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Market Snapshot

Median listing price
$464K

The median listing price in Sacramento, CA ZIP 95816 is $464,000 as of June 2026.

Median rent
$1,700/mo

The median market rent in Sacramento, CA ZIP 95816 is $1,700/month as of June 2026.

Days on market
341 days

The median days on market in Sacramento, CA ZIP 95816 is 341 days as of June 2026. The market is currently neutral.

Gross rental yield
4.40%

At a median list price of $464,000 and a median rent of $1,700/month, the gross rental yield in Sacramento, CA ZIP 95816 is 4.40% as of June 2026.

STR vs LTR
$2,799/mo STR · $1,700/mo LTR

In Sacramento, CA ZIP 95816, median Airbnb revenue is $2,799/month compared to median long-term rent of $1,700/month as of June 2026.

Sacramento, CA 95816 Real Estate Market Report

ZIP Code: 95816

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
26
Active Listings
3
Sold Properties
23

Market Metrics

Median Listing Price
$464,000
Median Sold Price
$640,500
Median Price per Sqft
$505/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,700

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
1.00%

Liquidity & Velocity

Median Days on Market
341
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
flat
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Sacramento area average 6.53%, which is 0.73% lower than the 7.26% average observed during the first quarter of 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. median sold price: $640,500 is the primary indicator of recent market value; the market shows a stable pricing backdrop with flat year-over-year price movement and a neutral market temperature, suggesting limited upside pressure for sellers right now.
  2. median days on market: 341 points to materially slower sales velocity compared with typical metro markets and may indicate slower sales velocity and greater negotiation time for transaction execution.
  3. Recent sample data suggest a relatively constrained active supply versus sales activity, which, combined with the long median days on market, appears to create pricing friction rather than fuel rapid appreciation.
  4. median market rent: $1,700 is rising (up year-over-year) while interest rate pressure is moderate; note local mortgage conditions show current 30-year fixed mortgage rates averaging 6.53%, which is 0.73% lower than 7.26% observed during the first quarter of 2026 — this mix supports continued rental demand and keeps buyer affordability under pressure.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

2611 S St, Sacramento, CA 95816
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds4 baths3,078 sqft
$1,855,000
May 1, 2026
$603/sqft/sqft
221 days on market
401 35th St, Sacramento, CA 95816
Premium

Sold above market average

4 beds3 baths2,899 sqft
$1,850,000
May 1, 2026
$638/sqft/sqft
368 days on market
717 33rd St, Sacramento, CA 95816
Premium

Sold above market average

3 beds2.5 baths2,314 sqft
$1,750,000
Apr 1, 2026
$756/sqft/sqft
3717 M St, Sacramento, CA 95816
Market Benchmark

Sold at market average

3 beds2 baths1,565 sqft
$755,000
Apr 1, 2026
$482/sqft/sqft
3259 Forney Way, Sacramento, CA 95816
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2.5 baths1,540 sqft
$725,000
Apr 1, 2026
$471/sqft/sqft
1477 days on market
3240 Dullanty Way, Sacramento, CA 95816
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds3.5 baths1,527 sqft
$719,500
Apr 1, 2026
$471/sqft/sqft
231 22nd St, Sacramento, CA 95816
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,104 sqft
$641,000
Apr 1, 2026
$581/sqft/sqft
22 days on market
1301 36th St, Sacramento, CA 95816
Market Benchmark

Sold at market average

1 beds1 baths984 sqft
$475,000
Mar 1, 2026
$483/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$2,270/mo
95816 Avg Rent
95816 Cost to Own
Rent$1,700
Own$3,970

20% down, 6.53% rate, 1.0% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

95816 Avg nightly rate
95816 Avg occupancy (days/year)
Nightly rate$217/night
Occupancy120 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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