West Sacramento, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating West Sacramento Neighborhoods Since 2000




West 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

West Sacramento Housing Market Information

With 52,721 people, 17,930 houses or apartments, and a median cost of homes of $345,187, 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 65.59% of the city's housing units. Other types of housing that are prevalent in West Sacramento include large apartment complexes or high rise apartments ( 17.50%), duplexes, homes converted to apartments or other small apartment buildings ( 6.35%), and a few mobile homes or trailers ( 5.36%).

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 53.36% owning and 46.64% renting.

West Sacramento homes and real estate are some of the newest in America. 35.71% 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 ( 33.56%), and between 1970-1999 ( 26.49%). There's also some housing in West Sacramento built before 1939 ( 4.24%).

West Sacramento Home Appreciation Rates

West Sacramento's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in West Sacramento during the period has been just -1.13%, which is lower than 70% of US communities.

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 11.74%, which is higher than appreciation rates in 97.12% 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 2.60%, which equates to an annual appreciation rate of 10.82%.

Importantly, this makes West 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 West 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 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:
$345,187

West Sacramento, CA HOME PRICES

Value Range
> $1,426,000 0.5
$1,069,001 - $1,426,000 0.7
$713,001 - $1,069,000 4.8
$570,001 - $713,000 8.5
$428,001 - $570,000 18.5
$285,001 - $428,000 26.3
$142,001 - $285,000 27.2
$71,001 - $142,000 2.7
$0 - $71,000 10.7

Low for CA
Very High for Nation

Value Relative to Nation Value Relative to State
12.5571311379351 61.1111111111111

Number Of Homes And Apartments:
17,930

West 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
91.21% 3.83% 6 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,050 / per month

Homeownership Rate

Homeownership
Owners 53.36
Renters 46.64
Vacant 4.90

Housing Market Details

 

Age of Homes

AGE OF West Sacramento HOMES
2000 or Newer 35.7
1970 - 1999 26.5
1940 - 1969 33.6
1939 or Older 4.2

Types of Homes

TYPE OF West Sacramento HOMES
Single-Family 65.6
Townhomes 4.8
Small Apt. Buildings 6.3
Apt. Complexes 17.5
Mobile Homes 5.4
Other 0.4

Home Size

SIZE OF West Sacramento HOMES
No Bedroom 1.63
1 Bedroom 13.76
2 Bedrooms 25.00
3 Bedrooms 35.26
4 Bedrooms 17.61
5 or more bedrooms 6.74