Carmel Valley Home Prices & Values

$891,400 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 4.3% 1-year change
  • 2.3% 1-year forecast

Market Temperature: WarmWhat's This?
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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

Buyers' Market Sellers' Market

The median home value in Carmel Valley is $891,400. Carmel Valley home values have gone up 4.3% over the past year and Zillow predicts they will rise 2.3% within the next year. The median list price per square foot in Carmel Valley is $415, which is higher than the San Diego average of $361. The median price of homes currently listed in Carmel Valley is $878,500 while the median price of homes that sold is $886,600. The median rent price in Carmel Valley is $2,300, which is higher than the San Diego median of $2,095.

Foreclosures will be a factor impacting home values in the next several years. In Carmel Valley 0.6 homes are foreclosed (per 10,000). This is lower than the San Diego value of 1.5 and also lower than the national value of 4.4

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Relative ZHVI
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Carmel Valley Market Overview

Data through Jul 31, 2014
  • $891,400 ZHVI
  • 2.3% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $878,500 Median listing price
  • $886,600 Median sale price
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Carmel Valley Market Health

Data through Jul 31, 2014
  • 7.2/10 Healthy What's This?  
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    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)

0.6 homes Carmel Valley
1.5 homes San Diego
4.4 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
North City $1,181,700 Del Mar Heights $1,114,400 Black Mountain Ranch $964,400
Torrey Highlands $803,900 Sorrento Valley $709,200 Rancho Penasquitos $630,000
University City $538,200 Mira Mesa $456,600 La Jolla Village $431,200

Listings & Sales

Data through Jul 31, 2014
  • $415 Median list price / sq ft
  • $408 Median sale price / sq ft
  • 44.9% Listings with price cut
12.8%
Sold below listing
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Carmel Valley Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$3,547 Carmel Valley
$2,231 San Diego
$1,318 United States
  • 4.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $2,300 Rent list price
  • $2.01 Rent list price / sq ft
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