Each unit has received it's own unique renovation. Welcome to a stunning and spacious home in a well-established neighborhood, conveniently located near a golf course and walking distance to a good rating school. Use Redfin's home value estimator to get a free, instant home-value estimate, see nearby sales and market trends, and update your home facts and photos. Open Sat 11AM - 2PM. ClimateCheck analyzes a property's risk from climate change using the latest modeling and data from climate scientists, universities, and federal agencies. House featured 3 bedrooms, 2 full baths, High ceiling, skylight in kitchen, granite counter tops in kitchen counter and both bathrooms, stainless stell sink, Both bathrooms have windows, 2 car garage, low maintenance front and back yard and within Elk grove Unified school district. Kishia Larkins Tracy Fig Therefore, finding the best investment property in Sacramento in a growing neighborhood would be key to your success. The Central Valley region experienced a 4.8% month-to-month increase in prices. View more property details, sales history, and Zestimate data on Zillow. Well maintained community provides beautiful landscaping without any needed yard work. A 2-bedroom house sold in Grass Valley sells for $1.3 million. There were 478 homes sold in May this year, down from 561 last year. Retreat to the tranquil primary suite, featuring picturesque views. Virginia Home Prices & Home Values | Zillow Keller Williams Realty Green Haven Capital, Inc. HomeSmart ICARE Realty, HomeSmart ICARE Realty HomeSmart ICARE Realty, HomeSmart ICARE Realty Talent Real Estate, See the top-ranked neighborhoods and homes in Sacramento. Jennifer Franco $1.3 million house with 5 bedrooms sells in Folsom. Although this article alone is not a comprehensive source to make a final investment decision for Sacramento, we have collected evidence-based positive things for those who are keen to invest in the Sacramento real estate market. How To Invest in Real Estate During a Recession? Single-family detached homes account for roughly 60% of Sacramento's housing units. 7841 sqft lot with a large front yard, plenty of parking, and a private backyard with mature landscape. Virginia Home Values $372,301 3.1% 1-yr. Looking for the quintessential Tudor styled home in Land Park, then look no further. This is increasing the value of homes on the western side of the Sacramento real estate market since theyve become a de facto suburb of the Bay Area. When looking for the best real estate investments in Sacramento, you should focus on neighborhoods with relatively high population density and employment growth. Zillow's metrics aim to inform and support the decision-making process with relevant market data by measuring monthly market changes across various geographies and housing types. Portfolio Real Estate. In May 2023, the median sold price of existing single-family homes in Sacramento County was $535,000. This makes the Sacramento real estate market much healthier since it contains a true income mix. Sacramento is home to approximately 466,259 people and . These are quite affordable neighborhoods with a low entry price of homes, high cash-on-cash returns, and a positive appreciation forecast for the coming years. 30251 Golden Lantern, Suite E-261 With an abundance of light from all the windows and such a desirable location, you will want to call this place home before you leave! TREC:Info About Brokerage Services,Consumer Protection Notice. The median sale price of a home in Sacramento was $490K last month, down 7.5% since last year. Recent updates include plantation shutters, fresh paint, stainless gas stove and fridge, laminate flooring in downstairs bedroom and in office nook, and new ceiling fans. https://www.abc10.com/article/news/local/5-rent-controlled-cities-in-california/103-591256565 $1.2 million house with 5 bedrooms sells in Folsom. The floor plan is open and airy, but still maintains separate living spaces for when you have guests over. Other types of housing that are prevalent in Sacramento include duplexes, rowhouses, and homes converted to apartments. SWIMMING POOL! This is why SmartAsset ranked the city as the third healthiest housing market in the state. Welcome to Sacramento's Established South Pocket Area, where you will find this spacious 2790sqft. Unit 2 presents a cozy and charming setting. The nonviolent crime stats are also skewed due to the more lenient authorities in San Francisco and Los Angeles. The rise and fall of Detroit and the current decline of other rust belt cities are testaments to this. Advent Properties, Inc. Picture Perfect Midtown Home! The housing supply is very tight compared to the demand for property here. Big Block Realty, Inc. 1st Time on the Market! Michael Lee As the housing market evolves, it's crucial to stay informed and work closely with real estate professionals to make informed decisions that align with individual goals and circumstances. The less expensive the Sacramento investment property is, the lower your ongoing expenses will be. REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO. The average homes sell for around list price and go pending in around, This data does not reflect actual moves. Sacramento CA Single Family Homes For Sale - 434 Homes | Zillow Sacramento CA For Sale For Sale Price Price Range New List Price Monthly Payment Minimum - Maximum Apply Beds & Baths Bedrooms Bathrooms Apply Home Type (1) Home Type Houses Townhomes Multi-family Condos/Co-ops Lots/Land Apartments Manufactured Apply More filters There are 89 neighborhoods in Sacramento. Experience the pinnacle of luxury at Westlake Villas! Its a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more. So much curb appeal with a beautifully landscaped front yard that leads you to the front porch and large picture windows. Norada Real Estate Investments does not predict the future US housing market. Overall, neither Sacramento nor California produced nearly the same amount