Lemon Hill, Sacramento, CA—95824
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lemon Hill, Sacramento, CA
As of Oct '25, the median home price in Lemon Hill, Sacramento, CA is $361,000, with a year-over-year change of -3.3%. This indicates that home prices in Lemon Hill, Sacramento, CA are decreasing. According to Zillow, the 1-year price projection is -1.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $361,000 | -3.3% |
| Single Family | $361,000 | -3.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $316,000 | -4.2% |
3 Bed | $362,000 | -3.5% |
4 Bed | $413,000 | -2.8% |
| 5 Bed | $501,000 | -3.3% |
% of Housing Stock
Rental Trends — Lemon Hill, Sacramento, CA
As of July '25, Rentcast reports the average rent in Lemon Hill, Sacramento, CA is $1,690, with a year-over-year rent change of 3.0%. Per bedroom, the median rent as of July '25 in Lemon Hill, Sacramento, CA is studios: $1,080, 1-bedrooms: $1,320, 2-bedrooms: $1,600, 3-bedrooms: $2,160, 4-bedrooms: $2,600. The most common rental property sizes in Lemon Hill, Sacramento, CA are 2-bedroom and 3-bedroom, accounting for 46.0% and 23.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,690 |
| Studio Rent | $700 | $1,080 |
| 1 Bed Rent | $1,300 | $1,320 |
| 2 Bed Rent | $1,500 | $1,600 |
| 3 Bed Rent | $2,250 | $2,160 |
| 4 Bed Rent | $2,600 | $2,600 |
% of Rental Stock
Property Listings — Lemon Hill, Sacramento, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Lemon Hill, Sacramento, CA is 56. This is a increase of 61.0% 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 41.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $400,000 | 3.0% |
Listing Count | 44 | 36.0% |
| Listings as % of Homes | 0.3% | 36.0% |
Days on Market | 56 | 61.0% |
Demographics — Lemon Hill, Sacramento, CA
As of the latest ACS Survey released in 2023, Lemon Hill, Sacramento, CA has a population of 32,400, which has increased by 7.1% over the past 5 years. Lemon Hill, Sacramento, CA is a popular place for families, as children make up 29.1% of the population. The area has a poorly educated workforce, with 12.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 32,400 | 7.1% |
% Under 18 | 29.1% | 1.4% |
% Seniors | 10.8% | 10.2% |
% WFH | 9.4% | 88.0% |
% w/ College Degree | 12.2% | 58.4% |
As of the latest ACS Survey released in 2023, Lemon Hill, Sacramento, CA is a predominantly hispanic area, with 43.1% of the population identifying as hispanic. The hispanic population has grown by 15.2% in the last 5 years. The second most common race or ethnicity in Lemon Hill, Sacramento, CA is asian, making up 29.2% of the population. Foreign-born residents account for 32.6% of the population in Lemon Hill, Sacramento, CA, and this percentage has decreased by 7.1% 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 | 12.5% | -15.0% |
% Black | 10.6% | 1.9% |
% Hispanic | 43.1% | 15.2% |
% Asian | 29.2% | 6.6% |
% Foreign Born | 32.6% | -7.1% |
Mortgage and Risk — Lemon Hill, Sacramento, CA
According to HUD data as of 2023, there were 223 mortgage originations in Lemon Hill, Sacramento, CA, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Lemon Hill, Sacramento, CA. Investor activity is low, as 4.0% 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 | 223 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Lemon Hill, Sacramento, CA
As of 2024, the percent of homes in Lemon Hill, Sacramento, CA under the Section 8 program is 10.4%. 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. In Lemon Hill, Sacramento, CA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 602 |
Total Units Section 8 | 548 |
% Rentals under Section 8 | 10.4% |
% Occupied Section 8 | 89.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $50 | $1,300 | $1,350 |
| 2 Bedroom | $180 | $1,500 | $1,680 |
| 3 Bedroom | $30 | $2,250 | $2,280 |
| 4 Bedroom | $30 | $2,600 | $2,630 |
Affordability — Lemon Hill, Sacramento, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.7 |
| Median Home Price | $361,000 |
| Median Household Income | $53,900 |