City-owned Homes And Land in Sacramento, CA

Current Market Conditions in Sacramento, CA

The Sacramento real estate market has seen significant growth in the past few years, characterized by a rise in home prices and demand. With its proximity to San Francisco and Silicon Valley, many buyers are looking to Sacramento for affordable housing alternatives.

Currently, Sacramento's housing inventory is relatively low, which has driven up competition among buyers. As a result, homes in desirable neighborhoods are being sold quickly, often above asking price.

Rent Prices In Sacramento, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sacramento, CA, is on a rollercoaster ride. The average rent price in Sacramento, CA, is $1,756.00. Indeed, when looking to rent in Sacramento, CA, you can expect to pay as little as $620.00 or as much as $5,550.00, with the average rent median estimated to be $1,670.00. The good news is that finding an affordable and desirable property to rent in Sacramento, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.