Mount Carmel, Redwood City Housing Market · 2026

Data through Aug 2026

Data curated by Melanie Tan, 8 Blocks Real Estate · How this data works

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 9 homes sold in the 3 months ending August 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 August 2026

SalesWhat are homes selling for?
Median Sale Price
$3.65M
▲ Up 72.8% from August 2025
Up $1.54M from August 2025
Homes Sold
9
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$23,953/mo
7.28% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$19,969
  • Property Tax$3,800
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
7 days
▼ 28 fewer days than in August 2025
Homes sell in under a week
Sale-to-List Ratio
119.4%
▲ Up from 98.3% in August 2025
Selling 19% above asking
% Sold Over Asking
100%
100% of homes sold above their asking price
Active Listings
1
▼ Down 64.2% from August 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 72.8% year-over-year in Mount Carmel. Based on 9 sales in the last 3 months.
Homes Sold
13% more homes sold than a year ago in Mount Carmel.
Total Monthly Payment
Estimated monthly cost is up 73% 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 7.28%. 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 $3.65M, Mount Carmel, Redwood City's median sits about 105% above the Bay Area average of $1.78M. Mount Carmel, Redwood City is on the higher end of the regional market.

Within Redwood City, this area trades about 90% above the city-wide median of $1.92M.

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 19% above asking on average
  • 100% close above list price
  • 7 days typical time to go pending
  • 18% of listings have had a price reduction

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 $3.65M with 20% down at 7.28%, your estimated total monthly cost is approximately $23,953:

  • $19,969 principal and interest
  • $3,800 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra.

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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