95340 Housing Market
Median List Price
$434,900
Updated August 2026
Today, the 95340 ZIP code in Merced, CA has 67 homes for sale at a median list price of $434,900, typically selling in about 79 days.
95340 Housing Market Overview
Buyers in the 95340 ZIP code are looking at a median list price of $434,900. That sits close to the overall Merced figure. Since February, the median price has moved down about 2.2% to $367,000 as of July. The 95340 ZIP code has 67 active listings on the market right now.
95340 Area Market Pulse
Topfind Market Read
The picture is mixed here. Sale prices are up 11% over the last six months and 8% over the past year, yet the typical home takes about 79 days to sell, and 51% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$435K
↑ 8% 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
3.2 months of supply
Balanced Supply67 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 ~79 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The trend is moving the other way though, with selling times down 34% 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 46% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 95340 Area
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 $-35K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$262K)
Price Reductions
34 listings have reduced their price
51% of active listings
Average reduction: 7.5% (~$33K)
Browse 95340 Listings
Frequently Asked Questions about the 95340 Housing Market
What is the median home price in the 95340 ZIP code?
The median list price in the 95340 ZIP code is $434,900 as of August 2026, based on 67 active listings.
Is the 95340 ZIP code a buyer's market or a seller's market?
The 95340 ZIP code currently reads as a buyer's market. Active inventory works out to about 3.2 months of supply at the recent sales pace.
How fast do homes sell in the 95340 ZIP code?
The average home currently for sale in the 95340 ZIP code has been on the market for 79 days.
Are home prices in the 95340 ZIP code going up or down?
The median sale price in the 95340 ZIP code is up about 7.5% compared with a year ago.
How many homes are for sale in the 95340 ZIP code?
There are 67 homes for sale in the 95340 ZIP code right now, including 4 listed within the last week.