Placer County, California Housing Market

In Placer County, California, the median home value is $688,100, with a median monthly rent of $2,069. This places Placer County at #54 nationally out of 3134 counties by median home value, and #18 within California.

Median Home Value $688,100
Median Rent $2,069/mo
Owner Occupancy 74.8%
Price/Rent Ratio 27.7

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Placer County rose +0.9% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

165,925
jobs (private sector)
  • Avg weekly wage: $1,448
  • Establishments: 15,910
  • BLS QCEW, 2025
🏗️

Housing Supply

3,254
new units authorized (2025)
  • Single-family: 2,462
  • Multi-family: 792
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+6352
net migration (filers, 2021-2022)
  • Inflow: 172,852 (avg $131,737)
  • Outflow: 166,500 (avg $131,873)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Placer County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 96141 316.4 -18.58% 2025
2 96148 273.1 — 2025
3 95703 232.0 +14.94% 2025
4 96140 256.7 -9.34% 2025
5 95663 310.3 +8.32% 2025
6 96145 338.6 +6.56% 2025
7 95746 289.0 +3.18% 2025
8 95626 357.4 +6.56% 2025
9 95678 292.2 -1.54% 2025
10 95631 243.6 +1.42% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Placer County Compares

MetricPlacer CountyCalifornia AverageU.S. Average
Median Home Value $688,100 $609,221 $227,706
Median Gross Rent $2,069 $1,690 $968
Owner Occupancy Rate 74.8% 63.4% 73.3%
Price/Rent Ratio 27.7 28.5 18.7

Market Analysis

The median home value in Placer County is 12.9% above the California state average and 202.2% above the U.S. national average. The median rent of $2,069/month is 22.4% above the state average.

With a price-to-rent ratio of 27.7, Placer County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Placer County has an owner-occupancy rate of 74.8%, compared to 63.4% in California and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Teton County Idaho $690,500 $1,319
Nassau County New York $684,700 $2,252
Norfolk County Massachusetts $683,900 $2,149
Snohomish County Washington $696,000 $1,949
El Dorado County California $679,900 $1,715

Other Counties in California

CountyMedian Home ValueMedian RentOwner Occ.
El Dorado County $679,900 $1,715 77.2%
Mono County $639,400 $1,629 65.4%
Nevada County $621,800 $1,677 75.5%
Yolo County $620,700 $1,857 54.3%
Solano County $617,700 $2,163 63.0%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).