Why Live in South West Elk Grove
Located between Interstate 5 and California state Route 99, South West Elk Grove features newer subdivision communities and commercial centers. Establishments such as Costco and Trader Joe’s anchor the area’s retail scene, while many public parks and highly rated schools sit next to recently developed residential homes. “Elk Grove has a diversification of employment, education and hospitals, and you don’t have to go outside the city to get what you need,” says Victoria Witham, who is the owner of Witham Real Estate and has over 20 years of experience. “This helps with resale value and properties also maintain their value. This part of the city has higher Mello-Roos, which is higher taxes, but residents here enjoy newer infrastructure.” Compared to the east part of the city, South West Elk Grove has newer subdivisions and gated communities. Most properties were built from the 2000s to the present day, and homes often feature ranch-style, Mediterranean Revival and New Traditional architecture. Single-family residences start around $450,000 and can go up to $700,000, while larger properties over 3,000 square feet can reach $1 million. Condos are usually between $400,000 and $550,000,
Home Trends in South West Elk Grove, CA
On average, homes in South West Elk Grove, Elk Grove sell after 48 days on the market compared to the national average of 51 days. The median sale price for homes in South West Elk Grove, Elk Grove over the last 12 months is $720,000, up 1% from the median home sale price over the previous 12 months.
Median Sale Price
$720,000
Median Single Family Sale Price
$709,995
Median Townhouse Sale Price
$735,000
Median 2 Bedroom Sale Price
$457,500
Median 1 Bedroom Sale Price
$391,000
Average Price Per Sq Ft
$317
Number of Homes for Sale
254
Last 12 months Home Sales
487
Median List Price
$718,214
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
1%