Placer County, California Housing Market Prices
Placer County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 4% above the California median More expensive than 74% of counties in California$676,858
-
Median rent 2% above the California median More expensive than 75% of counties in California$2,069
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Placer County | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $676,858 | $650,794 | $248,835 |
| Price Trend (Annual %) | 8.1% | 8.9% | 7.5% |
| Median Gross Rent | $2,069 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 5.6% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Placer County is about 4% higher than in California. Rent is about 2% higher than the California average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Placer County, up about 8.1% and 5.6% a year respectively. Home prices are changing faster.
Median rent in Placer County rose about 58.9% between 2015 and 2024, from $1,302 to $2,069. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 5.8 yearly household incomes in Placer County.
Buying the median-priced home in Placer County costs roughly 27.3 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Placer County. The price-to-rent ratio in California is about 26.6.
| Metric | Placer County | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $676,858 | $650,794 | $248,835 |
| Median Household Income | $115,988 | $99,161 | $80,455 |
| Price-to-Income Ratio | 5.8 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Placer County rose about 112.6%, while median household income rose about 51.3% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Placer County | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 65.9% | 51.7% | 58.5% |
| Rental Rate | 22.2% | 40.8% | 31.2% |
| Vacancy Rate | 11.9% | 7.5% | 10.2% |
| Median Tenure (years) | 15.0 | 15.0 | 15.0 |
| Median Year Moved In | 2011 | 2011 | 2011 |
Placer County has a homeownership rate of 65.9%, higher than the California average of 51.7%. Its housing vacancy rate is 11.9%, compared with 7.5% in California.
Housing Stock
| Metric | Placer County | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.62 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1992 | 1975 | 1978 |
| Median Number of Rooms | 5.9 | 5.0 | 5.5 |
The typical housing unit in Placer County was built around 1992. On average, 2.6 people live in a home with about 5.9 rooms, staying for about 15.0 years on average.
Placer County, CA Housing Compared With Nearby Counties
Placer County, CA is the largest of the 5 counties compared here, 418,934 residents against a local median of 93,494. The measure that sets Placer County, CA apart most is median rent: $2,069, 34% above the local median of $1,549.
Median home price tells the same story from another angle: $676,858 against a local median of $515,277, 31% above it. The counties themselves spread $405 on median rent, so Placer County, CA sits at one end of an already wide local range rather than apart from it. Placer County, CA has the highest median rent of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Placer County, CA | 418,934 | $676,858 #1/5 | $2,069 #1/5 | 74.8% #4/5 |
| Nevada County, CA | 102,481 | $584,770 | $1,677 | 75.5% |
| El Dorado County, CA | 192,661 | $453,089 | $1,715 | 77.2% |
| Amador County, CA | 41,428 | $577,464 | $1,421 | 80.4% |
| Yuba County, CA | 84,507 | $299,499 | $1,310 | 63.5% |
Frequently Asked Questions
Common questions about the housing market in Placer County, California.
What is the median home price in Placer County, California?
The median home price in Placer County, California is $676,858, higher than the California average of $650,794.
What is the average home price in Placer County, California?
The typical home price in Placer County, California, reported as the median sale price, is $676,858. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Placer County, California?
The median gross rent in Placer County, California is $2,069 per month, higher than the California average of $2,036.
What was the median gross rent in Placer County in 2020?
In 2020, the median gross rent in Placer County, California was $1,616 per month.
What is the price-to-rent ratio in Placer County, California?
The price-to-rent ratio in Placer County, California is about 27.3, meaning it would take roughly 27.3 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Placer County.
Are home prices or rent rising faster in Placer County, California?
Both home prices and rent are rising in Placer County, up about 8.1% and 5.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Placer County, California?
65.9% of households in Placer County, California own their home, higher than the California average of 51.7%.
What is the vacancy rate in Placer County, California?
The housing vacancy rate in Placer County, California is 11.9%, higher than the California average of 7.5%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →