Sacramento, CA
Housing Market
Sacramento's housing market is dynamic, with home prices and demand constantly shifting. Houzeo's housing market report monitors these fluctuations, providing real-time insights into Sacramento's supply and demand trends. Our report equips you with the information you require to make well-informed decisions.
Verified Data
Updated Monthly
Fast Insights
Real-time Analytics
Last updated
Overview
Supply
Demand
Buy or SellSacramento Housing Market Overview
The Sacramento real estate market is highly competitive at present. Median home values in the city are up by 1.4% YoY, and homes stay on the market for only 20 days before going under contract. With an average price of $505,000, 1,339 homes were sold this month, which is an increase of 3.8% from last year. This kind of upward momentum in the market signals opportunities for both buyers and sellers.
Sacramento's real estate market is a key driver of California's economy. The city has experienced steady home price appreciation over the years. But the housing market in Sacramento is currently going through a shift, in part due to the wildfires in January 2025. The upward trend in demand and mortgage rates, along with the more or less stagnant inventory, makes the market more competitive. On the flip side, buyers have a wide range of options to choose from, whether it's single-family homes or luxury apartments.
Sacramento's real estate market is a key driver of California's economy. The city has experienced steady home price appreciation over the years. But the housing market in Sacramento is currently going through a shift, in part due to the wildfires in January 2025. The upward trend in demand and mortgage rates, along with the more or less stagnant inventory, makes the market more competitive. On the flip side, buyers have a wide range of options to choose from, whether it's single-family homes or luxury apartments.
Median Sale Price
$
0% year-over-year
All Home Types 
1 year
3 year
5 year
Sacramento
Sacramento Housing Supply
The city draws property investors who seek stronger yields than coastal markets. Sacramento's government establishments and growing technology sector also attract primary homebuyers. There are 650 Sacramento homes for sale on the market at present, which represents a dramatic 59.3% surge from the previous year. This includes 471 newly listed Sacramento homes, up 28.3% year-over-year. The city has 2.2 months of housing supply, which creates an intensely competitive environment.
The housing market in Sacramento follows traditional California real estate seasonality. Spring and early summer bring peak listing activity. Sellers heavily market their properties while buyers conduct focused searches during these prime months. Both parties aim to complete transactions before the summer heat arrives. Properties in sought-after districts like Midtown and Land Park maintain their appeal despite growing inventory. As a result, buyers should carefully evaluate their options and identity negotiation opportunities when purchasing real estate in Sacramento.
The housing market in Sacramento follows traditional California real estate seasonality. Spring and early summer bring peak listing activity. Sellers heavily market their properties while buyers conduct focused searches during these prime months. Both parties aim to complete transactions before the summer heat arrives. Properties in sought-after districts like Midtown and Land Park maintain their appeal despite growing inventory. As a result, buyers should carefully evaluate their options and identity negotiation opportunities when purchasing real estate in Sacramento.
# of Homes for Sale
0% year-over-year
All Home Types
1 year
3 year
5 year
Sacramento
Sacramento Housing Demand
The city's real estate market is highly competitive at the moment. 45.2% of houses in Sacramento, CA, sell above list price, a 10.3 percentage point decrease from the previous year. Meanwhile, 38% of sellers accepted less than their asking price. The sale-to-list price ratio is now at 100.2%, which indicates that sellers maintain a slight advantage. Homeowners in Sacramento typically secure figures matching or exceeding their asking amounts.
When selling your Sacramento home, adopt a strategic pricing strategy to attract motivated buyers. Also, adjust your expectations given the declining percentage of above-list sales. You can consider listing your home on the California MLS to maximize your exposure in these conditions. On the other hand, the inventory growth provides buyers with more options to choose from, even in Sacramento's competitive environment.
When selling your Sacramento home, adopt a strategic pricing strategy to attract motivated buyers. Also, adjust your expectations given the declining percentage of above-list sales. You can consider listing your home on the California MLS to maximize your exposure in these conditions. On the other hand, the inventory growth provides buyers with more options to choose from, even in Sacramento's competitive environment.
Homes Sold Above List Price
%0% year-over-year
All Home Types
1 year
3 year
5 year
Sacramento
Strong
Buyer
Buyer
Balanced
Seller
Strong
Seller
Buyer’s Market
Seller’s Market
Balanced: Neither buyers nor sellers dominate the market. Supply meets demand, prices stay stable, and both parties negotiate on an equal footing.
Sacramento Housing Market: When to Buy or Sell?
