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Call/text (707) 474-8855Elk Grove, CA · Market Data
Elk Grove, California real estate market data.
Real estate market data for Elk Grove, CA (Sacramento County) — Census median home value $603,400, county listing prices up about 0.6% over the past year.
Elk Grove, CA is in Sacramento County, California — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 177,221, with a median household income of $122,229. Census data puts Elk Grove's median home value at $603,400.
At a glance
Elk Grove market snapshot
Population
177,221
Median Household Income
$122,229
Median Home Value (city)
$603,400
Median Gross Rent
$2,180/mo
Price Trend (YoY)
+0.6%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Elk Grove different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Elk Grove's median home value — across all owner-occupied homes, not just recent sales — at $603,400.
County Price Trend
Sacramento County's FHFA house price index shows a 0.57% annual change in 2025.
Population & Income
Elk Grove has an estimated population of 177,221 and a median household income of $122,229, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Elk Grove's Census-reported median home value works out to about 4.9x the area's median household income, and median gross rent runs roughly 21% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Elk Grove FAQ
What are home values like in Elk Grove, CA?
The Census Bureau's American Community Survey puts Elk Grove's median home value at $603,400.
What is the population of Elk Grove, CA?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Elk Grove's population at approximately 177,221.
What's the median rent in Elk Grove, CA?
The Census ACS estimates median gross rent in Elk Grove at approximately $2,180 per month.
What is the median household income in Elk Grove, CA?
Census ACS data puts the median household income in Elk Grove at approximately $122,229.
Is the Elk Grove housing market growing?
Sacramento County's FHFA house price index shows a 0.57% annual change in 2025.
Is Elk Grove, CA affordable relative to income?
Census ACS data puts Elk Grove's median home value at about 4.9 times the median household income, with median gross rent equal to roughly 21% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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