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Housing in Carmichael

716 homes sold in Carmichael in the last year, at a typical $546K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Carmichael homes are listed.

Homes sold
716
June 2025 to May 2026
Typical sale price
$546K
houses $564K · condos $280K
Price per square foot
$331
California $504
Paid vs. asking
99.4%
37% sold over asking
For sale now
174
May 2026 · 71 sold that month
What sold · last 12 months

7% of Carmichael’s sales are condos, at $285K less than a house

587 houses and 52 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$564K

typical sale · 587 sold in 12 months

Per square foot
$349CA $494
Days to sell
26
Sold over asking
40%
Listings with a price cut
32%
Condos$280K

typical sale · 52 sold in 12 months

Per square foot
$256CA $561
Days to sell
72
Sold over asking
21%
Listings with a price cut
34%
Fewer sales

Multi-family (2–4 units): 36 sold, typical $642K
Townhouses: 41 sold, typical $301K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than a decade ago, at 1.7 times the 2016 price

716 sales in the last year, against 1,103 in 2012 and a low of 647 in 2023. The typical sale went from $330K in 2016 to $546K.

Homes soldTypical sale price
02875758621150$225K$350K$475K$600K2012: 1103 sold, typical $201K’122013: 1015 sold, typical $260K2014: 1012 sold, typical $279K’142015: 1076 sold, typical $302K2016: 1092 sold, typical $330K’162017: 1018 sold, typical $356K2018: 990 sold, typical $383K’182019: 964 sold, typical $399K2020: 1036 sold, typical $436K’202021: 1103 sold, typical $512K2022: 847 sold, typical $538K’222023: 647 sold, typical $536K2024: 684 sold, typical $561K’242025: 683 sold, typical $539KLast 12 months: 716 sold, typical $546KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $550K buys in Carmichael

Houseat $349 a sq ft
Condoat $256 a sq ft
The same money in Californiaat $494 a sq ft

Is this asking price fair?

Check a listing against what Carmichael homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Carmichael are back to pre-pandemic levels, with about as many homes for sale

We read every month of Carmichael’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 716 sales.

If you’re buying in Carmichael

  • Shop in August. It brings about 102 new listings a month, close to the busiest month, with fewer bidding wars (43% over asking).
  • Less room to haggle. Only 33% of listings cut their price, against 36% before the pandemic.
  • Bid near asking. Buyers paid 99.4% of the list price on average; 37% paid over.
  • You’ll usually have time. Only 38% of homes go under contract within two weeks; the typical one takes 28 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 119 a month), and the most competition: 49% close over asking. July and August offer nearly as much choice with fewer homes bid up (43%). January has the least competition (36%) but only about 69 new listings.

New listings a monthShare sold over asking
030609012020%40%60%Sweet spotJan: 69 new listings a month, 36% sold over asking, 36 days to sellJFeb: 73 new listings a month, 41% sold over asking, 29 days to sellFMar: 101 new listings a month, 47% sold over asking, 15 days to sellMApr: 107 new listings a month, 47% sold over asking, 12 days to sellAMay: 111 new listings a month, 48% sold over asking, 12 days to sellMJun: 119 new listings a month, 49% sold over asking, 13 days to sellJJul: 105 new listings a month, 43% sold over asking, 16 days to sellJAug: 102 new listings a month, 43% sold over asking, 20 days to sellASep: 94 new listings a month, 42% sold over asking, 22 days to sellSOct: 86 new listings a month, 40% sold over asking, 22 days to sellONov: 61 new listings a month, 39% sold over asking, 24 days to sellNDec: 40 new listings a month, 40% sold over asking, 26 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like California as a whole

Carmichael now2017–192021 peakCA now
Sold over askingShare of sales that closed above the list price37%38%68%36%
Gone within two weeksShare of homes under contract within 14 days38%43%61%31%
Listings with a price cutShare of homes for sale that cut their price33%36%31%24%
Price paid vs. askingAverage sale price ÷ list price99.4%99.5%102.9%99.7%
Days to sellMedian days from listing to contract28221044
Supply

151 homes for sale on a typical day

That’s 2.3 times the 2023 low (67), about the 2017–19 level and well under 2014’s 244.

