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Carmel Valley

Learn about the people, housing, costs and businesses in Carmel Valley, California

Median Home$1,293,226
Median Rent$2,076/month
Population4,501
Leading IndustriesHealthcare · Arts, Food & Hospitality · Education28% healthcare
Home Value Growth⬆⬆+16.0% over 2 years
Retirees34% of residentstop 4% nationally
Homeowners79% of occupied units
NotableHighly Educated37% bachelor's · 13% graduate · top 2% nationally
NotableHigh Incomes$147k/year · top 4% nationally
Carmel Valley Village
CA

Explore Carmel Valley Village

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Carmel Valley?

As of today, the 30-year fixed mortgage rate for Carmel Valley is approximately 7.004% (7.037% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Carmel Valley?

The median home value in Carmel Valley is $1.3M. The median monthly rent is $2,076. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Carmel Valley?

Home values in Carmel Valley have increased 16.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Carmel Valley?

Based on a typical all-in ownership cost of $2,845/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $122k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Carmel Valley is $147k/year.

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What industries drive the economy in Carmel Valley?

The largest employment sectors in Carmel Valley are healthcare (28%) and arts, food, and hospitality (25%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.