Home Values

Carmel Valley Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$890,400

  • 3.7% 1-year change
  • 3.5% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Warm

Buyers' Market
Sellers' Market

The median home value in Carmel Valley is $890,400. Carmel Valley home values have gone up 3.7% over the past year and Zillow predicts they will rise 3.5% within the next year. The median list price per square foot in Carmel Valley is $417, which is higher than the San Diego average of $360. The median price of homes currently listed in Carmel Valley is $849,000 while the median price of homes that sold is $857,225. The median rent price in Carmel Valley is $2,280, which is higher than the San Diego median of $2,100.

Foreclosures will be a factor impacting home values in the next several years. In Carmel Valley 0.7 homes are foreclosed (per 10,000). This is lower than the San Diego value of 1.4 and also lower than the national value of 4.3

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Relative ZHVI
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Carmel Valley Market Overview

Data through Aug 31, 2014
  • $890,400 ZHVI
  • 3.5% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Aug 31, 2015)
  • $849,000 Median listing price
  • $857,225 Median sale price
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Carmel Valley Market Health

Data through Aug 31, 2014
  • 8.0/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

0.7 homes Carmel Valley
1.4 homes San Diego
4.3 homes United States
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Nearby Neighborhoods

Name Median ZHVI
North City $1,184,500
Del Mar Heights $1,158,700
Black Mountain Ranch $990,400
Name Median ZHVI
Torrey Highlands $828,000
Sorrento Valley $700,400
Rancho Penasquitos $664,400
Name Median ZHVI
University City $535,800
Mira Mesa $477,600
La Jolla Village $432,100

Listings & Sales

Data through Aug 31, 2014
  • $417 Median list price / sq ft
  • $403 Median sale price / sq ft
  • 50.0% Listings with price cut
14.5%
Sold below listing
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Carmel Valley Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $3,573 Carmel Valley
    $2,242 San Diego
    $1,328 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $2,280 Rent list price
  • $2.05 Rent list price / sq ft
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