Much like its surrounding areas, it's significantly more expensive compared to the rest of the nation. Compared to the city of New York however, it is a lot less expensive.
Home prices
Carmel Hamlet's median home value is $357,800. It is roughly $9,580 (2%) higher in comparison to the surrounding areas.In comparison to the rest of the nation it is roughly $140,300 (64%) higher, and compared to the city of New York it is about $248,200 (40%) lower.
Rents
In Carmel Hamlet the median rent is $1,163 per month. This is about $646 (35%) lower compared to nearby areas.In comparison to the entire nation it is about $101 (9%) higher, and it is roughly $280 (19%) lower in comparison to the city of New York.
Nearby places
Lake Carmel
Lake Carmel is Carmel Hamlet's neighbor to the north. The real estate prices there are a little less expensive. The value of the median home in Lake Carmel is $277,500, which works out to $80,300 (28%) lower than Carmel Hamlet. Rents there are a lot more expensive. Lake Carmel's median monthly rent is $1,808, which is $645 (35%) higher than Carmel Hamlet.
Brewster
Brewster is approximately 3 miles east of Carmel Hamlet. The real estate prices there are a little less expensive. The median home in Brewster costs $274,000, which works out to $83,800 (30%) lower than Carmel Hamlet. Rent there is somewhat more expensive. In Brewster the median monthly rent is $1,288, which comes out to $125 (9%) higher than Carmel Hamlet.
Mahopac
Mahopac is roughly 3 miles southwest of Carmel Hamlet. Real estate prices there are pretty similar. The median home price in Mahopac is $367,500, which comes out to $9,700 (2%) higher than Carmel Hamlet. Its rents are a bit more expensive. The median monthly rent in Mahopac is $1,349, which is $186 (13%) higher than Carmel Hamlet.
Heritage Hills
Heritage Hills is roughly 5 miles south of Carmel Hamlet. The real estate prices there are a little more expensive. The median home in Heritage Hills is valued at $424,700, which is $66,900 (15%) higher than Carmel Hamlet. Rents there are a lot more expensive. The median rent in Heritage Hills is $2,759 per month, which comes out to $1,596 (57%) higher than Carmel Hamlet.
Lincolndale
Lincolndale is approximately 5 miles south from Carmel Hamlet. Its housing prices are a little more expensive. The median home in Lincolndale is valued at $397,400, which comes out to $39,600 (9%) higher than Carmel Hamlet. Its rents are significantly more expensive. In Lincolndale the median monthly rent is $1,840, which is $677 (36%) higher than Carmel Hamlet.
