Elk Grove Housing Market Report – July 2026
Here's a look at how the Elk Grove, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 227
- Median Sale Price: $690,000
- Average Sale Price: $957,459
- Average Price Per Sq Ft: $315
- Average Days on Market: 65
- Sale-to-List Price Ratio: 99.6%
Month-Over-Month Trends
Compared to June, the median sale price in Elk Grove moved 8.3% up (from $637,000 to $690,000). The number of homes sold was 0.4% down compared to the prior month (228 vs. 227). Average days on market shifted 8.3% up (60 days to 65 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 1.6% up (from $679,250 to $690,000). Sales volume is 0.4% down year-over-year.
What This Means
Elk Grove's real estate market continues to show resilience heading into mid-summer, with July bringing steady activity and solid pricing momentum. The median sale price climbed 8.3% month-over-month to $690,000, marking a meaningful jump that suggests renewed buyer interest despite the seasonally slower summer period. While year-over-year growth is more modest at 1.6%, the trajectory is positive. Notably, homes are selling at 99.6% of list price, indicating a relatively balanced market where neither buyers nor sellers have overwhelming leverage right now.
The slight uptick in days on market to 65 days is worth monitoring. The increase from 60 days in June suggests properties are taking a bit longer to find their buyers, which typically happens as we move through summer. This could reflect typical seasonal patterns or hint at pricing resistance, though the strong sale-to-list ratio suggests properties are still attracting serious offers. With 636 active listings on the market and over half the inventory being single-family homes, buyers have decent selection.
Overall, Elk Grove appears to be holding steady without dramatic shifts. It's not a hot seller's market anymore, but it's far from a buyer's advantage either. For those considering a move, the current conditions suggest reasonable negotiating opportunity without the pressure of rapid bidding wars.
Elk Grove Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95757 | 119 | $800,000 | $312 | 76 |
| 95624 | 62 | $650,000 | $296 | 58 |
| 95758 | 46 | $561,600 | $345 | 60 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 135 | $644,000 | $320 |
| LAND | 85 | $910,500 | N/A |
| CONDOS | 4 | $431,500 | $322 |
| MOBILE | 3 | $160,000 | $94 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 1 |
| $100K - $199K | 2 |
| $200K - $299K | 1 |
| $300K - $399K | 2 |
| $400K - $499K | 8 |
| $500K - $749K | 122 |
| $750K+ | 91 |
Current Active Listings
As of this report, there are 636 active listings in Elk Grove with a median asking price of $681,470 and an average of 51 days on market.
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