Carmel, CA Home Values & Market Trends
Real estate market trends reflect that there have been 364 transactions over the past year in Carmel. The median value for residential home transactions that occurred over the previous year is $2,001,867. The number of current listings in Carmel is 287, and the percentage of properties for sale in the city is 287.00%. Carmel, CA currently has 11 properties in foreclosure, 2 bank owned properties, 3 properties headed for auction, and 287 properties for sale.
Carmel, CA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 93923 | $ 2,001,867 $ 983/sqft |
Housing Market Summary for Carmel, CA
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $2.2M | $2M | -9.11% |
| Median Sold Price | $2.3M | $2.6M | 13.90% |
| Homes For Sale | 223 | 285 | 27.80% |
| Homes Sold | 226 | 268 | 18.58% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Carmel, CA
Browse Homes in Carmel, CA
Carmel home values range from $399,580 to $16,800,000. The median estimated value of a home in Carmel is $2,001,867. The median list price of a home is 1,995,000, and the total count of properties in the city is 568.
- Pre-ForeclosurePre-foreclosure homes account for 1.06% of all residential properties in Carmel, CA with 93923 containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Carmel, CA; of that zips, the estimated home value for pre-foreclosure homes ranges from $4,575,000 in 93923 to the lowest home value of $1,271,395 in 93923.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Carmel, CA ranges from the highest value of $6,865,097 in 93923 to the lowest value of $1,166,996 in 93923. Bank owned homes and properties account for 0.35% of properties in Carmel, CA. There is 1 zips within Carmel, CA; 93923 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions93923 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Carmel, CA. Auction homes and other auction properties account for 0.53% of all properties in Carmel, CA. There is 1 zips within Carmel, CA; of that zips, the median estimated home value for homes going to auction ranges from $2,775,308 in 93923 to the lowest value of $2,242,725 in 93923.
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Guide for Carmel, CA
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
