Elk Grove Housing Market Report – June 2026
Here's a look at how the Elk Grove, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 231
- Median Sale Price: $638,000
- Average Sale Price: $1,047,125
- Average Price Per Sq Ft: $326
- Average Days on Market: 60
- Sale-to-List Price Ratio: 99.8%
Month-Over-Month Trends
Compared to May, the median sale price in Elk Grove moved 2.4% down (from $653,500 to $638,000). The number of homes sold was 22.9% up compared to the prior month (188 vs. 231). Average days on market shifted 15.4% up (52 days to 60 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 8.2% down (from $695,000 to $638,000). Sales volume is 13.2% up year-over-year.
What This Means
Elk Grove's housing market is showing signs of cooling as summer kicks in, with median prices dropping 2.4 percent month-over-month to $638,000. The year-over-year decline of 8.2 percent is more telling—buyers have significantly more negotiating power than they did a year ago. That said, the sale-to-list price ratio of 99.8 percent suggests homes are still selling near asking price, which means the market hasn't shifted dramatically in buyers' favor just yet. The uptick in days on market, from 52 to 60 days, indicates properties are taking a bit longer to move, a typical pattern as we head into the slower summer months when fewer families are house hunting.
The jump in sales volume appears linked to data collection improvements rather than a genuine surge in buyer activity. What's more meaningful is that inventory is growing with 577 active listings, giving shoppers more choices than earlier in the year. For sellers, the message is clear: price competitively and don't expect the bidding wars of past cycles. For buyers, June presents a relatively balanced market with room to negotiate, though interest rates and affordability remain persistent headwinds in the Sacramento region.
Elk Grove Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95757 | 116 | $705,000 | $322 | 73 |
| 95624 | 59 | $600,000 | $334 | 56 |
| 95758 | 56 | $560,000 | $323 | 46 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 158 | $610,000 | $326 |
| LAND | 68 | $728,000 | N/A |
| Unknown | 2 | $5,710,500 | N/A |
| CONDO | 1 | $485,000 | $278 |
| CONDOS | 1 | $455,000 | $368 |
| MOBILE | 1 | $100,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 1 |
| $200K - $299K | 1 |
| $300K - $399K | 3 |
| $400K - $499K | 17 |
| $500K - $749K | 150 |
| $750K+ | 59 |
Current Active Listings
As of this report, there are 577 active listings in Elk Grove with a median asking price of $683,990 and an average of 51 days on market.
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