Latest snapshot: the three months ending July 2026
The city's median sale price rose 3% year over year to nearly $515,000, a modest gain that stood out against softer price trends in many nearby markets.
The council took up two housing-related items this week — a new parcel map splitting a property at 3849 Y Street and a plan to recover unpaid fees the city racked up dealing with dangerous and blighted buildings.
The City Council took steps to bring in new state money for sheltering young adults experiencing homelessness, and also tweaked local rules on how many pets residents can keep.
More homes changed hands in the three months ending June than a year earlier, though buyers waited slightly longer for sellers to accept as prices barely budged.
The typical Sacramento rent hit its highest level on record in June, yet the year-over-year gain of less than 1% marks one of the slowest stretches in recent memory.
The City Council moved to finance a new affordable apartment project, extended contracts with two major shelter operators, and called for a hard look at what its homeless programs actually deliver.
City leaders dug into how much Sacramento spends on shelter beds and whether the spending is working, while also lining up next year's federal housing funds and a state grant for Meadowview neighborhood upgrades.
City Council examined yearly performance of Sacramento's main affordable housing programs, while planners take up a revised plan for the Deer Creek Plaza site. A routine ethics-code update for the city's housing agency also moved forward.
Sacramento's median sale price fell 2.1% year-over-year while the per-square-foot price dropped just 1.8%, suggesting a shift toward smaller homes rather than broad price weakness.
The City Council signed contracts with five local hotels to house homeless families, authorized tax-exempt bonds for a new apartment project, and accepted its annual report on the city's 20-year growth plan.