Placer County is Growing While California Shrinks – Here’s What That Means for Real Estate
Posted by Patrick Hake on
While many parts of California have seen population declines in recent years, Placer County continues to grow. More people are choosing to relocate here, fueling demand for housing and strengthening our local real estate market. But where are they coming from, and what does this mean for buyers and sellers? Let’s take a closer look.
Placer County’s Population Growth (2020-2024)
Between 2020 and 2024, Placer County’s population grew by approximately 8,100 residents, which equates to an annual growth rate of 0.5%. This growth was largely concentrated in the county’s incorporated cities—Roseville, Rocklin, and Lincoln—which collectively grew by 10,052 residents (0.9% annual growth). Meanwhile, unincorporated areas saw a slight decline of about 1,947…
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Historically, the answer has shown a consistent trend. My friend Ryan Lundquist over at the Sacramento Appraisal Blog has shared a fantastic visual that illustrates what’s been happening in the Sacramento market since 1975. The green sections indicate election periods, with white periods showing what followed. The trend is clear—whatever the market was doing before the election usually continued afterward. If prices were rising before an election, they generally kept rising; if prices were dipping, that trend tended to…