Market Overview
Home Prices in Carmichaels, PA
The median home value in Carmichaels, PA is $183,156 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.6% compared to a year ago and up 3.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Carmichaels are priced55% below average.
Over the past five years, Carmichaels home values have risen by approximately24.6%, reflecting strong long-term appreciation in this market.
Price History
Carmichaels Home Price Trend
City Comparison
Carmichaels vs. National Median
At $183,156, homes in Carmichaels cost 55% below the national median of $410,000. This makes Carmichaels a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Carmichaels?
20% Down Payment
$36,631
on $183,156
Monthly P&I
$955/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,213/mo
incl. taxes & insurance
Income Needed
$48,520
gross annual (30% rule)
10% Down Option
$18,316
+ PMI applies
Loan Amount (20% dn)
$146,525
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 Carmichaels, PA?
The median home value in Carmichaels is $183,156 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.6% year-over-year.
How much have home prices changed in Carmichaels?
Over the past year, home values in Carmichaels have increased by 5.6%. Over five years, prices have risen approximately 24.6%.
How much do I need to earn to buy a home in Carmichaels?
To comfortably afford the median home price of $183,156 with a 20% down payment ($36,631) at today's rates (6.8%), you'd need a gross annual income of approximately $48,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Carmichaels compare to the national average home price?
The national median home value is approximately $410,000. At $183,156, homes in Carmichaels are 55% below the national average.