5 homes in near READ ACADEMY OF SACRAMENTO
Homes for Sale near READ ACADEMY OF SACRAMENTO
SACRAMENTO, CA
About Homes near READ ACADEMY OF SACRAMENTO
About SACRAMENTO: READ ACADEMY OF SACRAMENTO is located in SACRAMENTO. Sacramento is the capital city of the U.S. state of California. The county seat of Sacramento County, it is located at the confluence of the Sacramento and American Rivers in the Sacramento Valley. It is the fourth-most populous city in Northern California, sixth-most populous city in the state, and 35th-most populous city in the United States, with a population of 524,943 at the 2020 census. The Sacramento metropolitan area, with 2.46 million residents, is the 27th-largest metropolitan area in the country.
These are homes for sale within about 2 miles of READ ACADEMY OF SACRAMENTO in SACRAMENTO. The area around the school has 5 active listings.
READ ACADEMY OF SACRAMENTO Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. There is only 1.7 months of supply, and the typical home sells in about 25 days. At the same time, sale prices have eased 7% over the last six months, and 40% of sellers have trimmed their asking price, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$540K
↑ 1% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
1.7 months of supply
Tight Supply5 active listings against the current sales pace works out to about 1.7 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~25 days.
Sales Velocity
How fast homes are selling
Homes are selling quickly, which gives sellers leverage, though prepared buyers can still compete. Homes are moving 28% faster than six months ago.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in READ ACADEMY OF SACRAMENTO Area
Homeownership is near the state average, with a balanced mix of owners and renters.
51%
Homeowners
49%
Renters
Homeownership is 4.5 points lower than the California average (55.5%)
199,401 households (2023)
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
Each additional bedroom adds about $182K in value on average.
Price Reductions
2 listings have reduced their price
40% of active listings
Average reduction: 2.7% (~$15K)
READ ACADEMY OF SACRAMENTO Area Market Overview
The homes shown here are near READ ACADEMY OF SACRAMENTO rather than confirmed within an attendance zone, so verify enrollment eligibility with the district. The READ ACADEMY OF SACRAMENTO area currently shows a median list price of $540,000. That is about 20.0% above the SACRAMENTO median. There are 5 homes currently listed for sale in the READ ACADEMY OF SACRAMENTO area. Over the last six months, the median price has eased about 55.7%, from $539,000 in February to $239,000 in July.
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Nearby Schools
Frequently Asked Questions about Homes near READ ACADEMY OF SACRAMENTO
How many homes are for sale in READ ACADEMY OF SACRAMENTO Area, CA?
There are currently 5 homes for sale in READ ACADEMY OF SACRAMENTO Area, ranging from $275,000 to $699,900. 1 of them hit the market within the last week.
What is the median home price in READ ACADEMY OF SACRAMENTO Area?
The median list price in READ ACADEMY OF SACRAMENTO Area is $540,000. Price per square foot averages $351. Prices are up 0.6% compared to a year ago.
How fast do homes sell in READ ACADEMY OF SACRAMENTO Area?
Homes in READ ACADEMY OF SACRAMENTO Area currently average 25 days on the market, a brisk pace where attractive homes are gone within a month.
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