Home prices
The median home in Carmel-by-the-Sea costs $1,550,600. In comparison to its nearby areas this is roughly $722,560 (87%) higher.Compared to the country as a whole it is approximately $1,333,100 (612%) higher, and in comparison to the city of San Jose is roughly $686,000 (79%) higher.
Rents
In Carmel-by-the-Sea the median monthly rent is $2,209. This is roughly $110 (5%) higher compared to other places in this area.Compared to the US as a whole it is approximately $1,147 (108%) higher, and in comparison to the city of San Jose it is about $102 (4%) higher.
Nearby places
Del Monte Forest
Del Monte Forest is Carmel-by-the-Sea's neighbor to the northwest. Its housing prices are somewhat less expensive. The median home in Del Monte Forest costs $1,356,500, which works out to $194,100 (14%) lower than Carmel-by-the-Sea. Rents there are a bit more expensive. In Del Monte Forest the median monthly rent is $2,914, which is $705 (24%) higher than Carmel-by-the-Sea.
Monterey
Monterey is about 3 miles northeast from Carmel-by-the-Sea. Its housing prices are significantly less expensive. The cost of the median home in Monterey is $782,500, which is $768,100 (98%) lower than Carmel-by-the-Sea. Rents there are somewhat less expensive. The median monthly rent in Monterey is $1,793, which is $416 (23%) lower than Carmel-by-the-Sea.
Pacific Grove
Pacific Grove is about 4 miles north from Carmel-by-the-Sea. Its housing prices are substantially less expensive. The median home in Pacific Grove is valued at $857,900, which is $692,700 (80%) lower than Carmel-by-the-Sea. Rents there are a little less expensive. The median monthly rent in Pacific Grove is $1,758, which comes out to $451 (25%) lower than Carmel-by-the-Sea.
Del Rey Oaks
Del Rey Oaks is roughly 4 miles northeast of Carmel-by-the-Sea. The real estate prices there are significantly less expensive. The median home price in Del Rey Oaks is $629,400, which comes out to $921,200 (146%) lower than Carmel-by-the-Sea. Rents there are a little more expensive. The median rent in Del Rey Oaks is $2,338 per month, which works out to $129 (5%) higher than Carmel-by-the-Sea.
Sand City
Sand City is roughly 5 miles northeast from Carmel-by-the-Sea. The real estate prices there are substantially less expensive. The cost of the median home in Sand City is $513,900, which comes out to $1,036,700 (201%) lower than Carmel-by-the-Sea. The rent there is a bit less expensive. Sand City's median monthly rent is $1,692, which works out to $517 (30%) lower than Carmel-by-the-Sea.
