CA · Metro #26

Sacramento - CA housing market

The Sacramento metro has a typical home value of $584,122, down 1.3% from a year ago. Homes are moving fast at 14 days on market, a strong seller's market. 25% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$584,122
-1.3% vs. year ago
Median sale price
$565,602
-0.3% YoY
Median list price
$621,800
Sale-to-list ratio
99.9%
Selling below ask
Days on market
14d
Listings w/ price cut
25.1%
New listings / mo
2,782
+1.7% YoY
Homes for sale
6,907
-3.1% YoY
Typical rent
$2,308/mo
+2.0% YoY
Context

How to read this data

The typical home value ($584,122) is the Zillow Home Value Index for the Sacramento - CA metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are down 1.3% over the past year. A home worth $591,816 last year is now worth roughly $584,122.

The median sale price , what homes actually close for , is $565,602. Homes are selling at 99.9% of list price, meaning buyers have room to negotiate.

Homes listed in Sacramento - CA sit on the market for roughly 14 days before going pending. Shorter = seller's market; longer = buyer's market.

About 25.1% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 2,782 new listings hit the market each month in Sacramento - CA. There are currently 6,907 homes for sale, down 3.1% from a year ago.

The typical monthly rent in Sacramento - CA is $2,308, up 2.0% year over year. For investors, the price-to-rent ratio here is roughly 21x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Covered Home Repairs
Related

Other metros in CA

MetroHome value1-yr changeDays on market
Los Angeles - CA$968,028 +0.6% 21.0d
San Francisco - CA$1,142,320 +0.1% 15.0d
Riverside - CA$586,047 -0.6% 26.0d
San Diego - CA$940,998 -0.6% 17.0d
San Jose - CA$1,583,961 -0.9% 16.0d
Fresno - CA$411,441 +0.9% 19.0d
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