West Sacramento, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating West Sacramento Neighborhoods Since 2000




West Sacramento, CA Real Estate Data


West Sacramento Housing Market Information

With 52,721 people, 17,571 houses or apartments, and a median cost of homes of $335,402, real estate costs in West Sacramento are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.

Single-family detached homes are the single most common housing type in West Sacramento, accounting for 64.85% of the city's housing units. Other types of housing that are prevalent in West Sacramento include large apartment complexes or high rise apartments ( 17.94%), duplexes, homes converted to apartments or other small apartment buildings ( 6.45%), and a few row houses and other attached homes ( 5.37%).

The most prevalent building size and type in West Sacramento are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.46% owning and 46.54% renting.

West Sacramento homes and real estate are some of the newest in America. 34.53% of West Sacramento's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the West Sacramento real estate market has to offer. Quite a bit of the housing here was also built between 1940-1969 ( 34.33%), and between 1970-1999 ( 26.80%). There's also some housing in West Sacramento built before 1939 ( 4.34%).

West Sacramento Home Appreciation Rates

Homes have actually lost value in West Sacramento over the last then years, as home values have seen a decline of 19.41% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows West Sacramento home appreciation rates at 2.58%, which equates to an annual appreciation rate of 10.74%.

Appreciation rates are so strong in West Sacramento that despite a nationwide downturn in the housing market, West Sacramento real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, West Sacramento appreciation rates continue to be some of the highest in America, at 8.49%, which is higher than appreciation rates in 93.80% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in West Sacramento. West Sacramento appreciation rates in the latest quarter were at 2.58%, which equates to an annual appreciation rate of 10.74%.

Relative to California, our data show that West Sacramento's latest annual appreciation rate is higher than 80% 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 West Sacramento differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in West 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 West Sacramento real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$335,402

West Sacramento, CA HOME PRICES

Value Range
> $1,494,000 1.0
$1,120,001 - $1,494,000 0.4
$747,001 - $1,120,000 4.7
$597,001 - $747,000 8.5
$448,001 - $597,000 16.5
$299,001 - $448,000 25.6
$150,001 - $299,000 29.4
$74,001 - $150,000 3.5
$0 - $74,000 10.5

Low for CA
Very High for Nation

Value Relative to Nation Value Relative to State
13.6265151958775 62.4834874504623

Number Of Homes And Apartments:
17,571

Rent & Ownership

 

Average Market Rent:
$1,398 / per month

Homeownership Rate

Homeownership
Owners 53.46
Renters 46.54
Vacant 6.23

Housing Market Details

 

Age of Homes

AGE OF West Sacramento HOMES
2000 or Newer 34.5
1970 - 1999 26.8
1940 - 1969 34.3
1939 or Older 4.3

Types of Homes

TYPE OF West Sacramento HOMES
Single-Family 64.9
Townhomes 5.4
Small Apt. Buildings 6.4
Apt. Complexes 17.9
Mobile Homes 4.9
Other 0.4

Home Size

SIZE OF West Sacramento HOMES
No Bedroom 1.37
1 Bedroom 13.81
2 Bedrooms 24.76
3 Bedrooms 35.96
4 Bedrooms 17.14
5 or more bedrooms 6.96

West Sacramento Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
79.00% 3.48% 5 9
* 10 is highest