Sacramento's housing market shows both buyer-friendly and seller-friendly conditions, like the California housing market. When competition is low with increased inventory, Sacramento home buyers have more negotiation opportunities. Contrarily, sellers can benefit from higher prices and quicker sales when demand outpaces supply.
Moreover, if the months of Sacramento's housing supply rise above the balanced conditions of the US real estate market (5 to 6 months), buyers will have more time to consider their options. Meanwhile, sellers can receive multiple offers on their Sacramento houses for sale when the months of supply are around 2-3 months. Knowledge of these market forces can help you decide the best time to buy or sell your house.
From Hot Trends to Hidden Gems—All in Your Pocket!
The Houzeo app brings the entire real estate journey to your fingertips. Browse, list, and close—anytime, anywhere.
Download the Houzeo Mobile App Now!
Check the Real Estate Trends in Your State
- Alabama Housing Market
- Alaska Housing Market
- Arizona Housing Market
- Arkansas Housing Market
- California Housing Market
- Colorado Housing Market
- Connecticut Housing Market
- Delaware Housing Market
- Florida Housing Market
- Georgia Housing Market
- Hawaii Housing Market
- Idaho Housing Market
- Illinois Housing Market
- Indiana Housing Market
- Iowa Housing Market
- Kansas Housing Market
- Kentucky Housing Market
- Louisiana Housing Market
- Maine Housing Market
- Maryland Housing Market
- Massachusetts Housing Market
- Michigan Housing Market
- Minnesota Housing Market
- Mississippi Housing Market
Show more
Search by Top Cities in California
- San Bruno Housing Market
- Sacramento Housing Market
- Atherton Housing Market
- San Diego Housing Market
- San Francisco Housing Market
- Los Angeles Housing Market
- San Mateo Housing Market
- Carlsbad Housing Market
- Palm Springs Housing Market
- San Jose Housing Market
- Irvine Housing Market
- Oakland Housing Market
- Palo Alto Housing Market
- Santa Barbara Housing Market
- Fresno Housing Market
- Temecula Housing Market
- Santa Cruz Housing Market
- Santa Rosa Housing Market
- Bakersfield Housing Market
- Walnut Creek Housing Market
- Modesto Housing Market
- Laguna Woods Housing Market
Frequently Asked Questions
How has the average home price in Sacramento, CA, changed over the past year?
Sacramento's median home price has increased minimally by 1.4% over the past year. The average value stands at $505,000 in today's market. You can determine your property's current value with our free home value estimator.
What are the latest housing market predictions for Sacramento?
Sacramento home prices will likely remain stable, with modest growth in the coming months. Demand should stay strong despite dramatically improved inventory. Rising mortgage rates may temper the market's enduring appeal.
What's the average real estate price in Sacramento?
Sacramento's median house prices vary significantly by neighborhood and property features. They range from $355,000 for starter condos to $456,000 for townhouses. For more accessible options, you can explore cheap houses for sale in Sacramento, CA.
Is this a good time to buy a house in Sacramento, California?
You can find opportunities for investments if you analyze Sacramento market conditions. Currently, buyers benefit from increasing inventory, despite high competition.
What are the current housing market trends in Sacramento?
Homes in Sacramento, CA, typically sell within 20 days of listing. The expanding inventory creates improved buyer leverage across most neighborhoods. Before buying or selling in Sacramento, review the city's housing market trends for optimal timing.
When will the Sacramento housing market crash?
A housing market crash in Sacramento is unlikely in the foreseeable future. Strong sales volume, improving but still limited overall supply, and the city's continued appeal support market stability.
How to buy a house in Sacramento, California?
Begin with a budget and secure mortgage pre-approval. Then, explore available Sacramento, CA, homes for sale. Submit strategic offers, finalize financing, and complete the closing process.
How can I list my houses for sale in Sacramento, CA?
Market your Sacramento property with a Flat Fee MLS California listing service. High-tech MLS platforms like Houzeo provide appropriate documentation based on your specific location. 🚀
What are the current mortgage rates in Sacramento, CA?
Mortgage rates in Sacramento typically fluctuate between 6.3% and 7.1%. Your exact rate depends on current economic conditions and your personal credit score. Always compare current rates among multiple lenders.
How much does it cost to live in Sacramento?
The average cost of living in Sacramento exceeds the US median by 20%. The city offers the benefits of California living at relatively affordable costs. Housing in Sacramento is the largest expense, with the median sale price at $505,000. Food and entertainment are cheaper than Bay Area standards.
Important Legal Disclosures