The housing market in 93924 Carmel Valley Village, CA is quite strong. The median value of a house in this area is $1,306,600, which is more than three times the US median of $338,100. In the last year alone, the appreciation of houses in this area has increased by 7.80%, slightly lower than the US average of 8.27%. This indicates that despite the higher median value for homes in this area, there is still potential for growth and stability in the long run.
The median home cost in Carmel Valley Village (zip 93924) is $1,306,600. Home appreciation the last 10 years has been 157.7%. Home Appreciation in Carmel Valley Village (zip 93924) is up 14.7%.
Average Age of Homes
- The median age of Carmel Valley Village (zip 93924) real estate is 45 years old
The Rental Market in Carmel Valley Village (zip 93924)
- Renters make up 25.3% of the Carmel Valley Village (zip 93924) population
- 3.1% of houses and apartments in Carmel Valley Village (zip 93924), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.