Real Estate Market Update for Elk Grove, CA
Welcome to October's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was up 8% from one year earlier, and down 9% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 360-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 26%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 310-thousand dollars. The number of units sold decreased 15% year-over-year, and decreased 10% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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 Elk Grove, CA
Area Information for Elk Grove, CA
  • Population: 156,958
  • Median Age: 33.56 yr
  • Median Commute Time: 27.49 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 3,720/sq mi
  • Population Change Since 2000: 92.83%
  • Closest Airport: Sacramento International
  • Closest College: Bethany University
  • Closest Jr. College: Cosumnes River College
  • Median Household Income: $81,618
  • Annual Residential Turnover: 26.68%
  • Median Years in Residence: 2.94 yr
  • Median Home Sales Price: $225,000
  • Closest Major Sports Team: Sacramento River Cats
  • Change Avg. Household Income Since 2000: 21%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Elk Grove, CA
Median Age: 33.56 Married: 36% Number of Households: 48,282 Households with Children: 24,858
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 Elk Grove, CA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Florence Markofer Elementary School 0.4 mi Public K-6 2-5 4
      Elk Grove High School 0.5 mi Public 9-12 3-5 4
      Jessie Baker School 0.9 mi Public UNGRADE-UNGRADE 0 5
      Joseph Kerr Middle School 1.0 mi Public 7-8 4 4
      Montessori Country Academy 1.1 mi Private PRESCHOOL-K 0 0
      Elk Grove Montessori School 1.2 mi Private PRESCHOOL-K 0 0
      Cosumnes Oaks High School 1.3 mi Public 8-12 3-5 5
      Elizabeth Pinkerton Middle School 1.4 mi Public 7-8 4-5 4
      Elk Grove Elementary School 1.7 mi Public K-6 3-5 4
      James A. Mckee Elementary School 1.8 mi Public PRESCHOOL-6 3 4
      Ellen Feickert Elementary School 1.9 mi Public K-6 3-5 4
      Edna Batey Elementary School 2.1 mi Public K-6 4 4
      California Montessori Project - Elk Grove Campus School 2.1 mi Public K-8 3 5
      Pleasant Grove High School 2.5 mi Public 9-12 4-5 4
      Elitha Donner Elementary School 2.7 mi Public PRESCHOOL-6 2-5 4
      Katherine L. Albiani Middle School 2.9 mi Public 7-8 4 4
      Arlene Hein Elementary School 2.9 mi Public K-6 4 4
      First Baptist Church Kindergarten 3.0 mi Private K-K 0 5
      Harriet G. Eddy Middle School 3.1 mi Public 7-8 2-5 3
      Lutheran High School 3.1 mi Private 9-12 0 4
      Franklin High School 3.2 mi Public 9-12 4 4
      St. Peter's Lutheran 3.2 mi Private PRESCHOOL-8 0 4
      St Elizabeth Ann Seton Catholic School 3.3 mi Catholic PRESCHOOL-8 0 5
      Carroll Elementary School 3.4 mi Public K-6 3-5 4
      Toby Johnson Middle School 3.4 mi Public 7-8 3-5 3
      Raymond Case Elementary School 3.5 mi Public K-6 3-5 4
      Roy Herburger Elementary School 3.5 mi Public K-6 3 4
      Elk Grove Charter School 3.6 mi Public 7-12 2 4
      Foulks Ranch Elementary School 3.7 mi Public K-6 3-5 4
      Arthur C. Butler Elementary School 3.8 mi Public K-6 3-5 4
      Edward Harris, Jr. Middle School 3.8 mi Public 7-8 3 3
      Laguna Creek High School 3.9 mi Public 9-12 3 3
      Helen Carr Castello Elementary School 3.9 mi Public K-6 3-5 4
      Monterey Trail High School 4.0 mi Public 9-12 3 4
      Pleasant Grove Elementary School 4.0 mi Public K-6 4 5
      Irene B. West Elementary School 4.1 mi Public K-6 3-5 4
      John Ehrhardt Elementary School 4.3 mi Public K-6 3-5 4
      Stone Lake Elementary School 4.8 mi Public K-6 4 4
      Franklin Elementary School 4.9 mi Public PRESCHOOL-6 3-5 4
      Elliott Ranch Elementary School 5.6 mi Public K-6 4-5 5
      Joseph Sims Elementary School 5.7 mi Public K-6 3-5 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: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Elk Grove, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 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.