Sacramento County, CA Home Values & Market Trends
The median home price in Sacramento County, CA is $532,997.37. There were 15,941 home sales in Sacramento County, CA over the past 12 months. The median residential Sacramento County, CA home value for transactions over the previous year is $512,624.012. The number of current listings in Sacramento County, CA is 245, and the percentage of properties for sale is 245.00%. The county has 1,149 foreclosures, 52 bank owned properties, 168 headed for auction, and 245 properties for sale.
Sacramento County, CA Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Sacramento | $ 517,750 $ 359/sqft | Rio Linda | $ 489,400 $ 364/sqft |
| Elk Grove | $ 566,125 $ 312/sqft | Walnut Grove | $ -- $ -- |
| Citrus Heights | $ 457,500 $ 349/sqft | Herald | $ -- $ -- |
| Folsom | $ 695,000 $ 370/sqft | Mather | $ -- $ -- |
| Fair Oaks | $ 675,250 $ 349/sqft | Wilton | $ -- $ -- |
| Carmichael | $ 684,400 $ 369/sqft | Elverta | $ -- $ -- |
| Rancho Cordova | $ 599,999 $ 285/sqft | Mcclellan | $ -- $ -- |
| Galt | $ 527,875 $ 350/sqft | Courtland | $ -- $ -- |
| North Highlands | $ 432,500 $ 340/sqft | Isleton | $ -- $ -- |
| Antelope | $ 545,100 $ 374/sqft | Hood | $ -- $ -- |
| Orangevale | $ 519,900 $ 411/sqft | Sloughhouse | $ -- $ -- |
Housing Market Summary for Sacramento County, CA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $440K | $519.2K | 18.00% |
| Median Sold Price | $520.7K | $519.2K | -0.28% |
| Homes For Sale | 285 | 255 | -10.53% |
| Homes Sold | 12,132 | 12,022 | -0.91% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
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Browse Homes in Sacramento County, CA
Sacramento County, CA home values range from $40,164 to $4,091,020. Folsom is the priciest city with a median listing home price of $695,000, and North Highlands is most affordable with average house prices of around $314,950.
- Pre-ForeclosurePre-foreclosure homes account for 0.22% of all residential properties in Sacramento County, CA with Sacramento containing 534 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 22 cities within Sacramento County, CA; of those cities, the estimated home value for pre-foreclosure homes ranges from $2,500,000 in Wilton to the lowest home value of $195,000 in Sacramento.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Sacramento County, CA ranges from the highest value of $1,148,229 in Folsom to the lowest value of $231,500 in Sacramento. Bank owned homes and properties account for 0.01% of properties in Sacramento County, CA. There are 22 cities within Sacramento County, CA; Sacramento containing 35 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsSacramento has 78 auction properties, the highest number of properties going to auction in a single city in the state of Sacramento County, CA. Auction homes and other auction properties account for 0.04% of all properties in Sacramento County, CA. There are 22 cities within Sacramento County, CA; of those cities, the median estimated home value for homes going to auction ranges from $966,000 in Folsom to the lowest value of $194,552 in Folsom.
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Guide for Sacramento County, CA
In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.
The Sacramento real estate market has witnessed a consistent rise in property values, with the average value increasing by 12% from March 2023 to January 2024. This trend was echoed in neighboring cities. Foreclosure trends indicate a healthy market and the increasing list and sales prices show promising growth for investors and buyers.
This blog post discusses the dynamic real estate trends in Bakersfield, noting fluctuations in property values, sale prices, and activity levels. It also highlights differences in nearby cities, showcasing diverse market conditions shaped by localized factors and broader economic trends.
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