Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$684,800+1.3% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 21% have cut their price
Income needed to buy, per year$148,450About 1.3× the local median income ($115,845): a stretch for a typical household
Days on market58 daysAbout the same pace as a year ago
Next 12 months−0.8%Zillow expects prices to dip slightly
The typical home in Placer County, CA is worth $684,800, up 1.3% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $680,138, so the area is 0.7% overvalued. It is a balanced market, leaning toward buyers: homes take about 58 days to sell, listings are up 1% from a year ago, 21% of listings have had a price cut. Zillow expects prices to fall about 0.8% over the next year. A household needs about $148,450 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $115,845. Typical rent is $2,565 a month, or $3,175 for a house. In the latest IRS figures, 5,642 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$684,800
Change in 1 year
+1.3%
Overvalued %
+0.7%
Show 7 more
Fair home value
$680,138
Change in 5 years
+4.6%
Zillow forecast, next 12 months
−0.8%
Home value to income
5.9×
Monthly mortgage payment (20% down)
$3,711
Income needed to afford it
$148,450
Property tax rate
0.84%
Rent and investing
Typical rent
$2,565
Typical rent for houses
$3,175
Price-to-rent ratio
22.2×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$2,201
Gross rental yield
4.49%
Cap rate (estimate)
2.92%
Market activity
Listings vs a year ago
+1.2%
Days on market
58
Listings with a price cut
20.6%
Show 3 more
Homes for sale
1,395
Pending sales per 100 listings
33
Asking price per sq ft
$361
People and jobs
Median household income
$115,845
Population change (1 year)
+1.8%
Unemployment rate
4.8%
Show 4 more
Population
442,081
Income adjusted for cost of living
$108,571
Net moves in (IRS)
+5,642
Cost of living (US = 100)
106.7
Schools, risk and environment
School rating (1 to 10)
8.2
FEMA hazard risk score (0 to 100)
93.1
Unhealthy air days a year
2
Show 4 more
Flood risk score
95.8
Wildfire risk score
98.7
Walkability (1 to 20)
10.3
Road, rail and air noise
53 dB
Questions people ask
Is Placer County, CA overvalued?
Home prices in Placer County, CA are slightly above what local incomes have historically supported: fair value is about $680,138, so the area is 0.7% overvalued.
Is Placer County, CA a buyer's or seller's market?
Placer County, CA is a balanced market, leaning toward buyers: homes take about 58 days to sell, listings are up 1% from a year ago, 21% of listings have had a price cut.
Are home prices going down in Placer County, CA?
Home values in Placer County, CA are up 1.3% over the last year. Zillow's forecast for the next 12 months is −0.8%.
How much do you need to earn to buy a home in Placer County, CA?
A household needs about $148,450 a year to afford the typical home in Placer County, CA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $115,845.