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

$704,131

AVERAGE PRICE OF 1,490 HOMES

$423,206

AVERAGE PRICE OF 23 DISTRESSED HOMES

$2,001,072

AVERAGE PRICE OF 203 MULTI-MILLION DOLLAR HOMES

$738,798

AVERAGE PRICE OF 39 NEWLY BUILT HOMES

$722,779

AVERAGE PRICE OF 260 HOMES WITH A POOL

$597,891

AVERAGE PRICE OF 91 REDUCED PRICE HOMES

Average Home

Average Price $704,131
Avg Bedrooms 2.46 beds
Avg Bathrooms 1.81 baths

Average Price by Bedrooms

1 bedroom $324,970
2 bedrooms $427,106
3 bedrooms $548,520
4 bedrooms $736,723
5 bedrooms $1,063,531
Sacramento Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 1,362 1,214 1,030 1,011 994
Average Price $704,489 $713,729 $738,352 $690,966 $679,580
Avg Price Change -1.31% -3.45% +6.86% +1.68% +5.40%
Median Price $527,766 $521,083 $514,723 $504,922 $499,180
Med Price Change +1.28% +1.24% +1.94% +1.15% +4.18%
Avg Bedrooms 2.45 beds 2.44 beds 2.4 beds 2.32 beds 2.33 beds
Avg Bathrooms 1.79 baths 1.77 baths 1.76 baths 1.71 baths 1.72 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,490 $704,131 60 days
Distressed Homes 23 $423,206 43 days
Multi-Million Dollar Homes 203 $2,001,072 94 days
Newly Built Homes 39 $738,798 88 days
Homes with a Pool 260 $722,779 48 days
Reduced Price Homes 91 $597,891 45 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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