Home values, rents and more in Carmel-by-the-Sea, CA
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
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How Carmel-by-the-Sea compares
The typical home in Carmel-by-the-Sea, CA is worth about $2,430,000, according to the Zillow Home Value Index for September 2026. Home values in Carmel-by-the-Sea are 2.9 times the typical value in the Salinas metro area ($841,000) and 6.6 times the U.S. typical value ($366,000).
Over the past year, home values in Carmel-by-the-Sea rose 6.9%, compared with +1.2% in the Salinas metro area and +1.2% nationally.
Typical rent is $5,742 a month (Zillow Observed Rent Index), 2.1 times the Salinas metro area ($2,771) and 3.0 times the U.S. ($1,932). Rents rose 43.7% over the past year.
The median household income is $129,250, against $97,230 in the Salinas metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 3,162 people live in Carmel-by-the-Sea (American Community Survey 2020–24).
Carmel-by-the-Sea has the 2nd-highest typical home value of the 18 cities in the Salinas metro area and the 39th-highest of 886 in California with Zillow figures.
Part of: Monterey County, CA · Salinas metro area · California
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Nearby cities
ZIP codes in Carmel-by-the-Sea, CA
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.