Home values, rents and more in ZIP code 93923 (Carmel-by-the-Sea, CA)
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open 93923 in ProMap- Under $670k
- $670k–$780k
- $780k–$870k
- $870k–$1.2M
- $1.2M+
- No data
How 93923 compares
The typical home in ZIP code 93923 (Carmel-by-the-Sea, CA) is worth about $2,359,000, according to the Zillow Home Value Index for September 2026. Home values in 93923 are 2.8 times the typical value in the Salinas metro area ($841,000) and 6.4 times the U.S. typical value ($366,000).
Over the past year, home values in 93923 rose 6.7%, compared with +1.2% in the Salinas metro area and +1.2% nationally.
Typical rent is $5,733 a month (Zillow Observed Rent Index), 2.1 times the Salinas metro area ($2,771) and 3.0 times the U.S. ($1,932).
The median household income is $142,474, against $97,230 in the Salinas metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 12,565 people live in 93923 (American Community Survey 2020–24).
93923 has the 2nd-highest typical home value of the 25 ZIP codes in the Salinas metro area and the 52nd-highest of 1,541 in California with Zillow figures.
Part of: Carmel-by-the-Sea, CA · Monterey County, CA · Salinas metro area · California
More for 93923 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
- Zillow 12-month price forecast
- Crime rates
- School test scores
- 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
Nearby ZIP codes
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.