Housing Prices in Sacramento, CA
How much do homes in Sacramento, CA cost?
Median List Price
$419,593
$309/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Summary: The median home list price in Sacramento was $419,593 in March 2024, down 5.1% from the previous year, and the median price per square foot was $309.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $334.9K | $279.9K | -16.4% |
2 Bedrooms | $354.9K | $339.9K | -4.2% |
3 Bedrooms | $434.9K | $424.9K | -2.3% |
4 Bedrooms | $499K | $469.5K | -5.9% |
5+ Bedrooms | $975K | $702.7K | -27.9% |
Summary: Sacramento housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.4%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 27.9%.
Median List Price Compared To Nearby Cities
Elk Grove | $626.4K | $686K | +9.5% |
Sacramento | $442K | $419.5K | -5.1% |
Housing Supply in Sacramento, CA
How many homes are available in Sacramento, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
77 | 83 | +7.8% |
Summary: The Sacramento real estate market had 83 homes for sale in March 2024, a 7.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 15 | 9 | -40.0% |
3 Bedrooms | 39 | 45 | +15.4% |
4 Bedrooms | 17 | 22 | +29.4% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Sacramento housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes increased by 100%.
Days on Market for Sacramento, CA
How long does it take to sell a home in Sacramento, CA?
Average Listing Age
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
98 Days | 47 Days | -52.0% |
Summary: Homes in Sacramento had an average listing age of 47 days in Mar 2024, down by 52% compared to the previous year.