Sacramento Region
6 cities covered
Cities in this region
Carmichael prices climbed faster than most of the region this spring
Citrus Heights homes sold three days quicker despite flat sales volume
Fair Oaks keeps its tight-inventory edge as buyers move faster this spring
Rancho Cordova listings sat nearly a week longer despite 11% more sales
Sacramento’s median climbed 3% to nearly $515,000, bucking softer nearby markets
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71 reportsFair Oaks rents climb to $2,024 as renters keep a comfortable income cushion
Median rent in the Sacramento suburb rose 3.5% over the past year, but local incomes leave typical tenants well below the rent-burden threshold.
Sacramento rents barely budge, climbing just 1% to $1,995 as wage growth outpaces increases
The capital city's typical rent rose only $19 over the past year, leaving renters with a slightly smaller share of income going to housing.
Carmichael rents climb past $1,850 as renters keep just under the burden line
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.
Rancho Cordova’s median home price fell nearly $90,000 from a year ago
Newly released March data shows prices down 14.8% year-over-year, even as homes sold faster and buyers saved roughly $578 a month compared to last spring.
Sacramento region splits in two as Fair Oaks heats up and Rancho Cordova cools
Newly released Redfin data for March shows a wide gap across the region, with prices climbing more than 10% in two cities and falling nearly 15% in another.
Carmichael’s median home price slips below $560K as inventory swells 17%
Buyers gained ground in March with more listings and lower prices, even as homes continued to sell quickly and nearly half closed above asking.
Sacramento home construction slid 21% in March as California permits jumped 22%
Builders pulled 632 residential permits across the Sacramento region, a sharp underperformance against a statewide pace that surged more than 22% year over year.
Citrus Heights homes are sitting nearly twice as long as last spring
The median home took 20 days to sell in March, up from 11 a year ago, even as buyers paid $388 less per month thanks to lower prices and rates.
Fair Oaks homes are selling twice as fast as last spring
Median days on market dropped to just 10 in March, down from 20 a year earlier, as more than half of homes sold above asking price.
Sacramento homes are sitting nearly a week longer than last spring
The median home took 23 days to sell in March, up from 17 a year earlier, even as sales picked up and prices held nearly flat.