Carmichael Housing Market Report – May 2026
Here's a look at how the Carmichael, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 73
- Median Sale Price: $600,000
- Average Sale Price: $687,033
- Average Price Per Sq Ft: $353
- Average Days on Market: 52
- Sale-to-List Price Ratio: 100.2%
Month-Over-Month Trends
Compared to April, the median sale price in Carmichael moved 0.8% up (from $595,500 to $600,000). The number of homes sold was 1.4% up compared to the prior month (72 vs. 73). Average days on market shifted 6.1% up (49 days to 52 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 3.5% up (from $579,900 to $600,000). Sales volume is 43.1% up year-over-year.
What This Means
Carmichael's housing market is showing steady confidence heading into summer, with prices climbing and buyers actively competing for homes. The median price of $600,000 represents solid year-over-year growth of 3.5%, while the sale-to-list ratio of 100.2% indicates that homes are selling right at asking price—a sign that pricing is realistic and inventory is balanced enough to prevent bidding wars. This measured appreciation suggests the market isn't overheating, but rather finding equilibrium after the volatility of recent years.
The uptick in days on market from 49 to 52 days is a gentle reminder that properties aren't flying off shelves like they did during pandemic-era frenzies. At just over seven weeks average, homes are still moving reasonably quickly, but buyers have slightly more breathing room to make decisions. This is typical seasonal behavior as May transitions into the traditionally competitive summer months. With 176 active listings on the market, inventory levels are healthy relative to monthly sales, which should keep price increases moderate.
The single-family home dominance in sales reflects Carmichael's character as a suburban community. If you're considering selling, current conditions favor you; if you're buying, you've got adequate selection without the pressure of multiple-offer situations.
Carmichael Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95608 | 73 | $600,000 | $353 | 52 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 66 | $626,000 | $363 |
| TOWNHOMES | 4 | $310,750 | $256 |
| CONDOS | 2 | $334,750 | $245 |
| MULTI_FAMILY | 1 | $584,000 | $316 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $200K - $299K | 1 |
| $300K - $399K | 7 |
| $400K - $499K | 16 |
| $500K - $749K | 27 |
| $750K+ | 22 |
Current Active Listings
As of this report, there are 176 active listings in Carmichael with a median asking price of $599,450 and an average of 60 days on market.
Thinking About Selling Your Carmichael Home?
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