Sacramento, CA

Population: 479,686
Average annual home appreciation rate: 14.39%
Total of homes for sale in this market: 212
Median home price: $309,614
Median Rent: $1,136 per room
Home price range: 29.79% of homes are between $137,001 – $274,000
Median sales price: $95,000
Number of homes: 2,701
Median foreclosure sales price: $180,000
Foreclosure discount: N/A
Most common home type: 59.20% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 8.25%
Number of renters: 52.43%
Number of owner occupied: 47.57%
Number people living below poverty level: 21.88%
Unemployment rate: 6.00%
Is this area perfect for real estate deals going on right now? Data shows, Sacramento as one of the highest appreciating communities in the nation for the latest quarter, and may signal the city’s near-future real estate investment strength. When compared to other California markets, it is much more affordable for the start up investor who may want to spend less, and still enjoy the possibility for great returns.

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