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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

$483,313

AVERAGE PRICE OF 1,294 HOMES

$343,850

AVERAGE PRICE OF 18 DISTRESSED HOMES

$1,777,231

AVERAGE PRICE OF 68 MULTI-MILLION DOLLAR HOMES

$629,474

AVERAGE PRICE OF 38 NEWLY BUILT HOMES

$914,909

AVERAGE PRICE OF 113 HOMES WITH A POOL

$633,716

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $483,313
Avg Bedrooms 3.09 beds
Avg Bathrooms 1.96 baths

Average Price by Bedrooms

1 bedroom $263,604
2 bedrooms $357,275
3 bedrooms $443,078
4 bedrooms $609,418
5 bedrooms $917,087
Sacramento Home Price Trends
  12/2020 11/2020 10/2020 9/2020 8/2020
Total Listings 1,549 1,816 1,914 1,919 1,939
Average Price $477,396 $477,896 $481,810 $484,844 $467,679
Avg Price Change -0.10% -0.82% -0.63% +3.67% -0.79%
Median Price $390,175 $389,035 $388,066 $389,905 $384,926
Med Price Change +0.29% +0.25% -0.47% +1.29% +2.67%
Avg Bedrooms 3.06 beds 3.07 beds 3.08 beds 3.1 beds 3.06 beds
Avg Bathrooms 1.94 baths 1.95 baths 1.97 baths 1.97 baths 1.96 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Elk Grove Unified 177 $461,993 71 days
Natomas Unified 147 $488,863 48 days
Sacramento Unified 570 $496,402 52 days
San Juan Unified 197 $614,218 65 days
Twin Rivers Unified 197 $332,188 52 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,294 $483,313 56 days
Distressed Homes 18 $343,850 127 days
Multi-Million Dollar Homes 68 $1,777,231 109 days
Newly Built Homes 38 $629,474 67 days
Homes with a Pool 113 $914,909 66 days
Reduced Price Homes 6 $633,716 41 days
The LaMASTER REAL ESTATE TEAM
RE/MAX Gold
3317 Coach Lane #500
Cameron Park, CA 95682
916-790-9919
DRE# 01729220
DRE # 01729220
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SECURE FUNDING GROUP
A Division of American Pacific Mortgage
Brian Musket, Branch Manager/Loan Officer
(916) 669-1682
Licensed by Department of Business Oversight under CRMLA
Individual NMLS #233021/Company NMLS#1850
CA Lic #01838509/CA Corp Lic #01215943

metrolist logo.png 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 2021 MetroList Services, Inc.
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