Carmel, CA Housing Market
The Carmel housing market is not very competitive. The median sale price of a home in Carmel was $1.9M last month, down 40.6% since last year. The median sale price per square foot in Carmel is $961, down 37.1% since last year.
Carmel Housing Market Trends
In July 2025, Carmel home prices were down 40.6% compared to last year, selling for a median price of $1.9M. On average, homes in Carmel sell after 71 days on the market compared to 31 days last year. There were 12 homes sold in July this year, up from 11 last year.

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How hot is the Carmel housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Multiple offers are rare.
- The average homes sell for about 3% below list price and go pending in around 51 days.
- Hot homescan sell for around list price and go pending in around 13 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 25 days.
- Hot homescan sell for around list price and go pending in around 8 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 26 days.
- Hot homescan sell for about 1% above list price and go pending in around 10 days.
Carmel Migration & Relocation Trends
- Across the nation, 0.31% of homebuyers searched to move into Carmel from outside metros.
- Los Angeles homebuyers searched to move into Carmel more than any other metro followed by San Francisco and Greenville.
- 26% of Carmel homebuyers searched to stay within the Carmel metropolitan area.
- Sacramento was the most popular destination among Carmel homebuyers followed by Atlanta and San Luis Obispo.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jun '25 - Aug '25 | ||
1 | 346 | ||
2 | 243 | ||
3 | 45 | ||
4 | 42 | ||
5 | 32 | ||
6 | 25 | ||
7 | 24 | ||
8 | 16 | ||
9 | 14 | ||
10 | 12 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jun '25 - Aug '25 | ||
1 | 69 | ||
2 | 43 | ||
3 | 24 | ||
4 | 20 | ||
5 | 18 | ||
6 | 15 | ||
7 | 14 | ||
8 | 12 | ||
9 | 12 | ||
10 | 10 |
View houses in Carmel that sold recently
Recently sold homes
- $2,650,000 Last Sold Price3 beds1.5 baths1,330 sq ft0 Lobos Street 3 SW of 3rd Ave, Carmel, CA 93923List Price$2,675,000Sale to List1% under listDays on Market35 days0 Lobos Street 3 SW of 3rd Ave, Carmel, CA 93923
- $140,000 Last Sold Price—beds—baths—sq ft0000 Scenic Rd, Carmel, CA 93923List Price$100,000Sale to List40% over listDays on Market111 days0000 Scenic Rd, Carmel, CA 93923
- $3,850,000 Last Sold Price3 beds2 baths1,806 sq ft7th 2sw Forest Ave, Carmel, CA 93921List Price$3,925,000Sale to List2% under listDays on Market67 days7th 2sw Forest Ave, Carmel, CA 93921
- $2,050,000 Last Sold Price3 beds2 baths1,307 sq ft0 Santa Rita 2 SW of 3rd St, Carmel-by-the-sea, CA 93921List Price$2,050,000Sale to List0% over listDays on Market34 days0 Santa Rita 2 SW of 3rd St, Carmel-by-the-sea, CA 93921
- $2,500,0002 beds2 baths1,100 sq ft10 Th Ave Unit 2SW, Carmel By The Sea, CA 93921List Price—Sale to List—Days on Market—10 Th Ave Unit 2SW, Carmel By The Sea, CA 93921
- $3,400,000 Last Sold Price4 beds3 baths2,650 sq ft24911 Outlook Ter, Carmel, CA 93923List Price$3,600,000Sale to List6% under listDays on Market139 days24911 Outlook Ter, Carmel, CA 93923
- $1,650,000 Last Sold Price3 beds2 baths1,431 sq ft0 Carpenter 5 NE of 4th St, Carmel, CA 93921List Price$1,898,000Sale to List13% under listDays on Market177 days0 Carpenter 5 NE of 4th St, Carmel, CA 93921
- $1,600,000 Last Sold Price2 beds2 baths1,546 sq ft3483 Ocean Ave, Carmel, CA 93923List Price$1,795,000Sale to List11% under listDays on Market135 days3483 Ocean Ave, Carmel, CA 93923
See all recently sold homes in Carmel.
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Schools in Carmel
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Carmel River Elementary School Public • K-5 | 386 Students | 17 reviews |
Climate's impact on Carmel housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Carmel.
Flood Factor - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minimal
Wind Factor

Heat Factor - Minimal
Heat Factor

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