Four sales, four new listings, and acreage still doing most of the talking. Here's what happened in Loomis and Penryn this week.
By Meghan Mitchell, Realtor & Ryan Mitchell, Mortgage Lender
The Week at a Glance
4 New Listings | 2 Went Pending | 4 Sold | 47 Avg Days on Market (Sold) |
The median sold price landed at $1,225,000. Every sale this week came with real land attached, from 5 acres up to 10. The two homes that went under contract averaged 14 days on market. Not frantic. Not frozen. Just moving.
New on the Market
| Address | Price | Bd/Ba | Sq Ft / Acres |
|---|---|---|---|
| 5571 Monte Claire Ln, Loomis | $2,500,000 | 4 / 3.5 | 4,650 sf · 1.00 ac |
| 3920 Bankhead Rd, Loomis | $2,325,000 | 5 / 4.5 | 3,602 sf · 2.30 ac |
| 2850 Delmar Ave, Penryn | $1,099,000 | 3 / 2.5 | 2,477 sf · 0.74 ac |
| 6341 David Ave, Loomis | $719,000 | 3 / 2 | 1,527 sf · 0.15 ac |
Listed by: Monte Claire Ln, Nick Sadek Sotheby's International Realty · Bankhead Rd, RE/MAX Gold El Dorado Hills · Delmar Ave, eXp Realty of California, Inc. · David Ave, USKO Realty
Three Worth Talking About
1 | 7845 Jeannie Ct, Loomis: sold for $1,575,000. Five acres, 4 beds, 3 baths, 2,762 sq ft. It listed at $1,700,000 and closed at about 93% of that after 51 days. That's what a realistic acreage sale looks like right now. Patience, then a deal. (Listing: RE/MAX Gold) |
2 | 6065 Indian Springs Rd, Loomis: land sold for $835,000. About 6.8 acres of raw residential acreage. It took 128 days and closed at roughly 95% of its $875,000 list price. Land buyers take their time. They walk it, they ask about wells and septic, they think. Then they buy. (Listing: RE/MAX Gold El Dorado Hills) |
3 | 5571 Monte Claire Ln, Loomis: new at $2,500,000. The top new listing of the week. 4,650 sq ft, 4 beds, 3.5 baths on one acre. It's priced above every sale we saw this week, so it'll be a good one to watch. (Listing: Nick Sadek Sotheby's International Realty) |
4 | 5721 Craig, Loomis: pending at $575,000. 3 beds, 2 baths, 1,320 sq ft on a fifth of an acre. It went under contract at 19 days. Sensibly priced homes in town are still finding buyers. (Listing: Gateway Properties) |
Pending & Sold
| Address | Status | Price | DOM | Bd/Ba · Sq Ft / Acres |
|---|---|---|---|---|
| 5721 Craig, Loomis | Pending | $575,000 list | 19 | 3/2 · 1,320 sf · 0.20 ac |
| 3655 Wine Way, Loomis (land) | Pending | $500,000 list | 8 | Lot · 1.02 ac |
| 7845 Jeannie Ct, Loomis | Sold | $1,575,000 (list $1,700,000) | 51 | 4/3 · 2,762 sf · 5.00 ac |
| 3500 Winter Ln, Loomis | Sold | $1,250,000 (list $899,000) | 6 | 3/2.5 · 2,196 sf · 7.75 ac |
| 6569 Brace Rd, Loomis | Sold | $1,200,000 (list $1,700,000) | 1 | 3/2 · 1,448 sf · 10.00 ac |
| 6065 Indian Springs Rd, Loomis (land) | Sold | $835,000 (list $875,000) | 128 | Lot · 6.80 ac |
Listed by: Craig, Gateway Properties · Wine Way, Gold & Granite Realty · Jeannie Ct, RE/MAX Gold · Winter Ln, Roots Real Estate Group · Brace Rd, eXp Realty of California Inc. · Indian Springs Rd, RE/MAX Gold El Dorado Hills
Meghan's Take
This was an acreage week. All four sales sat on 5 to 10 acres, and the prices were all over the map. One sold well over its list price in under a week. Others sold for less than they asked after months of waiting.
That's rural Loomis in a nutshell. No two parcels are alike, so there's no tidy price per acre. The well, the septic, the road, the fire insurance quote, the views, the outbuildings. All of it moves the number.
If you're selling land out here, list at the right price on day one. If you're buying, do your homework before you write the offer. Out here, the details set the price.
Ryan's Take
Rate check: Freddie Mac's survey released October 15, 2026 put the average 30-year fixed at 7.40%, unchanged from the week before.
This week's tip: acreage appraisals. When every sale nearby has a different amount of land, the appraiser has to work harder to find good comps. Some loan programs also get picky when the land makes up a big share of the value. If you're eyeing a 5- or 10-acre property, talk to your lender before you fall in love. Ask how they handle acreage, and plan for the appraisal to take a little longer. A quick call now beats a surprise in escrow.
What's your Loomis or Penryn home worth right now?
Not an online estimate. A real number from someone who sells here. Call or text me.
Meghan Mitchell, Licensed CA Realtor · DRE #01440500 · 916-871-5466 · [email protected]
Ryan Mitchell, Mortgage Lender · Loan Factory · NMLS #2603666 · 916-202-7202
Data from MetroList MLS for ZIP codes 95650 and 95663, residential and land, status changes October 12–18, 2026. Deemed reliable but not guaranteed. Days on market reflects MLS DOM. Not intended to solicit properties currently listed with another broker. Rate data: Freddie Mac Primary Mortgage Market Survey. Not a commitment to lend.
