Elk Grove, California.
Typical home $624,643 (-1.6% in a year), asking rent $2,688 (+2.0%). Sacramento-Roseville-Folsom, CA metro.
to buy the typical home at today's mortgage rate — +$1,607 (+96%) since Jan 2020.
- 1 year
- Down $10,160 -2%
- $634,803$624,643 since Sep 2025
- 5 years
- Up $26,089 +4%
- $598,554$624,643 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Elk Grove$3,279
- California$3,997
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 81 years.
Typical home values in Elk Grove, CA fell 1.6% over the past year — slower than the nation's +1.2%.
Asking rents in Elk Grove, CA rose 2.0% over the past year — slower than the nation's +2.7%.
Owning the typical home in Elk Grove runs $1,642/mo more than renting one. The gap peaked at $2,075 in Oct 2023.
That is $4,329 a month against $2,688 rent: a $3,279 mortgage payment, plus $382 property tax and $669 insurance & upkeep.
Owning vs renting — Elk Grove
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$4,329
- Renting$2,688
- Mortgage only$3,279
Property tax · $382/mo 0.73% of value a year — the ACS 2020-2024 median bill over the median home value for Sacramento County, CA
Insurance & upkeep · $669/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Elk Grove, Sacramento County, California
Elk Grove is a city of 176,124 people in Sacramento County. Half its households earn more than $125,924 a year and half less, against $92,175 across Sacramento County; 8% of its people live below the poverty line. 74% of its homes are lived in by their owners and 26% are rented. Unemployment in Elk Grove was 5.0% in August 2026, and Sacramento County had 0.8% more jobs in 2025 than the year before. The most residents work in schools and health care, then government.
Written by AI Claude Sonnet 5.5 wrote this on 24 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Elk Grove is a large city south of Sacramento, one of the biggest in the county. Incomes run well above the county's, and more households own their homes than across Sacramento County as a whole. Typical home prices and rents are on the high side, and the share of adults with a four-year degree is solid. Residents tend to be a little older than the national middle, and the winters are mild and wet while the summers turn hot and dry.
Work. Many residents work in schools, hospitals and social care, in government, in professional and business services, and in shops. Among the largest workplaces in Elk Grove are Elk Grove Unified, the school district, along with the California Correctional Health Care Services and the City of Elk Grove itself. Commutes are on the long side, and a good number of people work from home.
Things to do. For a short outing, Stone Lakes National Wildlife Refuge is a protected area a short drive away, and Hornet Stadium is also close by. A longer drive brings you to the Crocker Art Museum and the Sacramento Zoo. Sutter's Fort, a historic fort, is also a longer drive away.
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- 55,592households
- 39%of adults have a degree
- 8%below the poverty line
- 31 mintypical commute
- 21%work from home
What residents work in
Employed residents by industry, from the Census survey. Sacramento County had 733,061 jobs in 2025, 0.8% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 56° and lows near 39°; warmest in July, with highs near 93° and lows near 59°. About 18 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Sacramento Executive Airport weather station, 9 miles away (NOAA).
Largest workplaces in Elk Grove
- Elk Grove UnifiedSchool district5,850FTE
- CDCR HeadquartersCorrectional institutions4,359
- California Correctional Health Care ServicesCorrectional institutions1,608
- City of Elk GroveExecutive and legislative office combinations488
- California Northstate UniversityUniversity or college435
- Costco WholesaleWholesale grocer407
- Berber Food Manufacturing LLC Mi RanchoTortillas manufacturing320
- TargetDiscount department stores302
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 65 workplaces with 20 or more staff, 13,085 people in all. School districts come from the Common Core of Data (NCES, 2023–24) and colleges from IPEDS (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- EarthquakesRelatively moderate
- Inland floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Elk Grove’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Sacramento County and the Sacramento-Roseville-Folsom, CA metro.
Elk Grove home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Elk Grove$624,643
- California$761,538
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Elk Grove listings, and the typical home goes pending in 16 days — the market is heating up.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Elk Grove28.67%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Elk Grove16
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Elk Grove370
New listings per month
Sellers arriving at the market.
- Elk Grove139
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Elk Grove$609,414
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Elk Grove99.76%
Zip codes with a Elk Grove address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Elk Grove — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Elk Grove
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 95624 | Elk Grove | 67,630 | $2,720 | $626,728 |
| 95758 | Elk Grove | 65,725 | $2,521 | $567,194 |
| 95757 | Elk Grove | 56,764 | $2,966 | $684,898 |
| 95830 | Sacramento | 695 | — | $1,007,038 |