request a free valuation and I will build it personally from the closest recent Cherry Creek Estates sales, adjusted for your home's size, condition, updates and lot, rather than a citywide average or an online estimate. There is no obligation.