Carmel-by-the-Sea, CA (93921) has a median value for housing of $1,723,600, higher than the median value for housing in the United States which is at $338,100. The rate of appreciation for homes in Carmel-by-the-Sea over the past year is 7.80%, slightly lower than the 8.27% appreciation rate for homes across the United States over this same period. This high value and slight difference in appreciation rate demonstrate that Carmel-by-the-Sea is an attractive location to buy a home.
The median home cost in Carmel-by-the-Sea (zip 93921) is $1,723,600. Home appreciation the last 10 years has been 157.7%. Home Appreciation in Carmel-by-the-Sea (zip 93921) is up 14.7%.
Average Age of Homes
- The median age of Carmel-by-the-Sea (zip 93921) real estate is 62 years old
The Rental Market in Carmel-by-the-Sea (zip 93921)
- Renters make up 17.0% of the Carmel-by-the-Sea (zip 93921) population
- 1.6% of houses and apartments in Carmel-by-the-Sea (zip 93921), 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.