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Home values, rents and more in Carmel Valley, CA

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$1,418,000
Metro: $841,000 · U.S.: $366,000
Home values, past year
−0.1%
Metro: +1.2% · U.S.: +1.2%
Population
4,785
ACS 2020–24
Median household income
$156,161
Metro: $97,230 · U.S.: $80,734
ZIP codes around Carmel Valley, CA, shaded by typical home valueCarmel Valley
  • Under $1.2M
  • $1.2M–$1.4M
  • $1.4M–$1.8M
  • $1.8M+
  • No data
ZIP codes around Carmel Valley, CA, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Carmel Valley is outlined.

How Carmel Valley compares

The typical home in Carmel Valley, CA is worth about $1,418,000, according to the Zillow Home Value Index for September 2026. Home values in Carmel Valley are 1.7 times the typical value in the Salinas metro area ($841,000) and 3.9 times the U.S. typical value ($366,000).

Over the past year, home values in Carmel Valley fell 0.1%, compared with +1.2% in the Salinas metro area and +1.2% nationally.

The median household income is $156,161, against $97,230 in the Salinas metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 4,785 people live in Carmel Valley (American Community Survey 2020–24).

Carmel Valley has the 3rd-highest typical home value of the 18 cities in the Salinas metro area and the 106th-highest of 886 in California with Zillow figures.

Part of: Monterey County, CA · Salinas metro area · California

More for Carmel Valley in ProMap Plus

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Carmel Valley, 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.

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