The housing situation in Sacramento, CA County is relatively strong when compared to the nationwide average. The median value of a house in Sacramento County is $489,000 which is higher than the US House Median Value of $338,100. Additionally, although the US House Appreciation rate is 8.27%, the House Appreciation Rate in Sacramento County over the past year has been 5.33%, showing that people are continuing to invest in real estate in the area. Overall, this suggests that potential homeowners should feel confident investing in housing in Sacramento County as they will be able to get their money’s worth and see a return on their investment.
The median home cost in Sacramento County is $489,000. Home appreciation the last 10 years has been 165.1%. Home Appreciation in Sacramento County is up 10.1%.
Average Age of Homes
- The median age of Sacramento County real estate is 38 years old
The Rental Market in Sacramento County
- Renters make up 41.0% of the Sacramento County population
- 1.3% of houses and apartments in Sacramento County, 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.