Sacramento

California ยท Ranked #357 of 373 metros

30Crisis
๐Ÿ’ก
Housing in Sacramento costs 6.19ร— the median income, above the national average of 4.5ร—. The median home price is $588K and median rent is $1,800/month. Sacramento ranks #357 of 373 metros for affordability.

Median Home Price

๐Ÿ 

$588K

Need $155K income

Median Rent

๐Ÿ”‘

$1,800

Need $68K income

Housing Shortage

๐Ÿ“‰

55,000

units needed

Building Permits

๐Ÿ”จ

11,000

annual

Median Income

๐Ÿ’ฐ

$95K

Pop: 2,397,382

Rent Burden

โš ๏ธ

35.0%

of renters paying >30%

Price Change (YoY)

๐Ÿ“ˆ

+4.2%

Homeownership

๐Ÿก

64.0%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricSacramentoNational
Price-to-Income Ratio6.19x6.1x
Rent Burden35.0%31.5%
Homeownership Rate64.0%65.5%
YoY Price Change+4.2%+3.5%
YoY Rent Change+3%+2.8%
Mortgage Denial Rate14.0%13.5%
Eviction Rate3.0%3.6%

House Price Index (2000โ€“2025)

FHFA All-Transactions HPI

Since 2019: +42.2%Since 2000: +210.8%

Zillow Market Data

Home Value (ZHVI)

$573K

1yr: -2.1%5yr: +16.9%

Rent (ZORI)

$2,211/mo

1yr: +2.1%5yr: +23.0%

Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.

Redfin Market Activity

Median Sale Price

$655K

Active Inventory

212

Days on Market

54

Sold Above List

17.6%

Price Drops

18.9%