Sacramento

Why you'd want to live in Sacramento

Many people think Sacramento's best attribute is that it's located in between destinations like San Francisco and Lake Tahoe. Sacramento enjoys boasting about a reasonable cost of living, abundant sunshine and ethnic diversity, young professionals and middle-class families are leading a population boom not seen since the Gold Rush. Economic development and a resurgent real estate market are providing exciting opportunities for locals and newcomers alike. Foodies will also find Sacramento offers an abundance of casual and fine dining opportunities. Sitting in the heart of the Central Valley, the metro area is at the forefront of the farm-to-fork movement. Residents have access to an abundance of fresh, locally sourced foods from nearby farms, wineries and breweries. Sacramento residents benefit from a desirable income to cost-of-living ratio. The average annual income is higher than the national average, which may still be relatively low by California. Although the median home sale price in Sacramento is significantly higher than the national median, they're noticeably lower than those in other major California metro areas – which is one of the factors helping to drive Sacramento's population growth.

Sacramento Market Report

$650,716

AVERAGE PRICE OF 1,671 HOMES

$679,549

AVERAGE PRICE OF 21 DISTRESSED HOMES

$1,959,238

AVERAGE PRICE OF 184 MULTI-MILLION DOLLAR HOMES

$679,051

AVERAGE PRICE OF 58 NEWLY BUILT HOMES

$596,036

AVERAGE PRICE OF 310 HOMES WITH A POOL

$519,078

AVERAGE PRICE OF 102 REDUCED PRICE HOMES

Average Home

Average Price $650,716
Avg Bedrooms 2.44 beds
Avg Bathrooms 1.8 baths

Average Price by Bedrooms

1 bedroom $290,166
2 bedrooms $405,889
3 bedrooms $540,333
4 bedrooms $679,996
5 bedrooms $1,055,704
Sacramento Home Price Trends
  8/2024 7/2024 6/2024 5/2024 4/2024
Total Listings 1,620 1,567 1,495 1,362 1,214
Average Price $658,944 $709,667 $702,272 $704,489 $713,729
Avg Price Change -7.70% +1.05% -0.32% -1.31% -3.45%
Median Price $503,379 $517,710 $525,538 $527,766 $521,083
Med Price Change -2.85% -1.51% -0.42% +1.28% +1.24%
Avg Bedrooms 2.47 beds 2.49 beds 2.46 beds 2.45 beds 2.44 beds
Avg Bathrooms 1.81 baths 1.83 baths 1.82 baths 1.79 baths 1.77 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,671 $650,716 64 days
Distressed Homes 21 $679,549 63 days
Multi-Million Dollar Homes 184 $1,959,238 118 days
Newly Built Homes 58 $679,051 92 days
Homes with a Pool 310 $596,036 45 days
Reduced Price Homes 102 $519,078 51 days
RE/MAX Gold
The LaMaster Real Estate Team
RE/MAX Gold
Cameron Park / El Dorado Hills / Placerville
DRE #01729220
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Mortgage Consultants Group
Brian Musket, Branch Manager
916-669-1682
Individual NMLS #233021/Corp NMLS #1850
CA Lic #01838509 CA Corp Lic #01215943

The real estate listing data marked with this icon comes from the IDX program of the Sacramento Metrolist Multiple Listing Service™ system. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. Copyright 2024 MetroList Services, Inc.
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