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
Key Takeaway
The list price of homes in Sacramento has decreased by 5.1% since last year.
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.
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. 
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