The Placerville Real Estate market is comprised of approximately 14,000 houses and condos. In 2007 there were nearly 10000 properties valued at $100,000 or more with the majority of them were valued between $300,000 to $750,000. The Estimated median house/condo value in 2007 was upwards of $490,000.
About Placerville
Elevation is approximately 1200 feet, usually below the snow line. The weather is temperate 32 to 110 and sunny throughout most the year. Placerville is approximately 81 square miles and is located in the Sierra Nevada foothills, about half-way between Sacramento and South Lake Tahoe. Placerville is a historic mining town dating back to the 1850′s when the California Gold Rush began. There are many historic buildings along downtown Main street. The county government offices are located in Placerville making it the center of El dorado County. The highway 50 corridor brings commerce to downtown Placerville in from retail sales and services provided. Tahoe travelers stop in Placerville or the way up or down the hill. As you move away from downtown Placerville the setting becomes more rural, as agriculture lands, historic mining areas, and outdoor recreation dominate the landscape.
Placerville Home Values
Placerville home values hit an average of 341,000k as of september of 2009. However, the values held up relatively well when compared to the markets in nearby Sacramento and Stockton. This is because Placerville consist of a a population that is generally older and financially established. Placerville home values have held up well because there are fewer owners that were forced to sell while in the Sacramento area owners had no choice but to sell or walk away from their homes.
Placerville Demographics
Males: 7,627 in the city limits
Females: 7,390 in the city limits
Average household size: 3.3 people
Estimated median household: $59,324
Family households: 80.7%
Households w/ income below the poverty level: 9.4%
Attractions & Things to Do Near Placerville:
Placerville is in a prime location for lots of recreational activities and little boutique shops lining the downtown main street. The following is just a short list of things you can do near Placerville.
- El Dorado National Forest, see clean blue lakes, granite and huge dough fir trees.
- The American River-raft it, kayak it, or just kick back and get a tan.
- South Lake Tahoe-the big lake, skiing, gambling and hiking
- Shopping for antiques or wine from the diVittorio Winery
- Marshall Gold Discovery State Park-take a trip to learn the history of the gold rush.
- Gold Bug Park- a local mine that offers tours inside the wet caves! Watch your head!
- Whitewater rafting, kayaking and tubing is just a short drive away. You can get after all of this.
- Mountain Biking and road cycling are very popular because of the scenic landscape and rural roads.
Homes for Sale in Placerville
Placerville Real Estate is on the upswing if you are in the market for homes for sale in Placerville under 200k. Homes for sale in Placerville that are priced correctly sell fast. As with most markets, foreclosures are setting the bar for home values in the Placerville real estate market.
To find homes for sale in Placerville as well as other real estate opportunities, please visit our MLS Search Page.
