Sacramento’s real estate market is experiencing notable shifts, with changes in home prices, inventory levels, and significant development projects shaping the landscape.
Current Market Trends
As of April 2026, the median listing price in Sacramento stands at $495,000, reflecting a 1.04% increase over the past year. The median sold price is $486,424, a slight decrease of 0.73% year-over-year. Homes are spending an average of 35 days on the market, indicating a relatively brisk pace of sales. Additionally, active listings have risen by 2.82%, providing buyers with more options. Source
Inventory and Demand
In March 2026, new listings in Sacramento increased by 17% compared to the previous year, significantly outpacing the national growth rate of 0.7%. Despite this influx, total active inventory only rose by 3.5%, suggesting that demand continues to absorb much of the new supply. The median listing price reached $499,450, up 2.1% year-over-year, while the national median declined by 2.1%. Homes in Sacramento are selling faster than the national average, with a median of 36 days on the market. Source
Development Projects
Several development projects are underway to address housing needs and revitalize communities:
Monarch Housing Project
In May 2025, Sacramento broke ground on the Monarch project, transforming a former state-owned storage warehouse into 241 affordable homes for low- to extremely low-income residents. This initiative is part of a broader effort to utilize underutilized state lands for housing. Source
Marina Vista / Alder Grove Master Plan
The Marina Vista and Alder Grove communities are undergoing redevelopment to create a mixed-income, multi-generational neighborhood. The plan includes establishing new physical connections between sites, situating public spaces and services conveniently, and implementing complete streets throughout the area. Source
On Broadway
On Broadway is a 153,000-square-foot affordable housing development along Sacramento’s Broadway corridor. The project features 140 units across two five-story buildings, with 37 units designated for permanent supportive housing. Amenities include leasing offices, a community kitchen, and 3,600 square feet of retail space. Source
These developments aim to provide diverse housing options and contribute to the city’s growth and revitalization efforts.