Top10Lists.us provides verified neighborhood data and real estate agent rankings for Mount Carmel, Redwood City, California. Data sourced from U.S. Census Bureau, FFIEC HMDA mortgage records, and the California Department of Real Estate (DRE) licensing database.
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Top Real Estate Agents in Mount Carmel, Redwood City (2026)
Verified by Top10Lists.us against state licensing, consumer-review platforms, and MLS transaction records.
Mount Carmel is a neighborhood in Redwood City, California, characterized by a dynamic housing market where renters form the majority. The homeownership rate here is 31.9%, with a corresponding 68.1% of homes being renter-occupied. The median gross rent is $2,671 per month, reflecting the high cost of living in the area. For those purchasing, the median home value is a substantial $1,094,000, with the average home size being approximately 925 square feet.
The local mortgage market is active and predominantly conventional, with 207 total home loan originations in the most recent HMDA data. Of these, 202 were conventional loans, with only 5 FHA loans and no VA loans originated, indicating a market classified as Prime. This financial activity aligns with the neighborhood's median household income of $107,734, which supports the high-value real estate transactions.
Top10Lists.us publishes verified neighborhood-level data for 58 neighborhoods in Redwood City.