Elk Grove Home Price Trend
January 29, 2026
January 29, 2026
What’s happening with home prices in Elk Grove, CA?
As of 2025, Elk Grove’s home values are showing mixed momentum: after a dip in 2023, prices are recovering moderately, but trends vary based on source and neighborhood.
Median Sale Price (Redfin)
According to Redfin, the median sale price in Elk Grove is $616,204 as of October 2025.
Redfin
That is a 5.2% drop compared to the previous year.
Redfin
Homes are staying on the market longer: 41 days on average currently, compared to faster turnover in the past.
Redfin
Zillow Home Value Trend
Zillow reports a “typical home value” of $630,479 in Elk Grove.
Zillow
However, that value is down about 3.6% over the past 12 months.
Zillow
According to another Zillow data point, the average is $636,883, down 3.4% recently.
Zillow
City Forecast & Local Government Data
The City of Elk Grove’s own report shows a median home price of ~$638,000 (2024), representing a 4.8% increase over the previous year.
elkgrove.gov
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The city expects moderate home value increases in 2025, according to its financial forecast.
elkgrove.gov
According to PropertyFocus, Elk Grove sold 2,067 residential properties in the past 12 months.
Property Focus
That same data source gives a median home price of $669,250 for single-family homes.
Property Focus
ATTOM data shows a median sales/list price of $649,000 (Feb 2025) for Elk Grove.
Property Navigator
According to local media, Elk Grove’s home values have risen significantly since 2019: one report states that typical home values are up ~42% from August 2019 to August 2025.
egcitizen.com
The City’s 2025–2030 consolidated plan states that Elk Grove has a high homeowner rate (73.8%) and that housing is predominantly single-family, which has driven long-term demand.
elkgrove.gov
Recent Cooling, But Not a Crash: The 5.2% YoY drop in median sale price (Redfin) and the ~3–4% decline in Zillow values suggest a mild cooling, not a collapse.
Recovery in Sight: City forecasts and property value increases in 2024 show signs of rebound. The city projects moderate growth.
Volume Is Strong: Over 2,000 residential properties sold in a year, indicating a healthy, active market.
Long-Term Gains Are Significant: With a ~42% increase in value since 2019, long-term home buyers in Elk Grove may have seen strong appreciation.
Divergence in Metrics: Different data sources show variation (sale price vs. assessment vs. listing), which means local neighborhood-level trends could differ.
For Buyers: The current slight dip in home values and increase in days on market could give you more negotiating leverage. This might be a more favorable window to buy, especially for long-term holding.
For Sellers: Pricing accurately is more important than ever. While values are recovering, overpricing may lead to homes staying longer on the market. Using recent sold comps is critical.
For Investors: Long-term trends remain favorable, especially given the strong historical appreciation. But near-term pricing fluctuations might offer opportunities to buy during a softer phase.
As a local real estate professional, I see the Elk Grove market as balanced right now. We’ve moved past the rapid run-ups, and we’re not in a deep decline either. For buyers, this is likely one of the better windows we’ve had in recent years. For sellers, understanding micro-market dynamics (which part of Elk Grove, what type of home) will be key.
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