Mount Carmel, Redwood City Housing Market · 2026

Data through Mar 2026

Mount Carmel, Redwood City Market Snapshot

Mount Carmel is one of the most competitive markets in the Bay Area, and it's still heating up. Here's what you need to know:

Based on 5 homes sold in March 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Enough to see the trend, but individual sales still move the median. Updated weekly.

Data through March 2026

SalesWhat are homes selling for?
Median Sale Price
$2.51M
Up 0.4% from March 2025
Up $10K from March 2025
Homes Sold
5
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$15,529/mo
6.53% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$12,732
  • Property Tax$2,615
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
10 days
26 fewer days than in March 2025
Homes sell in a week or two
Sale-to-List Ratio
105.9%
Up from 99.6% in March 2025
Selling 6% above asking
% Sold Over Asking
80%
80% of homes sold above their asking price
Active Listings
2
Down 33.3% from March 2025
About 0.4 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Mount Carmel.

Median Sale Price
Up 0.4% year-over-year in Mount Carmel. Based on 5 sales in the most recent month.
Homes Sold
About the same sales volume as a year ago in Mount Carmel.
Total Monthly Payment
Estimated monthly cost is down 2% from a year ago in Mount Carmel, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.53%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Mount Carmel, Redwood City

Is now a good time to buy in Mount Carmel, Redwood City?

Mount Carmel, Redwood City is one of the most competitive markets in the Bay Area. Buyers should expect to offer above asking price, be prepared to waive contingencies, and act fast. Coming in with strong financing and a clear strategy is essential.

How do Mount Carmel, Redwood City home prices compare to the Bay Area average?

At $2.51M, Mount Carmel, Redwood City's median sits about 34% above the Bay Area average of $1.88M. Mount Carmel, Redwood City is on the higher end of the regional market.

Within Redwood City, this area trades about 30% above the city-wide median of $1.93M.

By home type:

  • Single-family homes at $2.56M
  • Condos at $410K
What price range should I budget for in Mount Carmel, Redwood City?

Prices in Mount Carmel, Redwood City depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Single-family homes at $2.56M
  • Condos at $410K

Individual listings vary widely based on location, size, and condition. The best calibration is to narrow to a few specific neighborhoods you are considering and look at recent sales there.

How competitive is Mount Carmel, Redwood City for buyers?

Mount Carmel, Redwood City is one of the Bay Area's more competitive markets:

  • Homes sell about 6% above asking on average
  • 80% close above list price
  • 10 days typical time to go pending

Buyer strategy: budget 5 to 10% above ask on well-priced listings, with financing pre-approved and offers ready to move quickly.

What will my total monthly cost be on a median-priced Mount Carmel, Redwood City home?

At $2.51M with 20% down at 6.53%, your estimated total monthly cost is approximately $15,529:

  • $12,732 principal and interest
  • $2,615 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra. Condo buyers typically budget an additional $300 to $700 per month for HOA, and townhome HOAs run $200 to $500.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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