Carmel, CA Housing Market
The Carmel housing market is not very competitive. The median sale price of a home in Carmel was $2.8M last month, down 14.7% since last year. The median sale price per square foot in Carmel is $2.3K, up 34.1% since last year.
Carmel Housing Market Trends
In May 2025, Carmel home prices were down 14.7% compared to last year, selling for a median price of $2.8M. On average, homes in Carmel sell after 19 days on the market compared to 50 days last year. There were 10 homes sold in May this year, down from 14 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 4% below list price and go pending in around 14 days.
- Hot homescan sell for around list price and go pending in around 7 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 3% below list price and go pending in around 22 days.
- Hot homescan sell for around list price and go pending in around 7 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 around list price and go pending in around 28 days.
- Hot homescan sell for about 2% above list price and go pending in around 9 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 Seattle and New York.
- 26% of Carmel homebuyers searched to stay within the Carmel metropolitan area.
- Sacramento was the most popular destination among Carmel homebuyers followed by San Francisco and Fresno.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '25 - Apr '25 | ||
1 | 292 | ||
2 | 50 | ||
3 | 40 | ||
4 | 31 | ||
5 | 14 | ||
6 | 13 | ||
7 | 12 | ||
8 | 12 | ||
9 | 10 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '25 - Apr '25 | ||
1 | 55 | ||
2 | 43 | ||
3 | 34 | ||
4 | 32 | ||
5 | 29 | ||
6 | 20 | ||
7 | 18 | ||
8 | 15 | ||
9 | 14 | ||
10 | 13 |
View houses in Carmel that sold recently
Recently sold homes
- $4,235,000 Last Sold Price4 beds4.5 baths2,755 sq ft24410 S San Luis Ave, Carmel, CA 93923List Price$4,450,000Sale to List5% under listDays on Market105 days24410 S San Luis Ave, Carmel, CA 93923
- $2,600,0002 beds2 baths1,328 sq ftLincoln St, Carmel, CA 93923List Price—Sale to List—Days on Market—Lincoln St, Carmel, CA 93923
- $2,005,000 Last Sold Price3 beds3 baths1,920 sq ft3386 7th Ave, Carmel, CA 93923List Price$2,120,000Sale to List5% under listDays on Market120 days3386 7th Ave, Carmel, CA 93923
- $2,700,000 Last Sold Price3 beds3.5 baths1,783 sq ft24728 San Carlos St, Carmel, CA 93923List Price$2,800,000Sale to List4% under listDays on Market51 days24728 San Carlos St, Carmel, CA 93923
- $2,200,000 Last Sold Price3 beds2 baths1,229 sq ft0 4th Avenue 2 SW of Randall Way, Carmel, CA 93921List Price$2,299,000Sale to List4% under listDays on Market63 days0 4th Avenue 2 SW of Randall Way, Carmel, CA 93921
- $3,225,000 Last Sold Price3 beds3 baths2,319 sq ft24452 Portola Ave, Carmel, CA 93923List Price$3,495,000Sale to List8% under listDays on Market94 days24452 Portola Ave, Carmel, CA 93923
- $7,175,000 Last Sold Price3 beds3.5 baths2,020 sq ft0 Casanova 8 NW of Ocean Ave, Carmel, CA 93921List Price$7,995,000Sale to List10% under listDays on Market349 days0 Casanova 8 NW of Ocean Ave, Carmel, CA 93921
- $3,800,000 Last Sold Price3 beds2 baths1,755 sq ft5 NE of 4th on Lopez, Carmel, CA 93921List Price$3,800,000Sale to List0% over listDays on Market14 days5 NE of 4th on Lopez, Carmel, CA 93921
See all recently sold homes in Carmel.
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Schools in Carmel
- Elementary
- Middle
- High
GreatSchools Rating
9/10 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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