Elk Grove Housing Market Report – April 2026
Here's a look at how the Elk Grove, CA real estate market performed in April 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 77
- Median Sale Price: $635,000
- Average Sale Price: $667,835
- Average Price Per Sq Ft: $326
- Average Days on Market: 56
- Sale-to-List Price Ratio: 99.7%
Month-Over-Month Trends
Compared to March, the median sale price in Elk Grove moved 5.9% down (from $675,000 to $635,000). The number of homes sold was 38.4% down compared to the prior month (125 vs. 77). Average days on market shifted 21.1% down (71 days to 56 days).
Year-Over-Year Comparison
Compared to April 2025, the median sale price is 7.3% down (from $685,000 to $635,000). Sales volume is 52.8% down year-over-year.
What This Means
Elk Grove's housing market is cooling noticeably as we move into late spring. With only 77 homes sold in April, sales volume has collapsed by over half compared to last year, and the month-over-month decline of 38% suggests we're past the seasonal spring rush. The median price has dipped to $635,000, down nearly 6% from March and continuing a gradual downward drift from last year's $685,000. While these numbers might sound alarming, they're partly explained by typical seasonal patterns—spring momentum usually peaks earlier, and by April, inventory builds as the market shifts toward a more balanced state.
What's encouraging for buyers is that homes are still moving reasonably well despite fewer sales overall. The average days on market dropped to 56 days, and homes are selling at 99.7% of list price, suggesting sellers aren't anchored to unrealistic expectations. With 513 active listings on the market, buyers finally have real choices, though listed prices haven't budged much—sitting around $678,000. For sellers, this is decidedly a buyer's market, but for anyone looking to purchase in Elk Grove, current conditions offer the best negotiating position we've seen in months.
Elk Grove Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95757 | 31 | $687,500 | $318 | 71 |
| 95758 | 25 | $560,000 | $343 | 48 |
| 95624 | 20 | $657,600 | $319 | 41 |
| 95828 | 1 | $525,000 | $238 | 83 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 76 | $636,500 | $325 |
| CONDOS | 1 | $368,000 | $354 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $300K - $399K | 1 |
| $400K - $499K | 5 |
| $500K - $749K | 57 |
| $750K+ | 14 |
Current Active Listings
As of this report, there are 513 active listings in Elk Grove with a median asking price of $677,950 and an average of 45 days on market.
Thinking About Selling Your Elk Grove Home?
If you're a homeowner in Elk Grove considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Elk Grove and throughout Sacramento County — get a no-obligation cash offer today.