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Carmel, NY

Full City Profile · New York · Putnam County County

4.0 /5.0
A Great
7,222 Population 782/sq mi density
$126,224 Median Income $52,888 per capita
$491,300 Home Value $596,552 Zillow
$1,160 Median Rent 23.8% income on rent
48°F Avg Temperature 271 sunny days/yr
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.8 / 5.0
$126,224 median income, 3.1% unemployment
A
Affordability
4.5 / 5.0
$491,300 home value, $1,160/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A
Education
4.1 / 5.0
38.8% bachelor's degree or higher

Housing Overview

Median Home Value
$491,300
74% above
US avg: $281,900
Median Rent
$1,160/mo
0% below
US avg: $1,163/mo
Homeownership Rate
75.2%
15% above US avg (65.4%)
Total Housing Units
2,904
Median year built: 1990

Home Value by Source

Census Median
$491,300
Zillow (ZHVI)
$596,552
Median Sale Price
$690,500
Median List Price
$599,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

75.2%
Owner-Occupied
24.8%
Renter-Occupied
75%
25%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent: $1,160/mo

Market Indicators (Redfin)

Median Days on Market
54 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
10
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$305
Active Inventory
32
homes for sale

Affordability & Housing Stock

Rent Burden
23.8%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
75.2%

Complete Housing Data

Home Values

Census Median Value$491,300
Zillow Home Value (ZHVI)$596,552
Median Sale Price$690,500
Median List Price$599,000
Price Per Sq Ft$305

Rent

Census Median Rent$1,160
FMR Studio$1,215
FMR 1-Bedroom$1,315
FMR 2-Bedroom$1,579
FMR 3-Bedroom$1,976
FMR 4-Bedroom$2,193

Market

Days on Market54
Sale-to-List Ratio1.0%
Price Drops25.0%
Homes Sold10
Active Inventory32
Price Per Sq Ft$305

Ownership & Stock

Owner-Occupied75.2%
Renter-Occupied24.8%
Homeownership Rate75.2%
Total Housing Units2,904
Median Year Built1990
Rent Burden23.8%