Housing Prices in Elk Grove, CA

How much do homes in Elk Grove, CA cost?

Median List Price

$715,000

$310/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$56,000(+8.5%)

Key Takeaway

The list price of homes in Elk Grove has increased by 8.5% since last year.

Summary: The median home list price in Elk Grove was $715,000 in October 2024, up 8.5% from the previous year, and the median price per square foot was $310.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $345K$375K
+8.7%
2 $435K$494.4K
+13.7%
3 $538.9K$558.8K
+3.7%
4 $695K$735K
+5.8%
5+ $783.6K$800.3K
+2.1%

Summary: Elk Grove housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes increased by 13.7%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 2.1%.

Median List Price Compared To Nearby Cities

Elk Grove
+8.5%
Sacramento
+7.4%

Housing Supply in Elk Grove, CA

How many homes are available in Elk Grove, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3833-13.2%

Summary: The Elk Grove real estate market had 33 homes for sale in October 2024, a 13.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 69
+50.0%
4 2114
-33.3%
5+ 1010
0.0%

Summary: The Elk Grove housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 33.3%, 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

Oct 2023Oct 2024CHANGE
143 Days68 Days-52.3%

Summary: Homes in Elk Grove had an average listing age of 68 days in Oct 2024, down by 52.3% compared to the previous year.

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

Report Updated 17 Days Ago

Newest Listings in Elk Grove, CA

Nearby Markets to Elk Grove, CA

What housing markets are near Elk Grove, CA?