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Featured local agent — Carmichael, CA
Sarah Mitchell
Compass Real Estate · Carmichael, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Carmichael, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$605,000median sale price
How is the Carmichael, CA housing market right now?
The median home sale price in Carmichael, CA is $605,000, up 16.4% year-over-year. Homes sell in an average of 11 days with 174 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Carmichael a buyer's or seller's market?
Carmichael, CA is currently a strong seller's market, based on 2.5 months of supply and homes selling in about 11 days. How we determine this →
Homes sold
71
Last 12 weeks
Days on market
11
Fast-moving
Active listings
174
2.5 months supply
Sale-to-list
100.0%
Above asking
What does the Carmichael housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $605,000 |
| Median list price | $534,250 |
| Year-over-year price change | +16.4% |
| Average days on market | 11 days |
| Active inventory | 174 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $336/sq ft |
| Homes sold (latest month) | 71 |
| New listings (latest month) | 98 |
| Listings with a price cut | 29.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Carmichael by property type?
How the Carmichael, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $651,000 | $351/sq ft | 60 | 10 days |
| Condo / Co-op | $285,500 | $244/sq ft | 4 | 17 days |
| Townhouse | $311,500 | $225/sq ft | 5 | 63 days |
Source: Redfin · Updated monthly
The Carmichael housing market is currently classified as a strong seller's market with a median sale price of $605,000. Prices have risen 16.4% compared to last year, with homes spending an average of 11 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.7x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Carmichael
There are currently 174 homes listed for sale in Carmichael, California. The median listing price is $534K.
Active listings
174
Homes on market
Median list price
$534K
Avg. days on market
11
Days until sale
New this week
98
Newly listed
Who lives in Carmichael?
Population
78,070
Median income
$84,376/yr
Median age
41 years
Owner-occupied
52.0%
College grads
35.6%
Avg commute
27 min
Source: U.S. Census Bureau ACS
What are homes worth in Carmichael?
Zillow home value
$564,043
Zillow rent index
$1,828/mo
Price-to-rent ratio
25.7x
Price-to-income
6.7x
Source: Zillow Research
What is it like to live in Carmichael?
Carmichael is a community of approximately 78K residents with a median age of 41 years.The median household income is $84,376, which reflects a relatively affluent area with strong earning potential. 35.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 52.0%, showing a blend of owner and renter-occupied properties. The average commute time is 27 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Carmichael offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Carmichael?
17 schools tracked · 15,550 students
The largest public schools serving Carmichael, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Visions In Education
Grades K-12 · 7,009 students
California Montessori Project-San Juan Campuses
Grades K-8 · 1,477 students
Winston Churchill Middle
Grades 6-8 · 995 students
Starr King K-8
Grades K-8 · 854 students
Options for Youth-San Juan
Grades 7-12 · 790 students
John Barrett Middle
Grades 6-8 · 743 students
Mary Deterding Elementary
Grades K-6 · 616 students
Del Dayo Elementary
Grades K-6 · 520 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Carmichael, CA?
Want a head-to-head view? Compare Carmichael side-by-side with any other U.S. city using our market-comparison tool.
Is Carmichael a good real estate investment market?
For investors evaluating Carmichael, the price-to-rent ratio of 25.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 16.4% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Carmichael's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Carmichael's median home price.
Frequently asked questions
What is the average home price in Carmichael?
The median home sale price in Carmichael is $605,000, up 16.4% from last year.
How long do homes stay on market in Carmichael?
Homes typically spend 11 days on market before going under contract.
What is the median income in Carmichael?
The median household income is $84,376 per year.
Is Carmichael a buyer's or seller's market?
With 2.5 months of supply, Carmichael is currently a strong seller's market.
What is the Zillow home value estimate for Carmichael?
The Zillow Home Value Index (ZHVI) for Carmichael is $564,043, representing the typical home value in the area.
What is the median condo price in Carmichael?
The median condo/co-op sale price in Carmichael, CA is $285,500, compared to $651,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Carmichael?
The median single-family home price in Carmichael, CA is $651,000 (about $351 per square foot).
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