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Carmel, CA Real Estate


According to census data in the year 2000 there were 3,331 housing units in Carmel. This represents a 0.2% growth from 3,324 in 1990.

Of those housing units, 3,331 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Carmel is about 56.8%. Carmel's vacancy rate, including seasonal lodging, is about 31.5%. Average household size is 1.79 people.

The majority of houses, apartments or condos in Carmel were built after 1950.

Statistics

Housing Size

Housing Units by Size
Studio Type4.70%
One Bedroom20%
Two Bedrooms38.70%
Three Bedrooms28.30%
Four Bedrooms5.40%
Five Bedrooms or more2.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size1.93
Median year structure was built1948
Median Value of occupied units$675,300
Median Price asked for vacant units$687,500

Rented Homes, Apartments and Condos

Average Household Size1.6
Median year structure was built1952
Median Monthly Rent asked for vacant units$985

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.60%
Home Equity Loan10.80%
Simple Mortgage32.70%
Debt Free53.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17%