Real Estate Market Update for Rancho Cordova, CA

Video: Real Estate Community Tour for Rancho Cordova, CA

See Real estate community tour for Rancho Cordova, CA
Welcome to December's Market Update. Let’s take a look at residential real-estate activity in your area during the month of November. The number of active listings was down 7% from one year earlier, and down 18% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was 320-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 21%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 290-thousand dollars. The number of units sold increased 43% year-over-year, and increased 3% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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.
Show Transcript
Map Information for Rancho Cordova, CA
Area Information for Rancho Cordova, CA
  • Population: 70,854
  • Median Age: 35.12 yr
  • Median Commute Time: 22 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 2,033/sq mi
  • Population Change Since 2000: 32.04%
  • Closest Airport: Sacramento International
  • Closest College: Itt Technical Institute-rancho Cordova
  • Closest Jr. College: Heald College-rancho Cordova
  • Median Household Income: $54,510
  • Annual Residential Turnover: 22%
  • Median Home Sales Price: $256,050
  • Closest Major Sports Team: Sacramento River Cats (aaa)
  • Change Avg. Household Income Since 2000: 38.12%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Rancho Cordova, CA
Median Age: 35.12 Married: 35% Number of Households: 25,351 Households with Children: 8,626
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 Rancho Cordova, CA

      School Name Distance Type Grades School Rating Parent Rating
      Sunrise Elementary School 1.2 mi Public K-6 5 0
      Navigator Elementary School 1.8 mi Public K-5 2 0
      Mather Heights Elementary School 2.1 mi Public K-5 4 0
      Sacramento County Ed Special Education School 2.4 mi Public K-12 0 0
      Sacramento County Sh Special Education School 2.4 mi Public K-12 0 0
      Kitty Hawk School 2.4 mi Public 7-12 0 0
      Mather Youth Academy 2.4 mi Public 7-12 0 0
      Cordova Villa Elementary School 2.6 mi Public K-5 2 0
      Kinney High (continuation) School 2.7 mi Public 10-12 1 0
      White Rock Elementary School 2.8 mi Public K-6 1 0
      Folsom-cordova Adult 3.1 mi Public - 0 0
      Walnutwood High (independent Study) School 3.1 mi Public K-12 2 0
      Rancho Cordova Elementary School 3.1 mi Public K-6 1 0
      Cordova Lane Center 3.1 mi Public PRESCHOOL-PRESCHOOL 0 0
      W. E. Mitchell Middle School 3.2 mi Public 6-8 2 0
      Mills Middle School 3.4 mi Public 6-8 1 0
      St. John Vianney School 3.5 mi Catholic K-8 0 0
      Williamson Elementary School 3.5 mi Public K-5 1 0
      Cchat Center?sacramento 3.6 mi Private PRESCHOOL-3 0 0
      Cordova Gardens Elementary School 3.6 mi Public K-6 1 0
      Cordova High School 3.7 mi Public 9-12 3 3
      Cordova Meadows Elementary School 3.7 mi Public K-5 0 0
      Peter J. Shields Elementary School 3.7 mi Public K-5 2 0
      Ihs Christian School 4.0 mi Private 1-12 0 0
      Riverview Stem Elementary 4.0 mi Public K-5 0 0
      Gold River Discovery Center K-8 4.1 mi Public K-8 5 0
      Student Support Services 5.4 mi Public PRESCHOOL-K 0 0
      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 © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Rancho Cordova, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.