Homes in Loomis sold in a median of 12 days during the three months ending October 2026, according to Redfin. That is down 52% from 25 days in the same period of 2025, so listings found buyers in roughly half the time they did a year earlier. The faster pace came with higher prices: the median sale price rose 10.6% year-over-year to $779,458. In a town of 6,822 residents, where only 17 homes sold during the period, a handful of transactions can shift these figures noticeably. Still, the speed and price data point the same way.

The quicker turnover also showed up in the month-over-month figures. Median days on market fell 33.3% from 18 days in the three months ending September 2026. The current pace is close to where Loomis stood two years ago, when homes sold in a median of 11 days in the three months ending October 2024. It remains slower than the 8-day median recorded in the same period of 2021.

Prices continue to climb

The median sale price of $779,458 compares with $705,000 a year earlier. It also edged up 2.2% from $762,500 in the three months ending September 2026. The longer-term gains are larger. The median stood at $602,000 two years ago, and over the past five years prices have risen 25.2% from $622,500 in the three months ending October 2021.

The median price per square foot rose 3.3% year-over-year, to $464 from $449. That is a smaller gain than the 10.6% rise in the median sale price. Part of the jump in the headline median may therefore reflect larger or higher-end homes selling during the period, not just broad price growth across the market. With so few sales, the mix of homes that happened to sell can have an outsized effect on the median.

Buyers generally paid close to asking. The sale-to-list ratio was 100.3%, meaning homes sold for slightly more than their list prices on average. About 35.3% of homes sold above list price, nearly unchanged from 35.0% a year earlier. The median list price was $877,286, well above the $699,000 median a year earlier, which suggests sellers have been bringing homes to market at higher asking prices.

Nationally, home prices continued to rise year-over-year, according to the S&P/Case-Shiller U.S. National Home Price Index.

Fewer sales, tighter supply

Sales activity was thinner than a year ago. Seventeen homes sold during the three months ending October 2026, down 15% from 20 in the same period of 2025. Sales also fell 22.7% from 22 in the three months ending September 2026, a decline consistent with the usual slowdown as the market moves from summer into fall. For longer-term perspective, 44 homes sold in the same three-month window in 2021, more than twice the current total.

Supply also tightened compared with last year:

  • Active inventory: 44 listings, down 8.3% from 48 a year earlier and unchanged from the prior three-month period.
  • New listings: 26, compared with 28 a year earlier and 30 in the three months ending September 2026.
  • Months of supply: 2.6 months, a level that indicates a tight sellers’ market with limited choice for buyers.

Inventory is still higher than it was two years ago, when Loomis had 32 active listings in the three months ending October 2024. Even so, the combination of fewer listings, faster sales and rising prices points to a market that tilted further toward sellers over the past year.

Affordability under pressure

Higher prices and higher borrowing costs have made buying more expensive. According to Freddie Mac data via the Federal Reserve, the 30-year fixed mortgage rate averaged 7.33% in October 2026. That compares with 6.86% in September and 6.25% in October 2025. The 15-year fixed rate averaged 6.66% in October, up from 5.49% a year earlier.

At current rates, a buyer purchasing a median-priced Loomis home with 20% down would face a monthly principal and interest payment of about $4,288. That is $815 more per month than a year ago, when the payment on a median-priced home was about $3,473, and it reflects both the 10.6% price increase and the higher mortgage rate. The payment equals 63.1% of the median household’s monthly income, well above the 43% threshold commonly used as an affordability benchmark.

The median household income in Loomis is $81,487, according to the U.S. Census Bureau. That puts the median sale price at 9.6 times local household income, far above the 5-times level generally considered unaffordable. Despite those pressures, Loomis homes that did sell went under contract in a median of 12 days, less than half the time it took a year earlier.