Mortgage Rates in Sacramento, California: 2026 Guide
Current mortgage rates in Sacramento. 30-year fixed: 6.7%. Median home price: $530,000.
Current Mortgage Rates in Sacramento
| Loan Type | Rate | APR | Monthly Payment* |
|---|---|---|---|
| 30-Year Fixed | 6.7% | 6.780% | $2,736/mo |
| 15-Year Fixed | 6.18% | 6.250% | $3,619/mo |
| 5/1 ARM | 6.08% | 6.430% | $2,564/mo |
* Based on 20% down. Actual rates vary.
Median Home Prices in Sacramento
The median home price in Sacramento is $530,000, making it one of the more affordable major cities in California. Neighborhoods like Midtown and East Sacramento offer charm and walkability, while suburbs like Elk Grove and Folsom provide newer construction and more space for families.
Cost of Living & Property Taxes
With California’s property tax rate of 0.76%, annual taxes on a median home in Sacramento would be about $4,028.
Sacramento Market Insights
Sacramento has become increasingly popular with buyers priced out of the Bay Area, driving steady demand and home price appreciation. The state capital offers a more affordable entry point to California homeownership, with a median price significantly below the coastal metros. The market has seen strong interest from remote workers relocating from San Francisco and Silicon Valley, and new developments in the suburbs continue to expand housing options.