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Featured local agent — Lake Carmel, NY
Sarah Mitchell
Compass Real Estate · Lake Carmel, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lake Carmel, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$452,000median sale price
How is the Lake Carmel, NY housing market right now?
The median home sale price in Lake Carmel, NY is $452,000, up 40.2% year-over-year. Homes sell in an average of 62 days with 18 active listings. The market is currently a balanced 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 Lake Carmel a buyer's or seller's market?
Lake Carmel, NY is currently a balanced market, based on 3.6 months of supply and homes selling in about 62 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
62
Average pace
Active listings
18
3.6 months supply
Sale-to-list
100.8%
Above asking
What does the Lake Carmel housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $452,000 |
| Median list price | $440,000 |
| Year-over-year price change | +40.2% |
| Average days on market | 62 days |
| Active inventory | 18 listings |
| Months of supply | 3.6 months |
| Sale-to-list price ratio | 100.8% |
| Median price per sq ft | $351/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 6 |
| Listings with a price cut | 27.8% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Lake Carmel by property type?
How the Lake Carmel, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $452,000 | $351/sq ft | 5 | 62 days |
| Condo / Co-op | $435,000 | $274/sq ft | 1 | 108 days |
| Townhouse | $495,000 | $312/sq ft | 1 | 34 days |
Source: Redfin · Updated monthly
The Lake Carmel housing market is currently classified as a balanced market with a median sale price of $452,000. Prices have risen 40.2% compared to last year, with homes spending an average of 62 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Lake Carmel
There are currently 18 homes listed for sale in Lake Carmel, New York. The median listing price is $440K.
Active listings
18
Homes on market
Median list price
$440K
Avg. days on market
62
Days until sale
New this week
6
Newly listed
Who lives in Lake Carmel?
Population
8,090
Median income
$121,402/yr
Median age
42.4 years
Owner-occupied
86.8%
College grads
39.1%
Avg commute
39 min
Source: U.S. Census Bureau ACS
What is it like to live in Lake Carmel?
Lake Carmel is a community of approximately 8K residents with a median age of 42.4 years.The median household income is $121,402, which reflects a relatively affluent area with strong earning potential. 39.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 86.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 39 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Lake Carmel offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Lake Carmel, NY?
Want a head-to-head view? Compare Lake Carmel side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lake Carmel?
The median home sale price in Lake Carmel is $452,000, up 40.2% from last year.
How long do homes stay on market in Lake Carmel?
Homes typically spend 62 days on market before going under contract.
What is the median income in Lake Carmel?
The median household income is $121,402 per year.
Is Lake Carmel a buyer's or seller's market?
With 3.6 months of supply, Lake Carmel is currently a balanced market.
What is the median condo price in Lake Carmel?
The median condo/co-op sale price in Lake Carmel, NY is $435,000, compared to $452,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lake Carmel?
The median single-family home price in Lake Carmel, NY is $452,000 (about $351 per square foot).
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