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Carmel NYPhoto: Former Wikipedia user Wikilagata (C.C. Sabathia) · Public domain
Housing in Carmel

342 homes sold in Carmel in the last year, at a typical $613K

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 Carmel homes are listed.

Homes sold
342
June 2025 to May 2026
Typical sale price
$613K
houses $631K · condos $465K
Price per square foot
$302
New York $434
Paid vs. asking
102.2%
57% sold over asking
For sale now
68
May 2026 · 18 sold that month
What sold · last 12 months

13% of Carmel’s sales are condos, at $165K less than a house

293 houses and 43 condos sold in the year to May 2026. Houses draw more bidding wars.

Houses$631K

typical sale · 293 sold in 12 months

Per square foot
$301NY $316
Days to sell
32
Sold over asking
59%
Listings with a price cut
19%
Condos$465K

typical sale · 43 sold in 12 months

Per square foot
$333NY $832
Days to sell
30
Sold over asking
47%
Listings with a price cut
44%
Fewer sales

Multi-family (2–4 units): 6 sold, typical $825K

Too few sales in 12 months for reliable figures.

10 years of sales

About as many homes sell as usual, at 1.7 times the 2016 price

342 sales in the last year, against 516 in 2021 and a low of 273 in 2024. The typical sale went from $362K in 2016 to $613K.

Homes soldTypical sale price
0137275412550$400K$500K$600K$700K2016: 411 sold, typical $362K’162017: 398 sold, typical $363K2018: 410 sold, typical $374K’182019: 405 sold, typical $393K2020: 466 sold, typical $415K’202021: 516 sold, typical $474K2022: 396 sold, typical $511K’222023: 289 sold, typical $506K2024: 273 sold, typical $545K’242025: 327 sold, typical $600KLast 12 months: 342 sold, typical $613KNow

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

What your budget buys

What $600K buys in Carmel

Houseat $301 a sq ft
Condoat $333 a sq ft
The same money in New Yorkat $316 a sq ft

Is this asking price fair?

Check a listing against what Carmel 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 · 10 years of sales

Bidding wars in Carmel are more common than before the pandemic, but two thirds fewer homes come up for sale

We read every month of Carmel’s home sales since 2016 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, 342 sales.

If you’re buying in Carmel

  • Shop in June. It brings about 57 new listings a month, close to the busiest month, with fewer bidding wars (33% over asking).
  • Some room to negotiate. 23% of listings cut their price, about as many as before the pandemic.
  • Expect to bid over asking. Buyers paid 102.2% of the list price on average; 57% paid over.
  • You’ll usually have time. Only 6% of homes go under contract within two weeks; the typical one takes 33 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 57 a month), but July is the most competitive: 40% of July sales close over asking. March has the least competition (27%).

New listings a monthShare sold over asking
01530456013%27%40%Sweet spotJan: 27 new listings a month, 28% sold over asking, 92 days to sellJFeb: 30 new listings a month, 30% sold over asking, 80 days to sellFMar: 43 new listings a month, 27% sold over asking, 96 days to sellMApr: 47 new listings a month, 35% sold over asking, 81 days to sellAMay: 54 new listings a month, 33% sold over asking, 81 days to sellMJun: 57 new listings a month, 33% sold over asking, 72 days to sellJJul: 50 new listings a month, 40% sold over asking, 55 days to sellJAug: 42 new listings a month, 40% sold over asking, 56 days to sellASep: 39 new listings a month, 36% sold over asking, 64 days to sellSOct: 36 new listings a month, 37% sold over asking, 59 days to sellONov: 24 new listings a month, 30% sold over asking, 68 days to sellNDec: 19 new listings a month, 35% sold over asking, 67 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than New York

Carmel now2017–192021 peakNY now
Sold over askingShare of sales that closed above the list price57%22%49%41%
Gone within two weeksShare of homes under contract within 14 days6%5%6%26%
Listings with a price cutShare of homes for sale that cut their price23%21%13%20%
Price paid vs. askingAverage sale price ÷ list price102.2%98.4%101.2%101%
Days to sellMedian days from listing to contract33703841
Supply

54 homes for sale on a typical day

That’s 1.2 times the 2023 low (44), 66% fewer than in 2017–19 and well under 2016’s 244.

2016: 244 for sale’162017: 152 for sale2018: 169 for sale2019: 164 for sale’192020: 140 for sale2021: 75 for sale2022: 72 for sale’222023: 44 for sale2024: 48 for sale2025: 56 for sale’25Last 12 months: 54 for saleNow
Room to negotiate

1 in 4 listings has cut its price

23% in the last year, against 21% in 2017–19 and 20% across New York.

2016: 23%’162017: 22%2018: 19%2019: 23%’192020: 19%2021: 13%2022: 22%’222023: 18%2024: 18%2025: 21%’25Last 12 months: 23%Now
Prices by type

Since 2019, houses are up 56%, condos 66%

A house typically sold for $631K in the last year (293 sales), a condo for $465K (43).

$325K$450K$575K$700K201520172019202120232025NowHouses 2015: $373K, 196 salesHouses 2016: $383K, 342 salesHouses 2017: $380K, 338 salesHouses 2018: $384K, 349 salesHouses 2019: $405K, 356 salesHouses 2020: $436K, 407 salesHouses 2021: $492K, 435 salesHouses 2022: $539K, 339 salesHouses 2023: $543K, 234 salesHouses 2024: $589K, 222 salesHouses 2025: $619K, 285 salesHouses last 12 months: $631K, 293 salesHouses $631KCondos 2015: $308K, 45 salesCondos 2016: $321K, 58 salesCondos 2017: $225K, 49 salesCondos 2018: $267K, 49 salesCondos 2019: $281K, 33 salesCondos 2020: $275K, 47 salesCondos 2021: $305K, 54 salesCondos 2022: $261K, 42 salesCondos 2023: $364K, 45 salesCondos 2024: $358K, 41 salesCondos 2025: $409K, 35 salesCondos last 12 months: $465K, 43 salesCondos $465K

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

Across New York

Carmel ranks 156th of 362 busy New York markets for bidding wars

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

Source: Redfin Data Center, city market tracker, January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Before you buy in Carmel

Five things worth knowing

57

New listings in June

The month with the most choice. December has the fewest, about 19.

Best time to buy
B+

Schools

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

Schools in Carmel
41 min

Typical commute

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

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

No busy market nearby sells for less a square foot; Heritage Hills and Shenorock for far more

The busier markets within 25 miles of Carmel, 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
Carmel342$613K$30257%33
Kent163$473K$30948%45
Heritage Hills123$654K$44352%24
Lake Carmel101$440K$30751%46
Mahopac87$633K$30855%39
Lincolndale23$575K$36257%43
Shenorock20$549K$39175%48

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 Carmel, free

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

Questions about buying a home in Carmel

What do homes sell for in Carmel, NY?

342 homes sold in the year to May 2026 at a typical $613K, $302 a square foot. Houses sold for about $631K, condos for about $465K.

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

A seller’s market: 68 homes were for sale in May 2026 and 18 sold, about 3.8 months of supply. Buyers paid 102.2% of asking on average, and 23% of listings cut their price.

When is the best time to buy in Carmel?

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

Where can I see homes for sale in Carmel?

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

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).