Latest snapshot: the three months ending August 2026
The typical Loomis home sold for nearly $110,000 more than a year ago, yet prices per square foot barely moved — a sign larger homes drove the headline gain.
The town's headline sale price surged past $799,000 in July, yet a far smaller rise in price per square foot suggests buyers were simply purchasing larger homes.
The median sale price rose more than 20% from a year earlier, one of the sharpest gains among area cities, even as sales activity stayed thin.
Homes in the small Placer County town spent just 10 days on the market this spring, down sharply from a year ago as inventory tightened and bidding intensified.
A jump in 30-year rates to 6.53% pushes the median Loomis mortgage payment past half of local household income, an extreme by any standard.
The median sale price fell sharply from a year earlier even as sales volume climbed and homes took more than a week longer to find buyers.
The small Placer County town's median sale price fell nearly 14% year-over-year in March, even as price per square foot climbed and inventory loosened.