93923, Carmel, CA

The 93923 zip code of Carmel, CA has a median home value of $1,047,000 and a median home equity value of $269,000. The city has a population of about 21,000 and is located in the San Francisco Bay Area. The average commute time to work is about 25 minutes.

The Carmel market is very tight with an inventory of only 2 homes available for sale as of February 2019. This indicates that buyers are in high demand and there is strong competition among sellers. In addition, the average days on market for homes in this zip code is just over 29 days which shows that there are plenty of buyers interested in purchasing a home in this area.

One reason why the Carmel market may be so hot right now is because it offers some great amenities for homeowners including excellent schools (both public and private), low crime rates, and plenty of recreational opportunities such as hiking trails and golf courses nearby. Additionally, Carmel has been experiencing steady job growth over the past few years which means that more people are able to afford to buy homes here.