Latest snapshot: the three months ending May 2026
Median sale prices rose modestly year-over-year in the three months ending May, even as inventory grew and homes sold faster than a year earlier.
A typical Carmichael home now carries a $2,864 monthly payment after rates climbed to 6.53%, eating four in every ten dollars of local income.
The Sacramento suburb's median rent of $1,825 remains one of the more accessible in the metro, even as it edged up modestly from a year ago.
Homes in the Sacramento suburb are selling in two weeks as inventory swells and sellers still command slightly above asking.
The Sacramento suburb's median rent rose $51 over the past year to $1,857, leaving typical households spending 25.9% of income on housing.
Buyers gained ground in March with more listings and lower prices, even as homes continued to sell quickly and nearly half closed above asking.