Downtown Sacramento offers diverse home styles, plenty of nearby outdoor recreation options, growing economic stability and a burgeoning cultural scene to its residents, ranking it eighth in the top ten best cities in which to live and work. Boasting charming Victorian and Craftsman style homes to new condominiums and modern lofts, Downtown, or Midtown as the locals refer to it, offers a blend of old and new. Midtown presents residents with a bevy of restaurants, art studios, night life, parks and the light rail adding to the allure of city living. With a much shorter commute than neighboring cities, Midtown is experiencing a resurgence of suburbanites heading back to the charm, accessibility and affordability of Downtown Sacramento.
Featuring an Art Walk and Antique Faire every month, the downtown populace is afforded plenty of things to do. Draped with a canopy of trees lining the streets, Downtown Sacramento has become a welcoming walking city for its nearly 50,000 residents. The Sacramento Regional Transit provides light rail and bus service throughout the city providing transportation options to The Sacramento Community Center Theater, which features the orchestra, ballet and opera, as well as The Wells Fargo Pavilion and historic Memorial Auditorium. With its walkable scale and proximity to the region's best restaurants, theaters and attractions, Downtown Sacramento is the ideal place to live.
Real Estate Market Summary: Prices of Downtown Sacramento Homes for Sale
From urban loft spaces to traditional 19th century homes, Downtown Sacramento homes offer a diverse palate of refurbished Victorians and Craftsman Bungalows as well as luxury high-rise dwellings and new condos. Single-family Downtown Sacramento homes start in the $100,000s and can go up to $600,000 with select amenities. Downtown Sacramento town homes and condominiums vary from older building to posh and modern spaces can be found starting from $125,000. Investment property in Downtown Sacramento is also plentiful at prices starting from $115,000.
Downtown Sacramento Real Estate Stats and Trends for the week of February 1st, 2016: homes priced around $532,051 compared to $520,438 the previous week, showing a increase of more than +2%. For Friday, February 5th, the current national mortgage rate for a 30 year fixed mortgage is 3.76%; the 15 year fixed rate is at 2.82%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.12%, while the 15 year jumbo rate currently is at 3.74%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Downtown Sacramento CA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Downtown Sacramento to help you find the best home!