2012: 237 for sale’122013: 190 for sale2014: 244 for sale2015: 214 for sale’152016: 187 for sale2017: 144 for sale2018: 171 for sale’182019: 151 for sale2020: 103 for sale2021: 82 for sale’212022: 109 for sale2023: 67 for sale2024: 104 for sale’242025: 146 for saleLast 12 months: 151 for saleNow
Room to negotiate

1 in 3 listings has cut its price

33% in the last year, against 36% in 2017–19 and 24% across California.

2015: 37%’152016: 33%2017: 35%2018: 38%’182019: 34%2020: 31%2021: 31%’212022: 42%2023: 34%2024: 36%’242025: 34%Last 12 months: 33%Now
Prices by type

Since 2019, houses are up 36%, condos 33%

A house typically sold for $564K in the last year (587 sales), a condo for $280K (52).

$175K$350K$525K$700K2013201520172019202120232025NowHouses 2013: $276K, 856 salesHouses 2014: $301K, 801 salesHouses 2015: $320K, 886 salesHouses 2016: $347K, 898 salesHouses 2017: $374K, 826 salesHouses 2018: $397K, 796 salesHouses 2019: $414K, 787 salesHouses 2020: $446K, 873 salesHouses 2021: $532K, 924 salesHouses 2022: $560K, 680 salesHouses 2023: $554K, 540 salesHouses 2024: $575K, 564 salesHouses 2025: $558K, 552 salesHouses last 12 months: $564K, 587 salesHouses $564KCondos 2013: $96K, 109 salesCondos 2014: $120K, 147 salesCondos 2015: $120K, 121 salesCondos 2016: $140K, 125 salesCondos 2017: $176K, 132 salesCondos 2018: $210K, 120 salesCondos 2019: $210K, 117 salesCondos 2020: $229K, 105 salesCondos 2021: $267K, 92 salesCondos 2022: $300K, 83 salesCondos 2023: $281K, 41 salesCondos 2024: $278K, 54 salesCondos 2025: $273K, 51 salesCondos last 12 months: $280K, 52 salesCondos $280K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across California

Carmichael ranks 258th of 555 busy California markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Carmichael is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Carmichael home costs about $3,146 a month

Mortgage
Property tax
Insurance
Rent

Price: Carmichael’s typical sale, last 12 months. Property tax at Carmichael’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Carmichael is affordable on local pay is on Cost of living.

Before you buy in Carmichael

Six things worth knowing

119

New listings in June

The month with the most choice. December has the fewest, about 40.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $546K home, about $3,570 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Carmichael, from test results, graduation and how much students grow.

Schools in Carmichael
27 min

Typical commute

The average one-way trip to work for people who live in Carmichael.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Gold River and La Riviera sell for less a square foot

The busier markets within 25 miles of Carmichael, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Arden-Arcade727$526K$33734%25
Carmichael716$546K$33137%28
Fair Oaks383$672K$33132%27
North Highlands317$406K$32343%23
Foothill Farms269$424K$32743%27
Gold River118$671K$31625%46
La Riviera93$450K$31541%25

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Carmichael, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Carmichael. People who follow the town see it, and so do people comparing Carmichael with their own town. No commission, no listing fee.

Questions about buying a home in Carmichael

What do homes sell for in Carmichael, CA?

716 homes sold in the year to May 2026 at a typical $546K, $331 a square foot. Houses sold for about $564K, condos for about $280K.

Is Carmichael a buyer’s or seller’s market?

A seller’s market: 174 homes were for sale in May 2026 and 71 sold, about 2.5 months of supply. Buyers paid 99.4% of asking on average, and 33% of listings cut their price.

When is the best time to buy in Carmichael?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Carmichael?

About 0.7% of a home’s value a year. On a $546K home that’s near $3,570.

Where can I see homes for sale in Carmichael?

Zillow, Redfin, Realtor.com and Homes.com all carry Carmichael’s MLS listings; the search links above open each one filtered to Carmichael.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).