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Sacramento real estate market overview

  • Average Monthly Rent: $1,368
  • Home Price/Value Percentage Change: 3.10%
  • Median Home Value: $326,400
  • Best Time To Sell a Home: November
  • Affordability Index: 116
  • Days To Sell a House: 53
  • Job Market: Weak
  • Public School Ranking: 38

Location and weather

Sacramento is in the north-central part of California. It is in the Sacramento Valley along the Sacramento River and is the capital of California. It is about 90 miles northeast of San Francisco. Famous for having gold discovered there in 1848, Sacramento quickly grew. It became the western endpoint of the Pony Express and the first California railroad. It's now the center of the region's major agricultural production.

Sacramento's warm season is from early June to late September with an average high temperature above 86% with low temperatures in the low 60's. The cold season is from late November to mid-February with an average high temperature below 62 degrees and lows in the low 50's.

Sell my house fast in Sacramento, California

Population, job market and cost of living

Sacramento's population in 2018 was 1,540,975 with an annual growth rate of 0.87%.

The job market has increased by 1.4% over the last year. 10-year future job growth is predicted to be 34.8%. The largest employers in Sacramento are Health Care & Social Assistance, Public Administration and Retail Sales. Other industries include food processing, especially almonds, aerospace, printing & publishing and the manufacturer of wood products.

The cost of living is high due to the Sacramento real estate market and higher cost of housing. With a temperate climate, amazing location, outdoor lifestyle, good job growth and major employers, Sacramento is poised to continue to grow and attract those that want the northwest California lifestyle.

Sacramento real estate market details

Hottest neighborhoods

  • River Park
  • Pocket
  • Village 9
  • East Sacramento
  • Willowcreek
  • Westlake
  • Natomas Park
  • New Era Park
  • Elmhurst
  • South Land Park

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