Market Intelligence · CA / Monterey County

Carmel, CA housing market

1 ZIP market liveData updated August 2026Typical value$2.35M1-yr changeUp6.1%

The median home value in Carmel, CA is $2.35M as of August 2026, up 6.1% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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The coverage

Carmel, by the numbers.

Typical home valueZillow ZHVI, August 2026
$2.35M
1-yr changeMedian across Carmel ZIPs
+6.1%
ZIP markets live2 tracked in Carmel
1
County
Monterey County

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12-month value trend

+6.1% over 12 months

Typical home value in Carmel over the last 12 months: $2.21M in Aug 2025 to $2.35M in Aug 2026 (+6.1%).

Aug 2025$2.21M

Aug 2026$2.35M

Median Zillow home value index across Carmel's ZIP codes.

Context

The typical Carmel home carries a Zillow value of $2,350,469 as of August 2026, a 12-month move of +6.1%. On the listing side, Realtor.com counts 99 homes on the market, 36 newly listed, and a median asking price of $2,525,000 in August 2026. A typical listing takes 66 days to sell, and 13.2% of active homes have seen a price reduction. Read together, these figures point to a market on the way up, with real appreciation over the year.

The numbers

What is the housing market like in Carmel, CA?

Typical home value

$2.35M

Up6.1%YoY

Median list price

$2.52M

Days on market

66

Homes for sale

99

Price cuts

13.2%

New listings

36

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026)

Figures reflect Carmel's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

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Live markets

What ZIP codes are live in Carmel?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of August 2026. 1-yr change compares it to the same ZIP a year earlier. We track 2 Carmel ZIP codes in total; the remaining 1 publish as their data clears editorial QA.

Zillow ZHVI, August 2026

Local pros

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Top real estate agents in Carmel, CA

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Nearby markets

More California housing markets.

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