Sacramento, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Sacramento Neighborhoods Since 2000




Sacramento, CA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Sacramento Housing Market Information

With 490,712 people, 178,185 houses or apartments, and a median cost of homes of $289,061, Sacramento real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Sacramento, accounting for 59.61% of the city's housing units. Other types of housing that are prevalent in Sacramento include large apartment complexes or high rise apartments ( 23.74%), duplexes, homes converted to apartments or other small apartment buildings ( 8.04%), and a few row houses and other attached homes ( 6.86%).

The most prevalent building size and type in Sacramento are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 46.41% owning and 53.59% renting.

There is a lot of housing in Sacramento built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Sacramento built between 1940-1969 ( 33.76%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.58%). There's also some housing in Sacramento built before 1939 ( 11.08%).

Sacramento Home Appreciation Rates

Sacramento's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Sacramento during the period has been just -1.16%, which is lower than 70% of US communities.

Appreciation rates are so strong in Sacramento that despite a nationwide downturn in the housing market, Sacramento real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sacramento appreciation rates continue to be some of the highest in America, at 12.23%, which is higher than appreciation rates in 97.75% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sacramento. Sacramento appreciation rates in the latest quarter were at 2.60%, which equates to an annual appreciation rate of 10.82%.

Importantly, this makes Sacramento one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to California, our data show that Sacramento's latest annual appreciation rate is higher than 90% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Sacramento differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Sacramento - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Sacramento real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$289,061

Sacramento, CA HOME PRICES

Value Range
> $1,451,000 0.7
$1,088,001 - $1,451,000 1.2
$725,001 - $1,088,000 5.9
$580,001 - $725,000 6.5
$435,001 - $580,000 13.9
$290,001 - $435,000 24.9
$145,001 - $290,000 32.5
$73,001 - $145,000 9.7
$0 - $73,000 4.6

Low for CA
Very High for Nation

Value Relative to Nation Value Relative to State
17.4147427633892 68.6507936507936

Number Of Homes And Apartments:
178,185

Sacramento Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
95.23% 3.95% 7 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,311 / per month

Homeownership Rate

Homeownership
Owners 46.41
Renters 53.59
Vacant 7.82

Housing Market Details

 

Age of Homes

AGE OF Sacramento HOMES
2000 or Newer 16.6
1970 - 1999 38.6
1940 - 1969 33.8
1939 or Older 11.1

Types of Homes

TYPE OF Sacramento HOMES
Single-Family 59.6
Townhomes 6.9
Small Apt. Buildings 8.0
Apt. Complexes 23.7
Mobile Homes 1.7
Other 0.1

Home Size

SIZE OF Sacramento HOMES
No Bedroom 2.56
1 Bedroom 16.16
2 Bedrooms 29.29
3 Bedrooms 34.58
4 Bedrooms 14.64
5 or more bedrooms 2.78