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Sacramento, CA 95816 Real Estate Market Report

ZIP Code: 95816
Report Date: May 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
23
Active Listings
4
Sold Properties
19

Market Metrics

Median Listing Price
$489,000
Median Sold Price
$709,000
Median Price per Sqft
$509/sqft

Note: 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
$1,695

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
1.02%

Liquidity & Velocity

Median Days on Market
322
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
flat
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the 95816 area are 6.49%, which is 0.39% lower than the 6.88% average observed in January 2026.

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


Key Findings

  1. The neighborhood's primary market indicator, median sold price 709,000, anchors current market value and recent transaction activity; with a neutral market temperature (balanced), this points to modest, stable pricing rather than rapid appreciation or decline.

  2. Extended median days on market 322 indicates slower sales velocity, which—when paired with the analyzed sample's relatively constrained active supply—may indicate pricing friction and longer decision cycles for buyers and sellers.

  3. Price strength on a unit basis is reflected by median price per square foot 509, while median market rent 1,695 is flat year‑over‑year (flat), suggesting steady rental demand without material upward pressure on rents.

  4. Interest rate context shows local 30‑year fixed rates at 6.49%, 0.39% lower than the 6.88% average observed in January 2026; with interest rate pressure described as moderate, modest easing in affordability may support incremental transaction activity if the rate trend continues.


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 beds
4 baths
3,078 sqft
$1,855,000
Mar 1, 2026
$603/sqft/sqft
190 days on market
401 35th St, Sacramento, CA 95816
Premium

Sold above market average

4 beds
3 baths
2,899 sqft
$1,850,000
Mar 1, 2026
$638/sqft/sqft
337 days on market
717 33rd St, Sacramento, CA 95816
Premium

Sold above market average

3 beds
2.5 baths
2,314 sqft
$1,750,000
Apr 1, 2026
$756/sqft/sqft
3717 M St, Sacramento, CA 95816
Market Benchmark

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

3 beds
2 baths
1,565 sqft
$755,000
Apr 1, 2026
$482/sqft/sqft
3279 D St, Sacramento, CA 95816
Market Benchmark

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

4 beds
2 baths
1,620 sqft
$738,000
Feb 1, 2026
$456/sqft/sqft
322 days on market
3240 Dullanty Way, Sacramento, CA 95816
Market Benchmark

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

3 beds
3.5 baths
1,527 sqft
$719,500
Apr 1, 2026
$471/sqft/sqft
1301 36th St, Sacramento, CA 95816
Market Benchmark

Sold at market average

1 beds
1 baths
984 sqft
$475,000
Mar 1, 2026
$483/sqft/sqft
327 22nd St, Sacramento, CA 95816
Value

Sold below market average

4 beds
2 baths
1,240 sqft
$475,000
Mar 1, 2026
$383/sqft/sqft
216 days on market

Sacramento, CA 95816 Real Estate Market Report

ZIP Code: 95816
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo 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
20
Active Listings
1
Sold Properties
19

Market Metrics

Median Listing Price
$357,000
Median Sold Price
$520,849
Median Price per Sqft
$520/sqft

Note: 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
$1,750

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
1.18%

Liquidity & Velocity

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
flat
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the 95816 area are 6.49%, which is 0.39% lower than the 6.88% average observed in January 2026.

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


Key Findings

  1. The primary market indicator, the median sold price of 520,849, signals modest appreciation and represents the most reliable snapshot of realized value for SFR and condo transactions in 95816; sellers should price near recent comparable solds to avoid pricing friction, and buyers should focus on deals that align with this representative recent sale. neutral

  2. The area’s median price per square foot is 520, which supports a stable per-unit valuation framework across the sample and suggests appraisers and investors should use price-per-square-foot comps when underwriting; consider prioritizing accuracy in square-foot measurements to reduce valuation variance. flat

  3. Rental fundamentals show a median market rent of 1,750 with rent year-over-year trend reported as flat, indicating steady rental demand; investors evaluating buy-to-rent opportunities should model conservative income growth assumptions and factor in current rent stability. neutral

  4. Financing conditions are supportive: current 30-year fixed mortgage rates are 6.49%, which is 0.39% lower than the January 2026 average of 6.88%; combined with reported moderate interest rate pressure, this may modestly improve buyer affordability and transaction prospects, so timely rate locks and lender coordination are actionable priorities. moderate


Notable Properties

The following 7 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

3201 S St, Sacramento, CA 95816
Top Sale

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

- beds
- baths
94,538 sqft
$265,000,000
Dec 1, 2025
$2,803/sqft/sqft
3335 Mckinley Village Way, Sacramento, CA 95816
Market Benchmark

Sold at market average

2 beds
2.5 baths
2,299 sqft
$1,120,500
Mar 1, 2026
$487/sqft/sqft
287 days on market
3335 Mckinley Village Way, Sacramento, CA 95816
Market Benchmark

Sold at market average

2 beds
2.5 baths
2,299 sqft
$1,120,500
Mar 1, 2026
$487/sqft/sqft
287 days on market
2117 S St # 5-207, Sacramento, CA 95816
Premium

Sold above market average

1 beds
1 baths
546 sqft
$410,000
Apr 1, 2026
$751/sqft/sqft
2117 S St # 5-207, Sacramento, CA 95816
Premium

Sold above market average

1 beds
1 baths
546 sqft
$410,000
Apr 1, 2026
$751/sqft/sqft
2410 G St Apt C, Sacramento, CA 95816
Premium

Sold above market average

1 beds
1 baths
535 sqft
$375,000
Feb 1, 2026
$701/sqft/sqft
2410 G St Apt C, Sacramento, CA 95816
Premium

Sold above market average

1 beds
1 baths
535 sqft
$375,000
Feb 1, 2026
$701/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

-$2,628/mo
95816 Avg Rent
95816 Cost to Own
Rent$1,695
Own$4,323

20% down, 6.3% 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$232/night
Occupancy115 of 365 days

Data Sources

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

Report generated: 5/1/2026

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