Elk Grove, CA 95757 boasts an impressive median housing value of $673,800 according to recent data. This is more than double the US median house value of $338,100, meaning that Elk Grove is a much sought-after residential area with an overall high quality of life. While the US house appreciation rate was 8.27% in the past year, Elk Grove's 1 year appreciation rate in housing was only 2.25%. Despite this relatively low rate, the high median housing value indicates that homes in this area retain their value well.
The median home cost in Elk Grove (zip 95757) is $673,800. Home appreciation the last 10 years has been 143.8%. Home Appreciation in Elk Grove (zip 95757) is up 10.0%.
Average Age of Homes
- The median age of Elk Grove (zip 95757) real estate is 12 years old
The Rental Market in Elk Grove (zip 95757)
- Renters make up 29.0% of the Elk Grove (zip 95757) population
- 0.1% of houses and apartments in Elk Grove (zip 95757), 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.