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Today: September 22, 2025

Current Price

$644,036

1 Month Forecast

$652,092

1-Year Forecast *

$705,415

5-Year Forecast *

$765,134

"Is it a good time to buy homes in Elk Grove?" "Does investing in real estate in Elk Grove (California State, Sacramento County) worth it?" According to our live Forecast System, buying a house in Elk Grove is a acceptable short-term (1-year) investment*. The Elk Grove average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Elk Grove" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Elk Grove in California State, Sacramento County. If you are looking for homes for sale with good flipping profit, Elk Grove can be a profitable property investment option. The median price of an average house in Elk Grove was 644,036 USD on 2025-09-22. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elk Grove" area is 765,134 USD by 2030-09-22. For a 5-year investment the profit is expected to be around +18.80% meaning that investing 100000 USD today may yield a profit of 18,803 USD by 2030.

Current Median Listing Price: 644,036 USD Median Listing Price Per Square Foot: 358 USD

Elk Grove Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Elk Grove (California State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

Elk Grove Price Target

Elk Grove median home price target in 12 months: $705,415* (upside of 9.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $665,083 $647,449 $647,449 $665,083
2024 $625,042 $644,036 $625,042 $644,036
2023 $615,478 $624,274 $604,526 $624,274
2022 $617,472 $623,208 $617,472 $674,024
2021 $495,330 $605,996 $495,330 $605,996
2020 $447,829 $486,092 $447,829 $486,092
2019 $432,094 $444,672 $432,094 $444,672
2018 $414,066 $431,601 $414,066 $432,493
2017 $376,140 $409,552 $376,140 $409,552
2016 $349,419 $372,697 $349,419 $372,697
2015 $322,604 $346,467 $322,604 $346,467
2014 $303,531 $320,622 $303,531 $320,622
2013 $232,562 $300,909 $232,562 $300,909
2012 $208,337 $227,276 $207,982 $227,276

Questions & Answers about the Elk Grove Housing Market Forecast

How much does an average home cost in Elk Grove today?

The value of an average home (the listing price) in Elk Grove is $644,036 USD.

What is the average price per square foot in Elk Grove?

According to Walletinvestor the median price per square foot in Elk Grove is 358 USD.

Will the median listing price of homes in Elk Grove grow / rise / go up?

Yes. The Elk Grove home prices may rise from 644,036 USD to 705,415 USD in one year.

Is it profitable to invest in Elk Grove homes?

Yes. The long-term profit potential is +9.53% in one year.

Will Elk Grove house prices fall / drop?

No. See above.

What is the predicted price of a Elk Grove home in 2030?

The predicted home sales price of a Elk Grove home in 2030 in Elk Grove is 765,134 USD.

What is the predicted price of a Elk Grove home in 2035?

The predicted home sales price of a Elk Grove home in 2035 in Elk Grove is 904,209 USD.

Will real estate prices decrease in Elk Grove?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Elk Grove is the 192. largest city in the United States, located in California State.

During the last 12 months the real estate prices in Sacramento, Elk Grove increased, looking at the past 12 months.

According to Walletinvestor's Elk Grove real estate market research, home values will increase in the next 12 months.

Median home values increased by 0.300% to 644,036 USD, between 2024-09-22 and 2025-09-22

The average annual profit of property investment was:

  • 8.380% in 2020
  • 10.650% in 2021
  • 9.490% in 2022
  • 8.420% in 2023
  • 9.280% in 2024
  • 10.000% in 2025

Based on our Elk Grove real estate market research and report the predicted sales prices will increase by 148.509% in the next 10 years.

Over the last 12 months, the value of homes in Elk Grove fluctuated: increasing 4 times and decreasing 6 times.

