Old North Sacramento, Sacramento, CA—95815
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Old North Sacramento, Sacramento, CA
As of Oct '25, the median home price in Old North Sacramento, Sacramento, CA is $355,000, with a year-over-year change of -2.8%. This indicates that home prices in Old North Sacramento, Sacramento, CA are decreasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $355,000 | -2.8% |
| Single Family | $356,000 | -2.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $293,000 | -0.3% |
2 Bed | $312,000 | -2.8% |
3 Bed | $365,000 | -2.4% |
4 Bed | $409,000 | -1.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Old North Sacramento, Sacramento, CA
As of July '25, Rentcast reports the average rent in Old North Sacramento, Sacramento, CA is $2,060, with a year-over-year rent change of 15.7%. Per bedroom, the median rent as of July '25 in Old North Sacramento, Sacramento, CA is studios: $1,690, 1-bedrooms: $1,720, 2-bedrooms: $2,190, 3-bedrooms: $2,600, 4-bedrooms: $2,650. The most common rental property sizes in Old North Sacramento, Sacramento, CA are 2-bedroom and 1-bedroom, accounting for 39.7% and 36.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,950 | $2,060 |
| Studio Rent | $1,600 | $1,690 |
| 1 Bed Rent | $1,800 | $1,720 |
| 2 Bed Rent | $2,160 | $2,190 |
| 3 Bed Rent | $2,460 | $2,600 |
| 4 Bed Rent | $2,500 | $2,650 |
% of Rental Stock
Property Listings — Old North Sacramento, Sacramento, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Old North Sacramento, Sacramento, CA is 63. This is a increase of 57.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $380,000 | -5.0% |
Listing Count | 44 | 2.0% |
| Listings as % of Homes | 0.4% | 2.0% |
Days on Market | 63 | 57.0% |
Demographics — Old North Sacramento, Sacramento, CA
As of the latest ACS Survey released in 2023, Old North Sacramento, Sacramento, CA has a population of 26,500, which has increased by 5.1% over the past 5 years. Old North Sacramento, Sacramento, CA is a moderately popular place for families, as children make up 24.3% of the population. The area has a poorly educated workforce, with 16.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,500 | 5.1% |
% Under 18 | 24.3% | -10.3% |
% Seniors | 10.2% | 5.2% |
% WFH | 11.6% | 107.1% |
% w/ College Degree | 16.9% | 21.6% |
As of the latest ACS Survey released in 2023, Old North Sacramento, Sacramento, CA is a predominantly hispanic area, with 42.1% of the population identifying as hispanic. The hispanic population has shrunk by 9.3% in the last 5 years. The second most common race or ethnicity in Old North Sacramento, Sacramento, CA is white, making up 27.9% of the population. Foreign-born residents account for 22.8% of the population in Old North Sacramento, Sacramento, CA, and this percentage has decreased by 16.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 27.9% | -5.7% |
% Black | 12.4% | 11.7% |
% Hispanic | 42.1% | -9.3% |
% Asian | 11.4% | 44.3% |
% Foreign Born | 22.8% | -16.5% |
Mortgage and Risk — Old North Sacramento, Sacramento, CA
According to HUD data as of 2023, there were 236 mortgage originations in Old North Sacramento, Sacramento, CA, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Old North Sacramento, Sacramento, CA. Investor activity is low, as 7.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 236 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Old North Sacramento, Sacramento, CA
As of 2024, the percent of homes in Old North Sacramento, Sacramento, CA under the Section 8 program is 7.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Old North Sacramento, Sacramento, CA, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 529 |
Total Units Section 8 | 432 |
% Rentals under Section 8 | 7.6% |
% Occupied Section 8 | 90.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$370 | $1,800 | $1,430 |
| 2 Bedroom | -$380 | $2,160 | $1,780 |
| 3 Bedroom | -$50 | $2,460 | $2,410 |
| 4 Bedroom | $290 | $2,500 | $2,790 |
Affordability — Old North Sacramento, Sacramento, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6 |
| Median Home Price | $355,000 |
| Median Household Income | $58,600 |