Foster Estates
Foster Estates sits above the Carmel median, with homes selling for a median of $960K. Demand is strong, with a median of 7 days on market and a median sale-to-list price of 101.0%. Recent sales feature basements in most homes.
By median sale price, Foster Estates ranks 26 of the 108 Carmel neighborhoods in this guide, in the middle of the range for the area. Price per square foot, about $182, is in line with the typical Carmel neighborhood ($185).
Foster Estates by the numbers.
8 of 10 recent sales here were $750K or more, making Foster Estates one of the stronger luxury markets in Carmel.
Based on information from the Broker Listing Cooperative® (BLC®), Jan 2026 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.
What you'll find in Foster Estates.
The typical recent sale was 5,416 square feet with 5 bedrooms on about 0.37 acres. Homes were built between 1990 and 2003. 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
- 5,416 sq ft
- Bedrooms
- 5 (median)
- Built
- 1990–2003
- Lot size
- 0.37 acres (median)
- School district
- Carmel Clay Schools
- City
- Carmel
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.
At this price level the buyer pool is smaller and more specific, so marketing goes beyond the MLS: targeted exposure to relocation buyers, agents who work the $750K+ market, and photography that does the home justice.
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.
Find out what your Foster Estates home would sell for.
A custom valuation, prepared, reviewed and refined by me personally, based on recent Foster Estates sales. Need to sell fast? I can include a cash offer to compare.
Nearby price points in Carmel.
Foster Estates real estate FAQ.
What is the median home price in Foster Estates?
Among 10 recent sales over $500K in Foster Estates (Jan 2026 to Sep 2026), the median sale price was $960K, ranging from $593K to $1.33M.
How fast do homes sell in Foster Estates?
The median home sold in 7 days on market, at a median of 101.0% of its final list price.
What school district serves Foster Estates?
Most recent sales in Foster Estates were in Carmel Clay Schools. Always confirm school assignment for a specific address.
What is the price per square foot in Foster Estates?
About $182 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 Foster Estates a luxury market?
8 of the 10 recent sales in Foster Estates closed at $750,000 or more, so most of the market here is at the luxury level.
How do I find out what my Foster Estates home is worth?
Request a free valuation and I will build it personally from the closest recent Foster 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.