Sacramento Housing Market

Home sales in the Sacramento area edged higher in July, giving buyers a bit more negotiating power than they've had in recent years. At the same time, the number of homes for sale remained limited, keeping competition alive for well-priced properties in popular neighborhoods.

Home sales in Sacramento rose 2.2% from a year earlier, reaching 2,066 transactions in July. That marked an improvement from July 2025, when sales had fallen 1.2%.

Buyers also had more room to negotiate. Homes sold for 97.9% of their asking price on average, giving buyers about 2.1% off list prices. Meanwhile, homes spent 44 days on the market, three fewer days than a year ago. That's a sign that attractively priced homes continued to sell relatively quickly.

Single-family homes drove much of the market's growth. Sales in that segment rose 3.5% year over year to more than 1,900. Townhome sales were unchanged, while condo sales declined.

For buyers, the latest numbers suggested a market with more flexibility than during the pandemic-era frenzy, even as demand showed signs of strengthening.

Inventory remained a challenge across the Sacramento region.

The number of homes for sale fell 1.2% from a year earlier to 7,302 listings. That happened even though new listings increased nearly 8%. The market finished July with four months of supply, a level that continued to favor sellers overall.

Inventory also remained well below historical levels. The number of available homes was still 14.5% lower than it was in July 2019, before the pandemic disrupted housing markets.

That trend stood in contrast to what happened nationally. Across the U.S., homes for sale increased 4.4% over the same period. In Sacramento, limited inventory continued to create competition, especially for desirable homes in sought-after neighborhoods.

View the latest homes for sale in Sacramento.

Even with sales improving and inventory remaining constrained, home prices showed little movement.

The median home sale price held steady at $590,000 in July, unchanged from a year earlier, giving income growth a chance to temper affordability concerns. Nationally, the median home price rose to $400,000.

While Sacramento homes remained significantly more expensive than the national median, prices stayed below the region's peak of $610,000 from 2022.

For buyers and sellers alike, the latest data pointed to a relatively balanced market. Demand improved, inventory stayed tight, and home values remained stable, creating conditions that were neither heavily tilted toward buyers nor sellers.

The median home sale price in Sacramento was flat over the same time last year, while the national median price rose by 2.6%.

Sacramento median home prices were $590,000 in July, the same value as a year prior. Meanwhile, the national median home price increased by $10,000 to $400,000.

Sacramento was the 10th highest-priced housing market among the top 40 largest markets last month. The Sacramento median home price of $590,000 was 47.5% above the national median home price. Sacramento's median home price in July compares to the market's peak of $610,000 recorded in May of 2022.

The median price of Sacramento single-family homes fell by $3,500 over the past year to $604,500, while the median townhome price grew by 7.8%, and the median condo price fell by 4.3%.

The number of homes for sale in Sacramento decreased by 1.2% in July compared to the same time last year, while national homes for sale rose by 4.4%.

Sacramento homes for sale fell by 85 year over year in July to 7,302 homes for sale. Sacramento ranked 27th, on a percentage basis, for the annual change in the number of homes for sale among the top 40 U.S. markets in July.

Sacramento homes for sale were below their pre-pandemic levels in the month of July. Sacramento homes for sale were 14.5% below the July 2019 total of 8,537.

Sacramento single-family homes for sale decreased by 1.4% to 6,426 in July. In comparison, townhomes for sale fell by 1.4% to 276, and condos for sale increased by 1.2% to 600.

The number of home sales in Sacramento increased by 2.2% in July compared to the same time last year, while national home sales rose by 2.9%.

Sacramento home sales increased by 45 year over year on a nominal basis in July to 2,066. For context, 2,021 sales closed in Sacramento in July 2025.

Sacramento ranked 17th for the annual change in home sales out of the top 40 U.S. markets in July on a percentage basis. This year's July increase of 2.2% compares to the 1.2% year-over-year decrease in July 2025.

Sacramento single-family sales increased by 3.5% in July to 1,908. In comparison, townhome sales were unchanged at 77 transactions, and condo sales fell by 19.8% to 81.

For questions and commentary about this report:

Joshua Ohl, Senior Director at CoStar and Homes.com, is available for interviews to provide expert insights on this data and the broader residential real estate market.

Joshua Ohl

Senior Director of Market Analytics

Homes.com

johl@costar.com

Homes.com releases preliminary figures on housing trends on a monthly basis. Although these numbers may change slightly once all transactions are accounted for, they provide an early indication of home price appreciation, inventory changes, and sales volume in Sacramento during July 2026.

For most markets, geographical coverage consists of the Census-defined Core-Based Statistical Area (CBSA). Data for San Francisco, Los Angeles, Miami, and New York is at the Metropolitan Division level.

Definition of Sale Prices

Median home price is the midpoint sale price of homes closed during each month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Inventory

Inventory is the number of unique active listings that were for sale during each month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Home Sales

The total number of closed home sales on the MLS during the month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Days on Market

The median number of days from initial listing to closing of properties whose closing occurred during the month. This data includes detached, attached, and condominium homes. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Months of Supply (MOS)

Months of Supply (MOS) is equal to active listings divided by homes sold in a given month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Sale to List Price Ratio

The sale-to-list price ratio is the ratio of the sale (closing) price to the original list price, whose closing occurred during the month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

About the Homes.com Market Analytics Team

The Homes.com Market Analytics group is a team of experienced analysts embedded in nearly 30 markets across North America. These experts reside in and regularly visit the markets they cover, providing local expertise and a national perspective on all sectors of real estate: residential, office, industrial, retail, and multifamily.

About Homes.com Analytics Data

The Homes.com analytic data is compiled by the CoStar Analytics team, the largest and most experienced analytics team in the real estate industry. The team consists of over 50 economists, analysts, and data scientists, who collectively have more than 900 years of real estate experience and over 30 advanced degrees. Analysts on the team live in and around the markets they cover, enabling them to build deep local knowledge and unique insights.

The data set being used by the team is one of the most comprehensive and robust in the industry. It spans all 393 metropolitan markets, 542 micropolitan markets, and over 35,000 local neighborhoods in the U.S. The data set is sourced from almost 500 Multiple Listing Service (MLS) providers around the country, as well as public record data from each market, and is supplemented by proprietary data collected by CoStar's team of over 2,000 researchers. It includes a complete inventory of all homes in the U.S., including homes for sale, homes for rent, new construction homes, as well as sale comps and rent comps.