The Elk Grove, CA housing market is a balanced market, scoring 47 out of 100 on Pocket Agent Pro’s buyer-to-seller scale, with 474 homes for sale and 2.9 months of supply. Homes in Elk Grove, CA sold for a median of $640,000, down 10.1% from the prior month, or $319 per square foot. The typical home goes under contract in 49 days, sales close at 100.0% of asking price and 37.2% of homes sell above list. 31.0% of active Elk Grove, CA listings have cut their price at least once, a rough gauge of seller flexibility. Figures cover the 30 days through 2026-08-25 and are based on 171 recorded sales and 474 active listings.
| Property | Bd/SqFt | Sold | Closed |
|---|---|---|---|
| 10123 Blue Whale Way, Elk Grove | 4/2,445 | $780,000 | 2026-08-24 |
| 6730 Ashington Way, Elk Grove | 4/2,280 | $615,000 | 2026-08-24 |
| 5116 Moon Lily Way, Elk Grove | 4/2,473 | $677,500 | 2026-08-24 |
| 6650 Chesterbrook Dr, Elk Grove | 4/2,024 | $639,000 | 2026-08-21 |
| 8783 El Toreador Way, Elk Grove | 2/947 | $415,000 | 2026-08-21 |
| 9357 LA Tonis Way, Elk Grove | 3/1,865 | $593,000 | 2026-08-21 |
| 9924 Meadow Oak Cir, Elk Grove | 3/1,403 | $520,000 | 2026-08-21 |
| 5200 Laguna Crest Way, Elk Grove | 3/1,153 | $510,000 | 2026-08-21 |
Elk Grove, CA is currently a balanced market, at 47 out of 100 on our buyer-to-seller scale, which blends months of supply, sale-to-list price, days on market and the share of listings with price cuts. There are 2.9 months of supply — under about 3 months typically favors sellers, over about 6 favors buyers.
The median home in Elk Grove, CA sold for $640,000 over the last 30 days. That is down 10.1% from the month before.
Homes in Elk Grove, CA take a median of 49 days on market to go under contract. Half sell faster than that and half take longer, so a listing sitting well past 49 days is worth a second look on price.
Homes in Elk Grove, CA close at a median of 100.0% of their asking price, and 37.2% sell above list. That ratio is the quickest read on how much room there is to negotiate.
There are 474 homes actively for sale in Elk Grove, CA, about 2.9 months of supply at the current sales pace.