There are currently 219,505 real estate properties in Sacramento, CA, with a median automated valuation model (AVM) price of $486,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sacramento, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Sacramento, CA, is $527,142.00, with the most expensive house in Sacramento, CA, topping out at $88,566,000.00 and the cheapest home in Sacramento, CA, clocking in at $20,000.00. In other words, there’s something for every potential homebuyer or savvy investor 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 $1,823.00. Indeed, when looking to rent in Sacramento, CA, you can expect to pay as little as $620.00 or as much as $5,720.00, with the average rent median estimated to be $1,730.00. 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Sacramento, CA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Sacramento, CA and much more. Save thousands at closing with home foreclosure listings in Sacramento, CA — up to 75% off market value!
Sacramento is located in Sacramento, California, with an estimated municipal population of 513,624 residents. All of the best foreclosed homes for sale in Sacramento are located in the following zip code areas on Foreclosure.com: 95820 95838 95832 95833 95831 95834 95835 95811 95814 95815 95816 95818 95819 95828 95821 95823 95822 95825 95824 95826 95817 94203 94204 94205 94207 94208 94209 94211 94229 94230 94232 94234 94235 94236 94237 94239 94240 94244 94245 94247 94248 94249 94250 94252 94254 94256 94257 94258 94259 94261 94262 94263 94267 94268 94269 94271 94273 94274 94277 94278 94279 94280 94282 94283 94284 94285 94287 94288 94289 94290 94291 94293 94294 94295 94296 94297 94298 94299 95812 95813 95840 95851 95852 95853 95867 95894. The estimated population per square kilometer (.62 miles) in Sacramento is 2,029.
So, about how much do homes cost in Sacramento? The most recent median value of resident-owned homes in Sacramento is 336,448. An estimated 48.5 percent of households in Sacramento own their homes, with an average family size of 3.42. The median household income in Sacramento is 62,335, with28.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Sacramento, the median commute time of resident workers (in minutes) is 26.2. And last, but certainly not least, are you looking for homes to rent in Sacramento? If so, the average rent price paid by renters in Sacramento is 1,263, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Sacramento, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Sacramento is 34.5, split between 48.9 percent male versus 51.1 female. The percentage of residents who report being married in Sacramento is 41, with an average family size of 3.42.
The percentage of residents who report their race in Sacramento is as follows:
|Black / African American||13.2%|
|American Indian / Alaskan Native||0.7%|
|Native Hawaiian / Other Pacifc Islander||1.7%|
Looking for family-friendly neighborhoods in and/or near Sacramento? Or maybe you are searching for 55+ active adult communities in and/or near Sacramento?
The percentage of residents who report their age in Sacramento is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Sacramento with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Sacramento.
How do you know that living in -- or moving to -- Sacramento is right where you need to be? Perhaps you grew up in Sacramento or already live nearby; therefore, the decision to buy a home in Sacramento is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Sacramento for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Sacramento:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Sacramento.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Sacramento can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Sacramento, meanwhile, can field multiple offers from more qualified buyers.
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