Lake Carmel, NY
Full City Profile · New York · Putnam County County
4.1
/5.0
A
Great
8,090
Population
1,547/sq mi density
$121,402
Median Income
$48,205 per capita
$357,500
Home Value
$512,017 Zillow
$1,479
Median Rent
39.2% income on rent
48°F
Avg Temperature
271 sunny days/yr
A
Overall
4.1 / 5.0
Strong
A+
Economy
4.9 / 5.0
$121,402 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$357,500 home value, $1,479/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A
Education
4.1 / 5.0
39.1% bachelor's degree or higher
Housing Overview
Median Home Value
$357,500
27% above
US avg: $281,900
Median Rent
$1,479/mo
27% above
US avg: $1,163/mo
Homeownership Rate
86.8%
33% above US avg (65.4%)
Total Housing Units
3,106
Median year built: 1955
Home Value by Source
Census Median
$357,500
Zillow (ZHVI)
$512,017
Median Sale Price
$420,000
Median List Price
$708,888
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
86.8%
Owner-Occupied
13.2%
Renter-Occupied
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:
$1,479/mo
Market Indicators (Redfin)
Median Days on Market
45 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
22.2%
of listings with price reduction
Price Per Sq Ft
$356
Active Inventory
9
homes for sale
Affordability & Housing Stock
Rent Burden
39.2%
of renters spending 30%+ of income on housing
26% above US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
86.8%
Complete Housing Data
Home Values
| Census Median Value | $357,500 |
| Zillow Home Value (ZHVI) | $512,017 |
| Median Sale Price | $420,000 |
| Median List Price | $708,888 |
| Price Per Sq Ft | $356 |
Rent
| Census Median Rent | $1,479 |
| 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 Market | 45 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 22.2% |
| Homes Sold | 3 |
| Active Inventory | 9 |
| Price Per Sq Ft | $356 |
Ownership & Stock
| Owner-Occupied | 86.8% |
| Renter-Occupied | 13.2% |
| Homeownership Rate | 86.8% |
| Total Housing Units | 3,106 |
| Median Year Built | 1955 |
| Rent Burden | 39.2% |
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