of new housing that occurred during the states big building boom more than a decade ago, when home construction in Sacramento peaked at 4,000 new units, city officials said. To be included in this dataset, a Redfin.com user The backyard has a covered patio, low maintenance, serene, private and large enough for entertaining. A side benefit of the more affordable Sacramento housing market is that homelessness is almost nonexistent in Sacramento. View pictures of homes, review sales history, and use our detailed filters to find the perfect place. These gorgeous floors are featured in the dining room, breakfast nook and bedrooms. Every detail has been meticulously designed, ensuring a modern and inviting atmosphere. https://realestate.usnews.com/places/california/sacramento/jobs The backyard is a tranquil fully landscaped oasis with plenty of vegetation and fruit tress to enjoy throughout the year. Insurance costs were calculated at 0.5 percent of value. Zillow (Canada), Inc. holds real estate brokerage licenses in multiple provinces. 442-H New York Standard Operating Procedures New York Fair Housing NoticeTREC: Information about brokerage services, Consumer protection noticeCalifornia DRE #1522444Contact Zillow, Inc. Additionally, this home includes a fenced private patio and two assigned parking spaces. This is a must see! Additional updates and improvements include newer interior and exterior lighting, dual pain windows, HVAC, new driveway and backyard hardscaping, fencing and electronic gate lending to a more private and secure backyard. This home is not one you want to skip out on. Michael Soares The Giraffe Encounters is a local favorite, allowing visitors to get up close and personal to feed the gentle giants. Enter your address, press enter to submit Get started Frequently asked questions Why use a home value estimator tool? What home prices will look like in 2023, according to Zillow's revised West Sacramento CA Home Prices & Home Values | Zillow 10 most transit-friendly neighborhoods in Sacramento, 10 most bikeable neighborhoods in Sacramento, 10 most walkable neighborhoods in Sacramento. A native of upstate New York, he is a graduate of the UC Berkeley School of Journalism. In any property investment, cash flow is gold. With four bedrooms and a loft upstairs, as well as three full bathrooms including one bedroom and bath down stairs, this house offers ample accommodation. Vincent Wells REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. This home is also energy efficient and has smart home features that include a keyless entry, security system, tankless water heater, mini-split AC system, and dual pane windows throughout. You'll be pleasantly surprised by the amount of space in this unit; offering nearly 700 sqft of living space. Climate Sacramento Housing Market Trends What is the housing market like in Sacramento today? In this report, we will delve into the latest data and statistics to provide an overview of the market's performance in April 2023. All you have to do is fill up this form and schedule a consultation at your convenience withour team to see if Sacramento makes sense as a place to invest today. Sacramento continues to make the city friendlier for cycling. There are dual pane windows throughout for energy efficiency, newer wood laminate floors in the main living area and is ready for move-in. Months of Inventory: The Months of Inventory decreased slightly from 1.2 months to 1.1 months. Click on a state in the migration map to view the number of people who are searching to move into a state versus out of a state, Explore recent offers and recently sold homes in. Zillow: These 30 housing markets saw falling home prices in Julybut Sacramento, CA Real Estate - Sacramento Homes for Sale - Redfin Theyre replaced by lower-skilled, lower-paid legal and illegal immigrants. Your new home is on a quiet street close to the greenbelt for walking and biking trails, near shopping, gas, great schools and restaurants. Well-maintained townhouse just steps from the gorgeous American River Parkway and a bike ride away from Sacramento State. This ratio indicates that, on average, homes in Sacramento are selling very close to their listed prices. Zillow is more than a place to browse homes. The 2,532 Square Feet single family home is a 5 beds, 3 baths property. Your dream home awaits! Los Angeles Homes for Sale; San Diego Homes for Sale; See what other nearby homes have recently sold. Should you consider Sacramento real estate investment? A side benefit of the relatively affordable Sacramento real estate market and increasing demand is that any Sacramento real estate investment will see significant appreciation. That's down 2.9 percentage points from last. Kitchen features white tile countertopss, equipped with a stainless steel stove, dishwasher, built-in microwave, & the pantry cabinetry is next to the fridge. Is Zillow's Home Value Estimator Accurate? The Truth Revealed About This Home Single level home on usable 10 acres has been lovingly cared for by current owners since 2013. For those considering Sacramento real estate investment, median rents of around 1700 dollars a month in Sacramento dont sound as appealing as the 4000 dollars a month in San Francisco and 3400 dollars a month in San Jose. This metric indicates the amount of time it would take for the current rate of sales to deplete the total active listing inventory. Great for first time home buyers, investments, and people who need quick access to freeway. It is a starting point for home buyers and sellers to understand what a home is worth. