Sacramento County, CA Home Values & Market Trends
The median home price in Sacramento County, CA is $525,155.82. There were 15,929 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 $510,580.374. The number of current listings in Sacramento County, CA is 264, and the percentage of properties for sale is 264.00%. The county has 470 foreclosures, 46 bank owned properties, 176 headed for auction, and 264 properties for sale.
Sacramento County, CA Real Estate Market Overview
City | Median Est. Value | City | Median Est. Value |
---|---|---|---|
Sacramento | $ 526,625 $ 346/sqft | Rio Linda | $ 466,500 $ 345/sqft |
Elk Grove | $ 599,250 $ 325/sqft | Walnut Grove | $ -- $ -- |
Folsom | $ 709,000 $ 384/sqft | Herald | $ -- $ -- |
Citrus Heights | $ 446,750 $ 336/sqft | Mather | $ -- $ -- |
Rancho Cordova | $ 615,000 $ 276/sqft | Wilton | $ -- $ -- |
Fair Oaks | $ 745,000 $ 326/sqft | Elverta | $ -- $ -- |
Carmichael | $ 683,900 $ 355/sqft | Mcclellan | $ -- $ -- |
Antelope | $ 468,445 $ 369/sqft | Courtland | $ -- $ -- |
Galt | $ 518,500 $ 348/sqft | Isleton | $ -- $ -- |
Orangevale | $ 508,800 $ 350/sqft | Hood | $ -- $ -- |
North Highlands | $ 439,100 $ 356/sqft | Sloughhouse | $ -- $ -- |
Housing Market Summary for Sacramento County, CA
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $435K | $513.9K | 18.14% |
Median Sold Price | $521.5K | $513.9K | -1.45% |
Homes For Sale | 294 | 263 | -10.54% |
Homes Sold | 12,566 | 13,205 | 5.09% |
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 $38,996 to $3,923,320. Folsom is the priciest city with a median listing home price of $759,900, and North Highlands is most affordable with average house prices of around $285,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.06% of all residential properties in Sacramento County, CA with Sacramento containing 137 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 Galt to the lowest home value of $215,162 in Sacramento.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Sacramento County, CA ranges from the highest value of $1,206,924 in Folsom to the lowest value of $250,600 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 25 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsSacramento has 92 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 $992,000 in Orangevale to the lowest value of $189,014 in Orangevale.
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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.
The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.
Santa Ana’s real estate market thrives with fluctuating median property values and diverse submarkets. Recent trends indicate potential opportunities for investors with varied budgets despite market volatility, enhanced by Santa Ana’s comparatively low foreclosure rates and value-for-money square foot pricing.