Merced, CA Housing Market
Median List Price
$435,000
Updated August 2026
Today, Merced has 194 homes for sale at a median list price of $435,000, typically selling in about 58 days.
Merced Market Analysis
Homes in Merced, CA carry a median list price of $435,000. Median pricing works out to $254 per square foot. The median price moved from $398,990 in February to $387,000 in July, a 3.0% decrease over six months.
The typical listing reaches pending status in about 23 days. Right now 194 homes are on the market in Merced, CA. 75 new listings came on the market in the last 30 days.
Six bedroom homes carry the highest medians at $574,750, with two bedroom homes starting the range at $342,500. Single family homes make up about 96.4% of current inventory. Merced, CA covers the 95348, 95340, and 95341 ZIP codes.
Merced Rental Market
Rentals in Merced, CA carry a median asking rent of $2,800. The median rent has been flat over the last five months, $2,000 in November 2025 and $1,995 in June 2026. Right now 2 rentals are on the market in Merced, CA.
Merced Market Pulse
Topfind Market Read
The picture is mixed here. Supply sits at 3.5 months, roughly in step with demand, yet 40% of sellers have trimmed their asking price, and the typical home takes about 58 days to sell, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$435K
↑ 4% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
3.5 months of supply
Balanced Supply194 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~58 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 17% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 53% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Merced
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
44%
Homeowners
56%
Renters
Homeownership is 11.5 points lower than the California average (55.5%)
27,482 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $-6K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$98K)
Price Reductions
77 listings have reduced their price
40% of active listings
Average reduction: 5.3% (~$23K)
Browse Merced Listings
Frequently Asked Questions about the Merced, CA Housing Market
What is the median home price in Merced, CA?
The median list price in Merced is $435,000 as of August 2026, based on 194 active listings.
Is Merced a buyer's market or a seller's market?
Merced currently reads as a balanced market. Active inventory works out to about 3.5 months of supply at the recent sales pace.
How fast do homes sell in Merced?
Homes that closed in the last 90 days typically went under contract in about 23 days. The average home currently for sale has been on the market for 58 days.
Are home prices in Merced going up or down?
The median sale price in Merced is up about 3.7% compared with a year ago.
How many homes are for sale in Merced, CA?
There are 194 homes for sale in Merced right now, including 17 listed within the last week.
What is the median rent in Merced?
The median asking rent in Merced is $2,800 per month, across 2 active rental listings.