Buyers returned to El Dorado Hills this spring in noticeably larger numbers, even as sellers conceded a bit of ground on price. Newly released Redfin data for the three months ending April 2026 shows 194 homes changed hands in the El Dorado County city of about 51,000 residents — a 14.1% increase from the 170 sales recorded in the same period a year earlier. At the same time, the median sale price fell 3.5% year-over-year to $867,052, down from $899,000 in the spring of 2025.

Prices ease as buyers gain a small edge

The pullback in prices was modest but consistent across measures. On a per-square-foot basis, the median came in at $362, down 1.1% from $366 a year ago — a smaller drop than the headline median, suggesting the mix of homes sold hasn’t shifted dramatically toward smaller properties. Homes sold for 98.5% of their list price on average, and 24.2% closed above asking, almost identical to the 24.7% share a year earlier. In other words, the market remains competitive, but the days of routine bidding wars have eased.

The combination of slightly lower prices and lower borrowing costs has meaningfully changed the monthly math for buyers. The 30-year fixed mortgage rate averaged 6.33% in April 2026, down from 6.72% a year earlier, according to Freddie Mac. On a median-priced El Dorado Hills home with 20% down, the principal-and-interest payment works out to roughly $4,307 per month — about $343 less than it would have cost a year ago.

Even with that relief, affordability remains stretched. El Dorado Hills’ median household income is $165,349, according to the U.S. Census Bureau, putting the median home price at about 5.2 times annual household income — above the level economists typically consider affordable. The estimated mortgage payment consumes roughly 31% of median household monthly income.

More homes, but they’re still moving

Inventory continues to build. Active listings averaged 443 over the three-month period, up 5.7% from a year ago and up 20.4% from the three months ending March. New listings rose to 311, compared with 296 a year earlier. At the current sales pace, El Dorado Hills has about 2.3 months of supply — still firmly in seller’s-market territory, though not as tight as it was at the peak of the pandemic-era frenzy, when homes were selling in just seven days.

Homes took a median of 23 days to sell, one day longer than the 22 days recorded a year earlier and essentially unchanged from two years ago. The bigger shift came from the prior three-month period ending in March, when homes were sitting a median of 34 days — a 32.4% drop in time-on-market that reflects the seasonal pickup buyers typically bring to spring listings.

Compared with the three months ending March 2026, the median sale price slipped 7.3% from $935,500, while sales jumped 33.8% from 145 transactions. Some of that swing is normal spring activity, but the magnitude of the sales increase is notable.

The longer view

Stepping back, El Dorado Hills prices have moved within a relatively narrow band. The current median of $867,052 sits slightly below the $890,000 recorded in the three months ending April 2024, and just 3.8% above the $835,000 median from five years ago, in the spring of 2021. By comparison, sales volume remains well below the 265 homes that traded in that same 2021 window, when mortgage rates were near historic lows and homes were finding buyers in a median of seven days.

Nationally, the S&P/Case-Shiller U.S. National Home Price Index was roughly flat year-over-year, indicating that the U.S. housing market broadly has cooled from its earlier pace of appreciation.

Bottom line

El Dorado Hills enters the heart of the spring season with more listings, more sales, and slightly lower prices than a year ago. The local market remains tilted toward sellers based on months of supply, but the share of homes selling above asking and the small uptick in days on market suggest buyers are facing somewhat less pressure than in recent springs. Lower mortgage rates have trimmed monthly payments by several hundred dollars compared with last April, providing a modest tailwind to the affordability picture even as home prices remain a stretch for the typical household.