Carmel-by-the-Sea city: Median Home Value Trend
How Carmel-by-the-Sea city's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$1,290,700
2023
$2,000,001
Total change
+$709,301
% change
+55%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $1,290,700 | — |
| 2019 | $1,550,600 | +$259,900 (20.1%) |
| 2020 | $1,542,000 | $8,600 (-0.6%) |
| 2021 | $1,539,700 | $2,300 (-0.1%) |
| 2022 | $1,763,300 | +$223,600 (14.5%) |
| 2023 | $2,000,001 | +$236,701 (13.4%) |