The median value of housing in Sacramento, CA 95831 is $582,600. This is significantly higher than the US median value of $338,100 and indicates that the real estate market in this area is quite strong. In addition, while the US one year house appreciation rate is 8.27%, it is 2.88% for housing in Sacramento, CA 95831 suggesting a slower but still growing trend in real estate values. Overall, this makes Sacramento an attractive option for potential buyers looking to invest in a home in the area.
The median home cost in Sacramento (zip 95831) is $582,600. Home appreciation the last 10 years has been 179.4%. Home Appreciation in Sacramento (zip 95831) is up 10.4%.
Average Age of Homes
- The median age of Sacramento (zip 95831) real estate is 37 years old
The Rental Market in Sacramento (zip 95831)
- Renters make up 40.5% of the Sacramento (zip 95831) population
- 1.9% of houses and apartments in Sacramento (zip 95831), 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.