The story of this market
The typical home in ZIP 93924 sells for about $1,500,000, or $773 per square foot.
Homes take about 129 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,416 a month.
ZIP 93924 — Carmel Valley
The 93924 market is characterized by high entry prices around $1.5 million, requiring significant capital and risk tolerance for investors. Current market signals suggest that achieving pro forma returns is challenging, necessitating careful analysis for potential buyers.
This area is suited for high-net-worth individuals and experienced investors capable of absorbing the risks associated with a $1.5M median price point.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 129 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 93924, Monterey County CA
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%).
not determinable
- Round1 Bowling & Arcade - Salinas4.116.9 mi
- Treasure Hunt: The Ride4.713.2 mi
- Chuck E. Cheese416.1 mi
- WeatherTech Raceway Laguna Seca4.87.5 mi
- The Quail4.67.5 mi
- Monterey County Fairgrounds4.410.8 mi
- Folktale Winery & Vineyards4.55.9 mi
- Earthbound Farm Stand4.57.4 mi
- Point Lobos State Natural Reserve4.812.1 mi
- Old Fisherman's Wharf4.512.4 mi
- WeatherTech Raceway Laguna Seca4.87.5 mi
- Carmel Mission Basilica4.611.3 mi
- Dennis The Menace Playground4.811.8 mi
- Old Fisherman's Wharf4.512.4 mi
- Carmel Mission Basilica4.611.3 mi
- Point Pinos Lighthouse (1855)4.615.4 mi
- National Steinbeck Center4.714.3 mi
- Cannery Row Antiques Mall4.513 mi
- Point Lobos State Natural Reserve4.812.1 mi
- Calla Lily Valley4.710.8 mi
- Garrapata State Park4.89.7 mi
- Toro Park4.79 mi
- Carmel River State Beach4.811.5 mi
- Discovery Whale Watch4.912.4 mi
- Breakwater Cove Marina4.612.6 mi
- Sail Monterey4.912.4 mi
- Municipal Wharf4.712.1 mi
- The Quail4.67.5 mi
- Del Monte Golf Course4.510.9 mi
- Monterey Pines Golf Club4.410.6 mi
- Laguna Seca Golf Ranch4.27.2 mi
- Del Monte Shopping Center4.411.7 mi
- Safeway4.210.4 mi
- Safeway4.310.6 mi
- Carmel Plaza4.511.6 mi
- Earthbound Farm Stand4.57.4 mi
- Monterey Regional Airport4.49.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.