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What the Sacramento housing market looks like at 5 different price points

What the Sacramento housing market looks like at 5 different price points
October 10, 2024
Stacker - Stacker

What the Sacramento housing market looks like at 5 different price points

A record rise in home prices across the country was brought about by record-low interest rates on home loans, soaring demand from buyers, and a housing shortage exacerbated by hesitancy among developers.

Sundae looked to its internal database of homes to show what houses look like at five different price points in Sacramento-Arden-Arcade-Roseville, CA, ranging from $100,000 to $1 million. For each price point in Sacramento-Arden-Arcade-Roseville, CA, Sundae lists how many houses are for sale, as well as show an example and characteristics of one of these homes.

In June, properties remained on the market for an average of just 17 daysโ€”24 less days than the year priorโ€”and the median price for an existing home was up 23% over June 2020, according to a report from the National Association of Realtors. Out of all homes on the market, 90% have generally been selling within one month.

What the Sacramento housing market looks like at 5 different price points

Continue reading to find out more about the housing market in Sacramento-Arden-Arcade-Roseville, CA.

$100,000-$200,000

- Sales of $100,000-$200,000 homes: 1,334
--- Average number of bedrooms: 2.3
--- Average square feet: 1,109

$200,000-$300,000

- Sales of $200,000-$300,000 homes: 3,543
--- Average number of bedrooms: 2.5
--- Average square feet: 1,158

$300,000-$500,000

- Sales of $300,000-$500,000 homes: 19,349
--- Average number of bedrooms: 3.0
--- Average square feet: 1,455

$500,000-$750,000

What the Sacramento housing market looks like at 5 different price points

- Sales of $500,000-$750,000 homes: 14,226
--- Average number of bedrooms: 3.4
--- Average square feet: 2,054

$750,000-$1,000,000

- Sales of $750,000-$1,000,000 homes: 3,785
--- Average number of bedrooms: 3.7
--- Average square feet: 2,710

This story originally appeared on Sundae and was produced and distributed in partnership with Stacker Studio.

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