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. Buying a rental property requires research, planning, and budgeting. Today, that figure is at a record high $259,000 - a 106% increase in just two decades. Stacey Harrison Richard Goore They are well-informed about critical factors that affect your specific market areas, such as changes in market conditions, market forecasts, consumer attitudes, best locations, timing, and interest rates. Coldwell Banker Realty, $359,000 With over 3,000 square feet, 4 bedrooms, a loft, 2 and 1/2 bathrooms and 3 car garage, there is plenty of space for comfortable living. Zestimate is Zillow's estimate of the current market value of a home. On the corner with no neighbors on one side and no one in front of you! Around 50% of households are renter-occupied. Housing Foreclosure Rates and Statistics 2023, Utah Housing Market (Salt Lake City) Trends & Forecast 2023, New Hampshire Housing Market: Price, Trends, Forecast 2023, Fort Collins Housing Market: Prices, Trends, Forecast 2023. Open Sat 12 - 3PM. It shows that price increases have been modest in many of the south Placer County suburbs, the foothills and in some neighborhoods of Sacramento. As you approach the home, begin by passing through the beautiful drought tolerant landscaping with drip irrigation, there is a smart landscaping controller, and it is prewired for landscape lighting, this is amongst a gorgeous travertine flagstone pathway, all installed in 2020, and the brand-new driveway gate installed in 2022. However, sales were still down by 20.1% when compared to May 2022. Sales Price Distribution: In April 2023, approximately 39.3% of home sales were above the list price, indicating a competitive market. Lots of natural light and wainscoting all throughout - everything you would expect from a custom craftsman home. Recent updates, including quartz countertops, freshly painted cabinets in the kitchen and appx 2yrs interior paint, master bathroom and laundry floors have given the home a modern look. Everything is within your reach. One bedroom was converted to a TV room with French doors opening onto a small deck leading to the backyard and detached 2-car garage. In addition to houses in Sacramento, there were also 83 condos, 11 townhouses, and 54 multi-family units for sale in Sacramento last month. This gives the Sacramento housing market a source of slowly increasing demand and rising property values. Consumer protection notice, Berkshire Hathaway Home Services Drysdale Properties, Christie's International Real Estate Sereno, 442-H New York Standard Operating Procedures. Hagginwood is the most affordable neighborhood, with a median listing price of $278K (Realtor.com). Elk Grove is considered one of the fastest-growing cities in California with the area formerly being a farming town. The Sacramento housing market is very competitive. The city remains a choice landing spot for coastal emigres tired of skyrocketing housing costs and long commutes. This report was released by the Sacramento Association of REALTORS. The open concept kitchen with stainless appliances overlooks a grand dining area that is perfect for hosting gatherings. You're greeted by a sunken living room in the center of the home. For example, the average rental rates in the Sacramento housing market went up nearly 9 percent year over year in 2018. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. The brand new appliances, new flooring, and new dual pane windows make this home move-in ready, saving you time and effort. An open-concept layout seamlessly connects living, dining, and kitchen areas, perfect for entertaining guests or enjoying cozy evenings with loved ones. Step inside to fantastic sealed concrete floors and large vaulted ceilings! https://www.neighborhoodscout.com/ca/sacramento/real-estate, Top Reasons to Invest in Sacramento The interactive map below shows the average home value for every community in the. https://www.sfgate.com/expensive-san-francisco/article/uhaul-sacramento-san-francisco-moving-exodus-13509219.php One of the many highlights of this property is the oversized 2-car garage, offering not only parking space but also abundant storage. Sacramento CA For Sale Price Price Range New List Price Monthly Payment Minimum - Maximum Beds & Baths Bedrooms Bathrooms Apply Home Type Home Type Deselect All Houses Townhomes Multi-family Condos/Co-ops Lots/Land Apartments Manufactured Apply More (1) More filters Additional features encompass a USB electrical outlet, a stylish wall-mounted hood, a built-in oven and microwave, sleek quartz countertops in the kitchen and island, a spacious stainless steel kitchen sink, and upgraded countertops with dual sinks in the two upstairs bathrooms. The 20 percent higher cost of living is a bargain, too, compared to the California coast. The area offers white water rafting, hot air balloons, mountain biking, fishing, and nature walks. MOVE-IN READY, One-story, 4/2, 1,785 SF home, built in 1999, located in lovely Vintage Park. With increased sales volume and a rise in the median sales price, the market showed signs of sustained competition. Condos for Sale in Sacramento, CA - Redfin Used under license. Location in midtown is walking distance to fabulous restaurants, shopping, schools and parks. We make it easy for you to find the right financing solutions, so you can get the home you want. his property offers two separate units making it an excellent multi-family home or investment opportunity! The median sale price per square foot in Sacramento is $338, down 3.2% since last year. Open floorplan with formal living/dining combo, and family/kitchen combo. It is receiving an influx of middle-class and working-class people from around the state who dont want to leave California. In 2015 the separate laundry area was upgraded and the second bath was added with a beautiful walk in shower. If you invest wisely in Sacramento real estate, you could secure your future. *Double Driveway offers even More Parking*Plenty of Room to Play on the Almost 1/4 Lot*Steps Away from the Pocket Canals and Greenbelt*Large Living Room with Fireplace*Separate Dining Area*Large Kitchen*3 Bedrooms/2 Baths*Sun Room at the Entrance*Xeriscaped Front Yard is Drought Tolerant*Close to TK-8th Grade Schools and the I-5 Freeway*Remodel Blueprints Available too!
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