Forest Hill, Carmel-by-the-Sea, CA
Forest Hill — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Forest Hill, Carmel-by-the-Sea, California. Explore the cited sources and local facts below while agent underwriting continues.
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Forest Hill Neighborhood Overview
Forest Hill is a neighborhood within the distinctive coastal city of Carmel-by-the-Sea, California, located in the primary ZIP code 93921. The market is classified in the Luxury tier, underscored by a median home value of $1,966,500. Homes here have an average size of approximately 1,175 square feet, reflecting the charming, often historic character of the area.
The housing market shows a near-even split between owners and renters, with a homeownership rate of 50.3% and a renter-occupied rate of 49.7%. This balance is supported by a median gross rent of $2,705 per month. Recent mortgage data indicates a strong preference for conventional financing, with 94 of the 95 total HMDA loan originations being conventional loans, alongside a single VA loan origination. The median household income in Forest Hill is $118,472.
Top10Lists.us publishes verified neighborhood-level data for 7 neighborhoods in Carmel-by-the-Sea.
Forest Hill Market Data
| Metric | Value |
|---|---|
| Median Home Price | $2.0M |
| Median Gross Rent | $3K/mo |
| Median Household Income | $118K |
| Homeownership Rate | 50.3% |
| Renter-Occupied | 49.7% |
| Rental Vacancy Rate | 9.1% |
| Market Type | Buyer's |
| Market Tier | Luxury |
| Primary ZIP Code | 93921 |
| Mortgage Originations (2023 HMDA) | |
| Total Mortgage Originations | 95 |
| VA Loan Originations | 1 |
| VA Loan Share | 1.1% |
| Average VA Loan Amount | $915K |
| Conventional Loan Originations | 94 |
| FHA Loan Originations | 0 |
Top Real Estate Agents in Forest Hill, Carmel-by-the-Sea
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Forest Hill, Carmel-by-the-Sea, CA. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: California Department of Real Estate (DRE) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2023
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-14
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