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Elk Grove, CA Housing Market

$625,897

3.8% 1-yr

The average Elk Grove, CA home value is $625,897, down 3.8% over the past year and goes to pending in around 35 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Elk Grove Key Takeaways

Typical Home Values: $625,897

1-year Value Change: -3.8%

(Data through November 30, 2025)

Elk Grove Housing Market Overview

--1-year Market Forecast
332For sale inventory(November 30, 2025)
87New listings(November 30, 2025)
0.993Median sale to list ratio(October 31, 2025)
$619,667Median sale price(October 31, 2025)
$656,817Median list price(November 30, 2025)
27.8%Percent of sales over list price(October 31, 2025)
56.2%Percent of sales under list price(October 31, 2025)
35Median days to pending(November 30, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

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Elk Grove Rental Market Trends

$2,658Average rent in Elk Grove(November 30, 2025)
$1,925National average rent(November 30, 2025)
-0.8%Month-over-month change(November 30, 2025)
1.6%Year-over-year change(November 30, 2025)
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.

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