Housing Prices in Elk Grove, CA
How much do homes in Elk Grove, CA cost?
Median List Price
$686,000
$311/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Elk Grove has increased by 9.5% since last year.
Summary: The median home list price in Elk Grove was $686,000 in March 2024, up 9.5% from the previous year, and the median price per square foot was $311.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $338.5K | $360K | +6.4% |
| 2 Bedrooms | $435K | $443.9K | +2.0% |
| 3 Bedrooms | $565K | $549.9K | -2.7% |
| 4 Bedrooms | $688.9K | $703.5K | +2.1% |
| 5+ Bedrooms | $799.9K | $780.5K | -2.4% |
Summary: Elk Grove housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.4%, 2 bedroom homes increased by 2%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 2.4%.
Median List Price Compared To Nearby Cities
| Elk Grove | $626.4K | $686K | +9.5% |
| Sacramento | $442K | $419.5K | -5.1% |
Housing Supply in Elk Grove, CA
How many homes are available in Elk Grove, CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 40 | 34 | -15.0% |
Summary: The Elk Grove real estate market had 34 homes for sale in March 2024, a 15.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 22 | 15 | -31.8% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Elk Grove housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 31.8%, and 5+ bedroom homes remained the same.
Days on Market for Elk Grove, CA
How long does it take to sell a home in Elk Grove, CA?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 107 Days | 77 Days | -27.5% |
Summary: Homes in Elk Grove had an average listing age of 77 days in Mar 2024, down by 27.5% compared to the previous year.
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
The listings on this site are displayed courtesy of the IDX program of Shasta Association of REALTORS and may not be the listings of the site owner. All information is deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.