Carmel, CA Housing Market
Median List Price
$2,695,000
Updated August 2026
Today, Carmel has 107 homes for sale at a median list price of $2,695,000, typically selling in about 92 days.
Carmel Market Analysis
Homes in Carmel, CA carry a median list price of $2.7M. Per square foot, the median stands at $1,227. The median price moved from $2.9M in February to $2.1M in July, a 28.4% decrease over six months.
The typical listing reaches pending status in about 20 days. That is a quick turnaround, so buyers who wait on a well priced home often miss it. Right now 107 homes are on the market in Carmel, CA. 25 new listings came on the market in the last 30 days.
Six bedroom homes carry the highest medians at $12.5M, with two bedroom homes starting the range at $955,000. Single family homes make up about 77.6% of current inventory, with condos accounting for another 20.6%. The area spans the 93923 and 93921 ZIP codes.
Carmel Rental Market
Rentals in Carmel, CA carry a median asking rent of $7,950. Right now 5 rentals are on the market in Carmel, CA.
Carmel Market Pulse
Topfind Market Read
Buyers hold the edge right now. 8.9 months of supply is more than current demand absorbs, and the typical home takes about 92 days to sell. At the same time, sale prices are up 26% over the last six months, though still 6% below a year ago, and sales volume is up 39% versus six months ago, which keeps well-priced homes moving. Buyers have room to negotiate price and terms, while sellers should price sharply and present well to stand out.
Median Home Price
$2.69M
↓ 6% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
8.9 months of supply
Ample Supply107 active listings, plenty of options to choose from.
What this means for buyers
There is more inventory than recent sales absorb, so buyers have plenty of options and stronger footing to negotiate price and terms. Listings typically sell in ~92 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The trend is moving the other way though, with selling times down 10% over the last six months.
Inventory Distribution
A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $1.5M in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$2.2M)
Price Reductions
46 listings have reduced their price
43% of active listings
Average reduction: 8.6% (~$232K)
Browse Carmel Listings
Frequently Asked Questions about the Carmel, CA Housing Market
What is the median home price in Carmel, CA?
The median list price in Carmel is $2,695,000 as of August 2026, based on 107 active listings.
Is Carmel a buyer's market or a seller's market?
Carmel currently reads as a buyer's market. Active inventory works out to about 8.9 months of supply at the recent sales pace.
How fast do homes sell in Carmel?
Homes that closed in the last 90 days typically went under contract in about 20 days. The average home currently for sale has been on the market for 92 days.
Are home prices in Carmel going up or down?
The median sale price in Carmel is down about 5.7% compared with a year ago.
How many homes are for sale in Carmel, CA?
There are 107 homes for sale in Carmel right now, including 8 listed within the last week.
What is the median rent in Carmel?
The median asking rent in Carmel is $7,950 per month, across 5 active rental listings.