Elk Grove (California) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Elk Grove Housing Market Forecast with Real Estate Prices for 2025
August 2025 652092 605141 699042
September 2025 656768 615392 698144
October 2025 661478 605252 717703
November 2025 666221 629579 702863
December 2025 670999 633423 708575
Elk Grove Housing Market Forecast with Real Estate Prices for 2026
January 2026 675811 633235 718387
February 2026 680657 632330 728984
March 2026 685538 627267 743809
April 2026 690454 652479 728429
May 2026 695405 630037 760774
June 2026 700392 656268 744517
July 2026 705415 642633 768197
August 2026 710473 667845 753102
September 2026 715568 647589 783547
October 2026 720700 658720 782680
November 2026 725868 660540 791196
December 2026 731073 692326 769820
Elk Grove Housing Market Forecast with Real Estate Prices for 2027
January 2027 736316 670048 802584
February 2027 741596 690426 792766
March 2027 746914 705834 787995
April 2027 752270 689080 815461
May 2027 750582 703295 797868
June 2027 746962 680483 813442
July 2027 743360 692812 793909
August 2027 739776 692430 787121
September 2027 736209 683202 789216
October 2027 732659 683570 781747
November 2027 729126 668608 789643
December 2027 725610 667561 783659
Elk Grove Housing Market Forecast with Real Estate Prices for 2028
January 2028 722111 682395 761827
February 2028 720657 681021 760293
March 2028 720518 654230 786806
April 2028 722697 679335 766059
May 2028 726877 689806 763948
June 2028 732089 670594 793585
July 2028 736581 684284 788879
August 2028 740111 674981 805241
September 2028 742258 681393 803123
October 2028 743809 688024 799595
November 2028 744724 684401 805046
December 2028 747364 708501 786227
Elk Grove Housing Market Forecast with Real Estate Prices for 2029
January 2029 752217 699561 804872
February 2029 757571 696966 818177
March 2029 761767 694731 828802
April 2029 763578 692565 834590
May 2029 764602 711844 817359
June 2029 764531 714072 814990
July 2029 765058 694673 835444
August 2029 765572 697436 833708
September 2029 766796 723088 810503
October 2029 767356 723616 811095
November 2029 772859 699437 846280
December 2029 771287 726553 816022
Elk Grove Housing Market Forecast with Real Estate Prices for 2030
January 2030 768464 694691 842236
February 2030 765294 724734 805855
March 2030 761604 704484 818724
April 2030 757931 701845 814018
May 2030 754277 716563 791991
June 2030 759686 705748 813623
July 2030 765134 726877 803390
August 2030 770620 698953 842288
September 2030 776147 724145 828148
October 2030 781712 735591 827833
November 2030 787318 728269 846367
December 2030 792964 747765 838163
Elk Grove Housing Market Forecast with Real Estate Prices for 2031
January 2031 798651 722779 874522
February 2031 804378 724744 884011
March 2031 810146 752626 867666
April 2031 815956 743336 888576
May 2031 821807 760172 883443
June 2031 827700 764795 890606
July 2031 833636 777782 889489
August 2031 839614 774124 905104
September 2031 845635 798279 892990
October 2031 851699 768233 935166
November 2031 857807 785751 929862
December 2031 863958 800889 927027
Elk Grove Housing Market Forecast with Real Estate Prices for 2032
January 2032 870154 825776 914532
February 2032 876394 792260 960527
March 2032 874426 822835 926017
April 2032 870210 795372 945048
May 2032 866013 805392 926634
June 2032 861837 816160 907515
July 2032 857682 782206 933158
August 2032 853546 780141 926951
September 2032 849430 789120 909740
October 2032 845334 782779 907889
November 2032 841258 779846 902670
December 2032 839564 763164 915965
Elk Grove Housing Market Forecast with Real Estate Prices for 2033
January 2033 839402 797432 881372
February 2033 841940 758588 925293
March 2033 846810 764670 928951
April 2033 852883 777829 927936
May 2033 858116 799764 916468
June 2033 862228 808770 915686
July 2033 864729 805063 924395

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.