Housing Prices in Sacramento, CA

How much do homes in Sacramento, CA cost?

Median List Price

$439,900

$319/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$29,900(+7.3%)

Key Takeaway

The list price of homes in Sacramento has increased by 7.3% since last year.

Summary: The median home list price in Sacramento was $439,900 in November 2024, up 7.3% from the previous year, and the median price per square foot was $319.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $240K$288K
+20.0%
2 $345K$340K
-1.4%
3 $407.4K$439.8K
+8.0%
4 $475K$492.5K
+3.7%
5+ $678.8K$697.5K
+2.8%

Summary: Sacramento housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 2.8%.

Median List Price Compared To Nearby Cities

Elk Grove
+7.7%
Sacramento
+7.3%
West Sacramento
-4.2%
East Yolo
-4.2%

Housing Supply in Sacramento, CA

How many homes are available in Sacramento, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
150156+4.0%

Summary: The Sacramento real estate market had 156 homes for sale in November 2024, a 4.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 23
+50.0%
2 2935
+20.7%
3 6972
+4.3%
4 3637
+2.8%
5+ 149
-35.7%

Summary: The Sacramento housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes decreased by 35.7%.

Days on Market for Sacramento, CA

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

Average Listing Age

Nov 2023Nov 2024CHANGE
97 Days65 Days-32.5%

Summary: Homes in Sacramento had an average listing age of 65 days in Nov 2024, down by 32.5% compared to the previous year.

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

Report Updated 13 Days Ago

Newest Listings in Sacramento, CA

Nearby Markets to Sacramento, CA