The housing median value in 95624 Elk Grove, CA is $583,800 which is higher than the US House Median Value of $338,100. Despite this, the US House Appreciation rate of 8.27% for the last year is higher than Elk Grove's rate of 3.56%. Therefore it suggests that the house prices in Elk Grove are not appreciating at as quick a rate as other parts of the country. Nevertheless, since the house median value in Elk Grove is significantly higher than the national average it still remains an attractive area to buy property for those who can afford it.
The median home cost in Elk Grove (zip 95624) is $583,800. Home appreciation the last 10 years has been 147.6%. Home Appreciation in Elk Grove (zip 95624) is up 9.7%.
Average Age of Homes
- The median age of Elk Grove (zip 95624) real estate is 22 years old
The Rental Market in Elk Grove (zip 95624)
- Renters make up 22.8% of the Elk Grove (zip 95624) population
- 0.1% of houses and apartments in Elk Grove (zip 95624), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.