The Sacramento housing market is very competitive. Homes in Sacramento receive 2 offers on average and sell in around 22 days. The median sale price of a home in Sacramento was $480K last month, down 3.0% since last year. The median sale price per square foot in Sacramento is $327, up 2.0% since last year.
What is the housing market like in Sacramento today?
In November 2024, Sacramento home prices were down 3.0% compared to last year, selling for a median price of $480K. On average, homes in Sacramento sell after 22 days on the market compared to 19 days last year. There were 267 homes sold in November this year, down from 285 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$480,000
-3.0% YoY | Nov 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Nov 2024
Growth
% YoY
Sacramento, CA
$480,000
-3.0%
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 13% higher than the national average. Overall cost of living in Sacramento is 27% higher than the national average. Learn which home features in Sacramento add value to a home.
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How hot is the Sacramento housing market?
Sacramento is very competitive. Homes sell in 24 days.
0
100
80
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 around list price and go pending in around 24 days.
Hot homes
can sell for about 2% above list price and go pending in around 9 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
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.
Flood Factor - Moderate
86% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Sacramento has a moderate risk of flooding. 9,613 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.
60% of properties are at risk of wildfire over the next 30 years
Fire Factor
Sacramento has a moderate risk of wildfire. There are 91,579 properties in Sacramento that have some risk of being affected by wildfire over the next 30 years. This represents 60% of all properties in Sacramento.