Housing Prices in Sacramento, CA

How much do homes in Sacramento, CA cost?

Median List Price

$440,222

$318/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$30,222(+7.4%)

Key Takeaway

The list price of homes in Sacramento has increased by 7.4% since last year.

Summary: The median home list price in Sacramento was $440,222 in October 2024, up 7.4% from the previous year, and the median price per square foot was $318.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $240K$288.5K
+20.2%
2 $339.9K$347K
+2.1%
3 $409.8K$440K
+7.3%
4 $479.4K$489.9K
+2.2%
5+ $645K$695K
+7.8%

Summary: Sacramento housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.2%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 7.8%.

Median List Price Compared To Nearby Cities

Elk Grove
+8.5%
Sacramento
+7.4%
West Sacramento
-2.5%
East Yolo
-2.5%

Housing Supply in Sacramento, CA

How many homes are available in Sacramento, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
142157+10.6%

Summary: The Sacramento real estate market had 157 homes for sale in October 2024, a 10.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 42
-50.0%
2 2229
+31.8%
3 6873
+7.4%
4 3038
+26.7%
5+ 1815
-16.7%

Summary: The Sacramento housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 31.8%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes decreased by 16.7%.

Days on Market for Sacramento, CA

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

Average Listing Age

Oct 2023Oct 2024CHANGE
91 Days62 Days-32.3%

Summary: Homes in Sacramento had an average listing age of 62 days in Oct 2024, down by 32.3% compared to the previous year.

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

Report Updated 20 Days Ago

Newest Listings in Sacramento, CA

Nearby Markets to Sacramento, CA