The Sacramento housing market is very competitive. Homes in Sacramento receive 4 offers on average and sell in around 12 days. The median sale price of a home in Sacramento was $475K last month, up 1.1% since last year. The median sale price per square foot in Sacramento is $335, up 6.3% since last year.
What is the housing market like in Sacramento today?
In February 2024, Sacramento home prices were up 1.1% compared to last year, selling for a median price of $475K. On average, homes in Sacramento sell after 12 days on the market compared to 35 days last year. There were 277 homes sold in February this year, down from 305 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$475,000
+1.1% YoY | Feb 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2024
Growth
% YoY
Sacramento, CA
$475,000
+1.1%
United States
To compare other locations to the Sacramento and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Sacramento's median sale price is 15% higher than the national average. Overall cost of living in Sacramento is 20% higher than the national average. Learn which home features in Sacramento add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Sacramento housing market?
Sacramento is very competitive. Homes sell in 19 days.
0
100
81
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 19 days.
Hot homes
can sell for about 3% above list price and go pending in around 7 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Sacramento
Explore recent offers and recently sold homes in Sacramento
Recent offers
Offer Not Accepted|
7 Weeks Ago
~$550K Offer
Sold for $550K
3bd | 2ba | ~1,750sqft
Over List Price
8%
Days on Market
6
Competing Offers
9
Down Payment
~20%
Debbie Olson
Sacramento Redfin Agent
Fixer in great neighborhood that had multiple offers pushing above asking price
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
Phoebe A. Hearst Elementary School
Public • K-6 • Choice school
675
Students
28 reviews
9/10
Crocker/riverside Elementary School
Public • K-6
663
Students
10 reviews
8/10
Sutterville Elementary School
Public • K-6
500
Students
22 reviews
8/10
Caleb Greenwood Elementary School
Public • K-6
538
Students
7 reviews
8/10
William Land Elementary School
Public • K-6
425
Students
18 reviews
Only showing 5 of
100+ elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Sacramento housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Sacramento.
Risk Factor
Flood Factor - Major
86% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Sacramento has a major risk of flooding. 10,019 properties in Sacramento are likely to be
severely affected
by flooding over the next 30 years. This represents 86% of all properties in Sacramento. Flood risk is increasing slower than the national average.
52% of properties are at risk of wildfire over the next 30 years
Fire Factor
Sacramento has a moderate risk of wildfire. There are 78,901 properties in Sacramento that have some risk of being affected by wildfire over the next 30 years. This represents 52% of all properties in Sacramento.