2 homes in Ceres

Ceres is a city in Stanislaus County, California. Its population was 49,302 at the 2020 U.S. census, up from 45,417 at the 2010 U.S. census. It is part of the Modesto metropolitan statistical area.
Ceres is a Central Valley city south of Modesto. Features affordable housing, diverse community, and growing development.
Today, Ceres has 2 homes for sale at a median price of $620,000, typically selling in about 27 days. Families here choose from 1 schools rated 8 or higher on the Topfind School Score.
Buyers in Ceres are looking at a median list price of $620,000. On a per square foot basis, the median runs $334. Since January, the median price has moved down about 77.2% to $374,000 as of July.
It takes about 59 days for the typical home here to go under contract. Ceres has 2 active listings on the market right now. No new listings came on the market here in the last 30 days.
Most of what is for sale here is manufactured homes, about 50.0% of the mix, with single family homes accounting for another 50.0%. Among nearby schools, La Rosa Elementary stands out with a Topfind School Score of 8.
Powered by the Topfind School Score
Topfind Market Read
The picture is mixed here. There is only 2.0 months of supply, yet 50% of sellers have trimmed their asking price, and sales volume is down 50% versus six months ago, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$620K
Chart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
2.0 months of supply
Tight Supply2 active listings against the current sales pace works out to about 2.0 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~27 days.
Sales Velocity
How fast homes are selling
Homes are selling quickly, which gives sellers leverage, though prepared buyers can still compete.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 50% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Ceres
Homeownership is higher than average, and most households in this area own rather than rent.
64%
Homeowners
36%
Renters
Homeownership is 8.5 points higher than the California average (55.5%)
13,757 households (2023)
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
Each additional bedroom adds about $150K in value on average.
Price Reductions
1 listings have reduced their price
50% of active listings
Average reduction: 5.0% (~$31K)
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Browse homes for sale in cities near Ceres
There are currently 2 homes for sale in Ceres, ranging from $469,999 to $620,000.
The median list price in Ceres is $620,000. Price per square foot averages $334.
Homes in Ceres currently average 27 days on the market, a brisk pace where attractive homes are gone within a month.
Current conditions point to a balanced market. 1 active listings have reduced their asking price, which signals where sellers are willing to negotiate.
Ceres has 1 school rated 8 or higher on the Topfind School Score, which grades every California school on academics, growth, and environment.
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