Sacramento Real Estate Market Trends
Market Overview for Quarter 3, 2024
Median Sale Price
1.9% YoY
Median Price/Sqft
0.9% YoY
No. of Transactions
-21.4% YoY
County Median Sale Price
-0.9% YoY
In Q3, the median home sale price in Sacramento was $476K, a change of 1.9% year-over-year. There were a total of 1566 transactions, down -21.4% compared to the same period last year. In Q3, the median price per square foot was $322, a change of 0.9% year-over-year. The median home sale price in Sacramento County was $525K.
Sales information for last quarter cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.
Top Cities in Sacramento County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | Folsom | $759,500 |
| 2 | Elk Grove | $618,000 |
| 3 | Fair Oaks | $595,000 |
| 4 | Orangevale | $593,000 |
| 5 | Carmichael | $575,500 |
| 6 | Galt | $559,750 |
| 7 | Rancho Cordova | $542,000 |
| 8 | Antelope | $490,000 |
| 9 | Sacramento | $476,750 |
| 10 | Citrus Heights | $470,000 |
| 11 | Rio Linda | $467,500 |
| 12 | North Highlands | $385,000 |
Residential Property Types Sold in Sacramento
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | $273K | -1.1% | $299 | 4.2% | 108 |
| House | $489K | 1.3% | $324 | 1.3% | 1,458 |
The median sale price for houses in Sacramento in Q3 was $489K, showing no significant change year-over-year. Sacramento condos also showed static pricing trends year-over-year, coming in at $273K in Q3.
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