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Carmel Valley, CA Real Estate


According to census data in the year 2000 there were 2,087 housing units in Carmel Valley. This represents a 9.4% growth from 1,907 in 1990.

Of those housing units, 1,230 were located in either urbanized areas or urban clusters, and 857 were located in what is classified as a rural area.

Homeownership rate in Carmel Valley is about 68.5%. Carmel Valley's vacancy rate, including seasonal lodging, is about 4.7%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Carmel Valley were built after 1965.

Statistics

Housing Size

Housing Units by Size
Studio Type5.70%
One Bedroom16.20%
Two Bedrooms23.40%
Three Bedrooms39.80%
Four Bedrooms12.80%
Five Bedrooms or more2.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.58
Median year structure was built1964
Median Value of occupied units$457,100
Median Price asked for vacant units$777,800

Rented Homes, Apartments and Condos

Average Household Size1.89
Median year structure was built1967
Median Monthly Rent asked for vacant units$700

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.80%
Second Mortgage9.80%
Home Equity Loan8.50%
Simple Mortgage58.40%
Debt Free21.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.5%