Home prices
The median home in Lake Carmel costs $277,500. It is about $47,220 (14%) lower compared to its surrounding areas.It is about $60,000 (27%) higher in comparison to the entire country, and in comparison to the city of New York is approximately $328,500 (54%) lower.
Rents
Lake Carmel's median rent is $1,808 per month. This is approximately $385 (27%) higher compared to its nearby areas.It is roughly $746 (70%) higher compared to the US as a whole, and in comparison to the city of New York it is roughly $365 (25%) higher.
Nearby places
Carmel Hamlet
Carmel Hamlet is Lake Carmel's neighbor to the south. The housing prices there are somewhat more expensive. The median home price in Carmel Hamlet is $357,800, which comes out to $80,300 (22%) higher than Lake Carmel. Rents there are substantially less expensive. Carmel Hamlet's median rent is $1,163 per month, which works out to $645 (55%) lower than Lake Carmel.
Brewster
Brewster is about 4 miles southeast of Lake Carmel. Housing prices there are pretty similar. The value of the median home in Brewster is $274,000, which comes out to $3,500 (1%) lower than Lake Carmel. Its rents are substantially less expensive. In Brewster the median monthly rent is $1,288, which is $520 (40%) lower than Lake Carmel.
Putnam Lake
Putnam Lake is approximately 5 miles east of Lake Carmel. Real estate prices there are somewhat less expensive. The value of the median home in Putnam Lake is $235,300, which works out to $42,200 (17%) lower than Lake Carmel. Its rents are a bit less expensive. Putnam Lake's median rent is $1,647 a month, which comes out to $161 (9%) lower than Lake Carmel.
Mahopac
Mahopac is about 6 miles southwest from Lake Carmel. Housing prices there are somewhat more expensive. The median home in Mahopac is valued at $367,500, which is $90,000 (24%) higher than Lake Carmel. The rent there is a lot less expensive. The median monthly rent in Mahopac is $1,349, which comes out to $459 (34%) lower than Lake Carmel.
Peach Lake
Peach Lake is approximately 7 miles southeast of Lake Carmel. The housing prices there are a bit more expensive. The median home price in Peach Lake is $389,000, which works out to $111,500 (28%) higher than Lake Carmel. Rent there is somewhat less expensive. The median monthly rent in Peach Lake is $1,667, which is $141 (8%) lower than Lake Carmel.
