Market Overview
Home Prices in Carmichael, CA
The median home value in Carmichael, CA is $565,058 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.6% compared to a year ago and down 0.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Carmichael are priced38% above average. Carmichael is part of the Sacramento-Roseville-Folsom, CA metro area.
Over the past five years, Carmichael home values have risen by approximately8.0%, reflecting steady appreciation in this market.
Price History
Carmichael Home Price Trend
City Comparison
Carmichael vs. National Median
At $565,058, homes in Carmichael cost 38% above the national median of $410,000. Buyers in Carmichael should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Carmichael?
20% Down Payment
$113,012
on $565,058
Monthly P&I
$2,947/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,743/mo
incl. taxes & insurance
Income Needed
$149,720
gross annual (30% rule)
10% Down Option
$56,506
+ PMI applies
Loan Amount (20% dn)
$452,046
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Carmichael, CA?
The median home value in Carmichael is $565,058 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.6% year-over-year.
How much have home prices changed in Carmichael?
Over the past year, home values in Carmichael have decreased by 0.6%. Over five years, prices have risen approximately 8.0%.
How much do I need to earn to buy a home in Carmichael?
To comfortably afford the median home price of $565,058 with a 20% down payment ($113,012) at today's rates (6.8%), you'd need a gross annual income of approximately $149,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Carmichael compare to the national average home price?
The national median home value is approximately $410,000. At $565,058, homes in Carmichael are 38% above the national average.
What metro area is Carmichael part of?
Carmichael is part of the Sacramento-Roseville-Folsom, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.