Welcome to our 95608 real estate data hub, tailored for investors in Carmichael, CA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 95608 in Carmichael, CA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in SACRAMENTO COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Carmichael, CA real estate investing. Uncover the wealth of information available, and position yourself for success in the Carmichael property market.
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Location Overview
- Zip Code: 95608
- City: Carmichael
- State: CA
- Metro Area: Sacramento-Roseville-Folsom, CA
- County Name: SACRAMENTO COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $539,309
- Average Home Price (Single Family Homes): $546,622
- Average Monthly Rental Price (All Types): $1,905
- Price-to-Rent Ratio: 24
- Zillow Projected % appreciation from 4/2023-4/2024: -0.9%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,650
- Average 3 Bedroom Section 8 Rental Rates: $2,340
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 27.24
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 19.21
- Number of Units Offered in Section 8 in the County: 6948
- Number of Occupied Units in Section 8 in the County: 6362
- Percentage of Section 8 Units Occupied in the County: 91.59999847%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 206.03
- Total % Appreciation since 2000 (Government Data): 179.52
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -2.33%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -3.7%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 23.34%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 34.61%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 106.58%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 55.21%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 94.59%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 0.25%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 1.71%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 25.22%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 38.44%