Current Price

$644,036

1 Month Forecast

â–² $651,929

1-Year Forecast *

â–² $703,304

5-Year Forecast *

â–² $758,585

"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 2026-02-04. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elk Grove" area is 758,585 USD by 2031-02-04. For a 5-year investment the profit is expected to be around +17.79% meaning that investing 100000 USD today may yield a profit of 17,786 USD by 2031.

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: 2026-2032

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: $703,304* (upside of 9.2%)

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 $207,982 $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 703,304 USD in one year.

Is it profitable to invest in Elk Grove homes?

Yes. The long-term profit potential is +9.20% 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 739,574 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 818,212 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 decreased, 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 decreased by 2.967% to 644,036 USD, between 2025-02-04 and 2026-02-04

The average annual profit of property investment was:

  • 8.592% in 2021
  • 10.192% in 2022
  • 8.902% in 2023
  • 7.312% in 2024
  • 9.172% in 2025
  • 9.252% in 2026

Based on our Elk Grove real estate market research and report the predicted sales prices will increase by 141.171% in the next 10 years.

Over the last 12 months, the value of homes in Elk Grove fluctuated: decreasing 5 times.

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

Below you will find the price predictions for 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 651929 595211 708647
September 2025 656440 594078 718802
October 2025 660982 602816 719149
November 2025 665556 602328 728784
December 2025 670161 631962 708361
Elk Grove Housing Market Forecast with Real Estate Prices for 2026
January 2026 674799 626888 722709
February 2026 679468 636661 722274
March 2026 684170 639014 729325
April 2026 688904 635169 742638
May 2026 693671 638177 749164
June 2026 698471 643990 752951
July 2026 703304 667435 739172
August 2026 708170 640186 776155
September 2026 713071 673852 752289
October 2026 718005 662000 774009
November 2026 722973 665858 780088
December 2026 721350 660757 781943
Elk Grove Housing Market Forecast with Real Estate Prices for 2027
January 2027 717731 680409 755053
February 2027 714130 667712 760549
March 2027 710548 667204 753891
April 2027 706983 640527 773439
May 2027 703436 644347 762525
June 2027 699907 634116 765698
July 2027 696396 638595 754197
August 2027 692902 652021 733783
September 2027 691507 630655 752360
October 2027 691374 656114 726634
November 2027 693464 640068 746861
December 2027 697475 643072 751878
Elk Grove Housing Market Forecast with Real Estate Prices for 2028
January 2028 702302 649629 754974
February 2028 706611 663508 749714
March 2028 709997 664557 755436
April 2028 712056 657228 766884
May 2028 713545 659315 767774
June 2028 714422 647266 781577
July 2028 716955 648127 785782
August 2028 721610 663881 779339
September 2028 726603 668475 784731
October 2028 730627 688251 773003
November 2028 732364 683295 781432
December 2028 733346 667345 799347
Elk Grove Housing Market Forecast with Real Estate Prices for 2029
January 2029 733278 676082 790474
February 2029 733784 691224 776343
March 2029 734277 672598 795956
April 2029 735450 696472 774429
May 2029 735987 679316 792659
June 2029 741080 696615 785545
July 2029 739574 677450 801698
August 2029 736866 683075 790658
September 2029 733827 664113 803541
October 2029 730145 677575 782716
November 2029 726482 680714 772251
December 2029 722838 654168 791507
Elk Grove Housing Market Forecast with Real Estate Prices for 2030
January 2030 727840 668885 786795
February 2030 732876 680842 784910
March 2030 737947 674484 801411
April 2030 743053 702929 783178
May 2030 748195 696570 799821
June 2030 753372 703650 803095
July 2030 758585 691830 825341
August 2030 763834 704255 823413
September 2030 769120 724511 813729
October 2030 774442 721005 827878
November 2030 779801 719756 839845
December 2030 785197 742796 827597
Elk Grove Housing Market Forecast with Real Estate Prices for 2031
January 2031 790630 718682 862577
February 2031 796101 727636 864565
March 2031 801609 731869 871349
April 2031 807156 736934 877379
May 2031 805344 728836 881852
June 2031 801304 732392 870216
July 2031 797284 746258 848310
August 2031 793284 735374 851194
September 2031 789304 715110 863499
October 2031 785344 731941 838748
November 2031 781404 706390 856419
December 2031 777484 719950 835018
Elk Grove Housing Market Forecast with Real Estate Prices for 2032
January 2032 773584 721754 825414
February 2032 772027 722617 821436
March 2032 771877 712443 831312
April 2032 774211 700661 847762
May 2032 778689 707829 849550
June 2032 784078 729192 838963
July 2032 788889 732878 844900

> Page 2: detailed data / price table <

Best Elk Grove property forecast, Elk Grove house price prediction, Elk Grove housing forecast, Elk Grove property investment tips, Elk Grove prediction, Elk Grove real estate analyst report, Elk Grove property price forecast, Elk Grove housing index forecast tomorrow, Elk Grove real estate technical analysis, Elk Grove property future price, Elk Grove housing projections, Elk Grove property market prognosis, Elk Grove expected house price.
How will Elk Grove house price increase? Will Elk Grove real estate prices go up? Will Elk Grove real estate prices fall? Will Elk Grove house prices drop? Will Elk Grove house prices rise? Is Elk Grove housing price going up? Is it time to buy a Elk Grove home? When will Elk Grove house prices go down? When will Elk Grove real estate prices drop?
* 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.