Real Estate Market Update for 95608 (Carmichael, CA)

Video: Real Estate Community Tour for 95608 (Carmichael, CA)

See Real estate community tour for 95608 (Carmichael, CA)
Welcome to April's Market Update. Let’s take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 25% from one year earlier, and up 7% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just over 450-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 18%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 340-thousand dollars. The number of units sold decreased 16% year-over-year, and increased 36% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 95608 (Carmichael, CA)
Area Information for 95608 (Carmichael, CA)
  • Population: 59,844
  • Median Age: 44.14 yr
  • Median Commute Time: 23 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 4,588/sq mi
  • Population Change Since 2000: -.32%
  • Closest Airport: Sacramento International
  • Closest College: Epic Bible College
  • Closest Jr. College: American River College
  • Median Household Income: $56,676
  • Annual Residential Turnover: 16%
  • Median Home Sales Price: $289,500
  • Closest Major Sports Team: Sacramento Kings
  • Change Avg. Household Income Since 2000: 26.42%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 95608 (Carmichael, CA)
Median Age: 44.14 Married: 38% Number of Households: 25,516 Households with Children: 6,428
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 95608 (Carmichael, CA)

      School Name Distance Type Grades School Rating Parent Rating
      Mary Deterding Elementary School 0.3 mi Public K-6 4 2
      Carmichael Elementary School 0.6 mi Public K-5 2 0
      Victory Christian School 0.6 mi Private K-12 0 0
      Victory Christian Elementary School 0.6 mi Private K-6 0 0
      Paragon Program 0.8 mi Private 2-11 0 0
      Laureate Learning Center 0.8 mi Private 7-12 0 0
      Creekside Academy 0.9 mi Private K-12 0 0
      Wonder-land Christian Preschool & Daycare 1.0 mi Private PRESCHOOL-K 0 0
      Marvin Marshall Preschool And Children's Center 1.1 mi Public K-1 0 0
      St. John The Evangelist 1.2 mi Catholic PRESCHOOL-8 0 0
      Winston Churchill Middle School 1.2 mi Public 6-8 4 0
      Cameron Ranch Elementary School 1.2 mi Public PRESCHOOL-5 2 0
      John Barrett Middle School 1.3 mi Public 6-8 2 0
      Grace Family Christian School 1.4 mi Private K-5 0 0
      St. Michael's Academy 1.5 mi Catholic K-12 0 0
      Options For Youth-san Juan School 1.5 mi Public 7-12 2 2
      Visions In Education School 1.5 mi Public K-12 3 0
      Sacramento Adventist Academy 1.6 mi Private PRESCHOOL-12 0 0
      Mission Avenue Open Elementary School 1.6 mi Public K-6 3 0
      Thomas Kelly Elementary School 1.8 mi Public PRESCHOOL-5 2 0
      Our Lady Of The Assumption School 1.9 mi Catholic PRESCHOOL-8 0 0
      Albert Schweitzer Elementary School 1.9 mi Public PRESCHOOL-5 3 0
      Starr King K-8 2.1 mi Public PRESCHOOL-8 1 0
      Ralph Richardson Center 2.1 mi Public UNGRADE-UNGRADE 0 0
      St. Michael's Episcopal Day School 2.1 mi Private PRESCHOOL-8 0 0
      Charles Peck Elementary School 2.4 mi Public K-5 0 0
      Village Montessori School 2.5 mi Private PRESCHOOL-K 0 0
      Del Dayo Elementary School 2.7 mi Public K-6 4 0
      Coyle Avenue Elementary School 2.9 mi Public K-5 1 0
      Jesuit High School 3.0 mi Catholic 9-12 0 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2015. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 95608 (Carmichael, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.