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Market Intelligence · CA / Sacramento County

Elk Grove, CA home prices and housing market

3 ZIP markets liveData updated September 2026Typical value$627K1-yr changeDown1.0%

The typical home value in Elk Grove, CA is $627K as of September 2026, down 1.0% from a year ago, based on the Zillow Home Value Index. In the typical Elk Grove ZIP code, the median list price is $657K and homes spend a median of 36 days on market as of September 2026 (Realtor.com).

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The coverage

Elk Grove, by the numbers.

Typical home valueZillow ZHVI, September 2026
$627K
1-yr changeMedian across Elk Grove ZIPs
-1.0%
ZIP markets live4 tracked in Elk Grove
3
County
Sacramento County

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12-month value trend

-1.0% over 12 months

Typical home value in Elk Grove over the last 12 months: $633K in Sep 2025 to $627K in Sep 2026 (-1.0%).

Sep 2025$633K

Sep 2026$627K

Median Zillow home value index across Elk Grove's ZIP codes.

Context

Elk Grove's housing market has cooled slightly over the past year. The typical home value in the city is $626,728, down 1.0% from a year earlier, as of September 2026. There were 278 homes for sale, with 170 new listings coming on the market in September 2026. Homes are moving at a moderate pace, with a median of 36 days on market, and the median list price sits at $657,498. Notably, 22.5% of listings had a price cut, which suggests some sellers are adjusting expectations to meet buyers. For a homeowner weighing a sale, the market still favors prepared sellers, but pricing realistically from the start matters more than it did in a hotter market.

The numbers

What is the housing market like in Elk Grove, CA?

Typical home value

$627K

Down1.0%YoY

Median list price

$657K

Days on market

36

Homes for sale

278

Price cuts

22.5%

New listings

170

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Elk Grove's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Elk Grove, CA home prices over time

Typical home values in Elk Grove, CA are down 1.0% over the past year, from $633K in September 2025 to $627K in September 2026.

Typical home value in Elk Grove, CA, September of each year
MonthTypical value1-yr change
September 2026$626,728-1.0%
September 2025$632,824No prior year

Typical value is the median Zillow Home Value Index across Elk Grove ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Elk Grove, CA a buyer's or seller's market?

Elk Grove, CA is roughly balanced between buyers and sellers.

These measures sit between the ranges that usually favor one side, so pricing and condition matter more than market direction.

Based on a median of 36 days on market and 22% of listings with a price cut in the typical Elk Grove ZIP code, and 170 new listings against 278 active listings across Elk Grove, as of September 2026 (Realtor.com).

The outlook

Elk Grove housing market forecast 2027

-0.9%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 3 Elk Grove ZIP codes, points to typical home values falling 0.9% by September 2027.

Over the 12 months through September 2026, typical home values in Elk Grove fell 1.0%, per the Zillow Home Value Index.

Will home prices drop in Elk Grove?

The forecasts point that way: a weighted average of Zillow's ZIP forecasts for Elk Grove shows typical home values falling 0.9% by September 2027, after a 1.0% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 3 Elk Grove ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Elk Grove?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 4 Elk Grove ZIP codes in total; the remaining 1 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Elk Grove, CA home prices.

How much is a home in Elk Grove worth?

The typical home value in Elk Grove is $626,728 as of September 2026, down 1.0% over the past year. This is a citywide figure, so an individual home may be worth more or less depending on size, condition, and location.

How fast are homes selling in Elk Grove?

Homes in Elk Grove spent a median of 36 days on the market as of September 2026. With 22.5% of listings seeing a price cut, buyers have some room to negotiate.

Is there much competition among sellers in Elk Grove?

There were 278 homes for sale in Elk Grove as of September 2026, including 170 new listings. The median list price was $657,498.

Are home prices going up or down in Elk Grove, CA?

Typical home values in Elk Grove, CA are down 1.0% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Elk Grove, CA a buyer's or seller's market?

Elk Grove, CA is roughly balanced between buyers and sellers. These measures sit between the ranges that usually favor one side, so pricing and condition matter more than market direction. Based on a median of 36 days on market and 22% of listings with a price cut in the typical Elk Grove ZIP code, and 170 new listings against 278 active listings across Elk Grove, as of September 2026 (Realtor.com).

How long do homes take to sell in Elk Grove, CA?

In the typical Elk Grove ZIP code, homes spend a median of 36 days on market as of September 2026, based on Realtor.com listing data. Pricing and condition decide how fast any one home sells, so treat the median as a benchmark rather than a promise.

Nearby markets

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