The Sacramento--Roseville--Arden-Arcade, CA Metro Area is an attractive place to invest in real estate. The median housing value in the area is $535,800 which is higher than the US median housing value of $338,100. Although the US has seen a one year house appreciation of 8.27%, the appreciation of houses in the Sacramento--Roseville--Arden-Arcade, CA Metro Area for the same time period stands at 4.55%. This slowdown in appreciation may be an indication that now may be a good time to purchase houses in this area as demand for property is likely to increase.
The median home cost in Sacramento-Roseville-Folsom Metro Area is $535,800. Home appreciation the last 10 years has been 158.5%. Home Appreciation in Sacramento-Roseville-Folsom Metro Area is up 10.0%.
Average Age of Homes
- The median age of Sacramento-Roseville-Folsom Metro Area real estate is 36 years old
The Rental Market in Sacramento-Roseville-Folsom Metro Area
- Renters make up 36.4% of the Sacramento-Roseville-Folsom Metro Area population
- 1.2% of houses and apartments in Sacramento-Roseville-Folsom Metro Area, 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.