Housing Prices in Sacramento, CA

How much do homes in Sacramento, CA cost?

Median List Price

$425,000

$313/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

-$17,450(-3.9%)

Key Takeaway

The list price of homes in Sacramento has decreased by 3.9% since last year.

Summary: The median home list price in Sacramento was $425,000 in April 2024, down 3.9% from the previous year, and the median price per square foot was $313.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $334.9K$291.5K
-13.0%
2 $369K$339.9K
-7.9%
3 $425K$425K
0.0%
4 $499.9K$485.9K
-2.8%
5+ $665K$754.4K
+13.5%

Summary: Sacramento housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes did not change, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 13.5%.

Median List Price Compared To Nearby Cities

Elk Grove
+7.9%
Sacramento
-3.9%

Housing Supply in Sacramento, CA

How many homes are available in Sacramento, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
85106+24.7%

Summary: The Sacramento real estate market had 106 homes for sale in April 2024, a 24.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 43
-25.0%
2 914
+55.6%
3 4553
+17.8%
4 2431
+29.2%
5+ 35
+66.7%

Summary: The Sacramento housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 55.6%, 3 bedroom homes increased by 17.8%, 4 bedroom homes increased by 29.2%, and 5+ bedroom homes increased by 66.7%.

Days on Market for Sacramento, CA

How long does it take to sell a home in Sacramento, CA?

Average Listing Age

Apr 2023Apr 2024CHANGE
79 Days43 Days-45.5%

Summary: Homes in Sacramento had an average listing age of 43 days in Apr 2024, down by 45.5% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

Newest Listings in Sacramento, CA

Nearby Markets to Sacramento, CA