Most people think of movie stars, sand, and surf when thinking of California. Well, you’re in for a surprise today. Some cities, such as neighborhoods in Sacramento, have much more to offer than glamorous living and fancy cars.
Sacramento is in the top five for the best places to live in terms of high quality of life. There are many things to see and do in this thriving city, such as attending cultural events, taking in the downtown area’s sights, grabbing a bite to eat in world-class restaurants, and so on.
Sacramento is one of California’s most popular places to live, with many entertainment opportunities. But before relocating and buying a home, you should know what neighborhoods would best suit your needs and lifestyle. Keep reading to get the best insights!
What Makes Sacramento Real Estate Market Special
The real estate market in Sacramento is experiencing a good year. With reduced foreclosure rates and low unemployment rates, homes and apartments in the Sacramento area are rising thanks to their unique characteristics.
Those looking to purchase a house in Sacramento have plenty of options to choose from these days. It is one of those cities that are awash in home inventory, and there are a lot of homes for sale at any given time.
If you’re looking to sell your home, then you’re in luck because the housing market is improving and growing steadily in Sacramento. Furthermore, real estate agents expect it to improve even more in the coming years.
The real estate market in Sacramento offers something for everyone, including growing families, young professionals, singles, and investors.
Sacramento Real Estate: Best Neighborhoods to Live in
Are you looking for a neighborhood with better schools? Are you relocating from another state, thinking about downsizing/upgrading, or did your job bring you here? Are you an investor looking for a popular area in the northern part of California?
If so, you might be wondering, what are some of the next up-and-coming neighborhoods in the Sacramento area that I need to pay attention to for the perfect real estate investment?
You never know where the best deals are unless you get out there and look for them. We will narrow down your search by selecting the top ten best areas to live in the Sacramento area to make this easier for you.
- North Highlands
- River Park
- South Land Park
If you want to buy a home in Sacramento, hire a professional real estate agent who will get you the best deal on purchasing a new house. Realtors can also help sellers get the right price for their homes and make suggestions to improve the value before trying to sell them on the market.
Best Up-and-Coming Neighborhoods in Sacramento to Buy a House
In 2022, the median home price in California will increase about 5% to $834,000, and it will continue to rise in Sacramento too. As a prospective homebuyer, you want to choose a community where prices are still relatively low, right?
Here are some of the up-and-coming Sacramento neighborhoods to purchase a house:
- East Sacramento (aka, East Sac)
- West Sacramento (aka, West Sac)
- Oak Park
- Elk Grove
As the name suggests, East Sacramento is located east of downtown. This large area comprises a lot of different neighborhoods, each of which has its charm and personality. Many classic homes have a unique character, so it’s hard to find two identical houses here.
You can reach the nearby commercial districts quickly by car or bike. Likewise, the Sacramento Downtown is only a short drive away. Among other things, that drives the average price of homes in this part of the city, which goes over $500,000.
Located close to Downtown Sacramento by the river, West Sacramento entices families and young professionals with safe tree-lined streets, restaurants, and bars. There are a lot of new establishments in this area.
The Bridge District is an up-and-coming neighborhood where buyers can find many newer condos and loft developments. In recent years, the West Sac housing market has exploded, so it’s not easy to find an inexpensive home these days.
Houses sell for over $350,000 in most neighborhoods. Yet there are still affordable neighborhoods, such as Broderick, where you can buy a 3-bedroom home for about $250,000.
If you are looking for a home southeast of the downtown area, you should consider Oak Park. Keep in mind that it is still not a neighborhood with commercial appeal. Nevertheless, it’s booming and expanding as new districts sprout up.
That encourages companies and businesses to go into this thriving area. As a result, there is a growing number of commercial sites like the Oak Park Farmers Market, Oak Park Brewing Co., and art studios, just to mention a few.
That makes this neighborhood the next big thing in Sacramento. The proximity to downtown is the main reason why home prices rise steadily here. Right now, the average home price is roughly $350,000, but it’s going to reach $500,000 in a few years.
This makes Oak Park popular with both first-time homebuyers and investors.
This Sacramento suburb has started to boom in development since 2002. It offers incredible aquatics centers and easy access to beautiful parks and freeways. There’s a stunning greenbelt along a river where couples and families enjoy spending time.
Elk Grove has one of the most competitive Sacramento real estate markets, and many subdivisions feature affordable housing. For example, you can purchase a spacious 2000 sq. ft. home for approximately $350,000, making this a great place to raise a family.
Rocklin is also one of the Sacramento up-and-coming neighborhoods worth considering. Lying northeast of downtown along the I-80, this area is an exciting mix of quiet communities and bustling commercial districts.
It’s located close to Yosemite National Park and Folsom Lake SRA in the breathtaking Sierra-Nevada foothills. Homes sell for $440K on average in Rocklin, and the sales prices are bound to go higher.
That said, buyers should be aggressive and act fast when they notice something that fits their needs and budget in this area.
If you want to buy or sell your home, you can easily find some excellent properties in the ten cities above. Sacramento is a great place to call home for anybody who loves nature, culture, and family values.
Contact us today if you want to get more details about the up-and-coming neighborhoods in Sacramento, California. We can help you sell your home or find the perfect house in a city that continues to deliver great value to its residents.