Where to find a middle class home in Sacramento
If you're ready to purchase that million-dollar mansion, yet are not exactly looking for a cheap first home, there are still plenty of neighborhoods in Sacramento that offer a house for the right price. According to ALTOS Research, the median single-family home price recorded in Sacramento on August 17, 2012 was $146,288. The median price paid per square foot for a home in this metro was approximately $269.
There is a wide range of housing prices available in the metro. As a result, potential homebuyers looking for a solid, middle-class house may want to consider exploring the homes for sale in Sacramento. There is a number of deals available across the city in some of the most sought-after neighborhoods.
Here are the ZIP codes for three areas that contain the right home:
1. ZIP code 95826. Located in the heart of Sacramento, this ZIP code covers 10 square miles of land, according to Zip Data Maps. In July 2012, 47 properties sold in the area, which is a 38.2 percent increase from the same time last year. The median price paid for a home in this area was $163,000 – a 7 percent increase from July 2011.
2. ZIP code 95632. In the community of Galt, which is covered by the ZIP code 95632, there were 29 house sales in July 2012, according to DataQuick. This is a decrease of 3.3 percent in the past year. While fewer homes may have sold, there was an increase of 22.5 percent in average asking price to $188,000. The highest home closing price attained was $415,000 for that same month.
3. ZIP code 95662. Take a look at the homes for sale in Orangevale because they are starting to fly off the market. According to the source, 44 homes were sold in June 2012 in the ZIP code – a 12.8 percent increase. The median price in July 2012 was $209,250 for a 19.6 percent improvement. The entire area covers 11 square miles and is home to a strong local economy. Zip Data Maps reports that the current unemployment rate is almost 1 point down from where it was recorded at exactly one year ago.