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Foreclosure Homes in Carmel, NY

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Carmel, NY Foreclosures

How much do homes sell for in Carmel, NY?
The average home price is currently $542,084.
In Carmel, NY, how many homes are available?
There are currently 70 active home listings available in Carmel.
What’s the average rental cost in Carmel, NY?
The average rental price in Carmel is $2,040.
What is the most expensive home in Carmel?
The most expensive home sold in Carmel had a price of $29,165,202.
What is currently the cheapest priced home in Carmel, NY?
The cheapest home for sale in Carmel is priced at $10,175.

Living in Carmel, NY

Carmel, located in Putnam County, offers a serene suburban lifestyle with easy access to nature and city amenities. The charming town is known for its beautiful lakes and parks, making it ideal for outdoor enthusiasts. With a mix of historic charm and modern convenience, Carmel provides an appealing living environment for families and individuals alike.

Current Market Conditions in Carmel, NY

Carmel's real estate market has shown remarkable resilience over the last year. The demand for homes has steadily increased, driven by the ongoing trend of buyers seeking suburban living with more space and lower density compared to urban areas. This trend has led to price increases, with many homes selling near or above their asking prices as buyers compete for properties in desirable neighborhoods.

Inventory has remained relatively low, contributing to a seller’s market where homes are garnering multiple offers. The appeal of Carmel’s natural beauty and recreational facilities continues to attract buyers, with both first-time homeowners and those looking for vacation retreats seeking properties in this area.

Home Value Estimator For Carmel, NY

There are currently 8,549 real estate properties in Carmel, NY, with a median automated valuation model (AVM) price of $483,979.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Carmel, NY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Carmel, NY, is $542,084.00, with the most expensive house in Carmel, NY, topping out at $29,165,202.00 and the cheapest home in Carmel, NY, clocking in at $10,175.00. In other words, there’s something for every potential homebuyer or savvy investor in Carmel, NY!

Rent Prices In Carmel, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Carmel, NY, is on a rollercoaster ride. The average rent price in Carmel, NY, is $2,040.00. Indeed, when looking to rent in Carmel, NY, you can expect to pay as little as $1,170.00 or as much as $6,900.00, with the average rent median estimated to be $1,980.00. The good news is that finding an affordable and desirable property to rent in Carmel, NY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Carmel, NY Foreclosures


Market Trend for Carmel, NY

Total Listings Available: 70

Market Values:

Home Prices from $10,175 to $29,165,202

Average Sales Price: $542,084

Rental Values:

Rental from $1,170 to $6,900

Average Rent Value: $2,040 / month

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