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- Modesto Housing Market
Modesto, CA Housing Market
Median List Price
$449,900
Updated August 2026
Today, Modesto has 41 homes for sale at a median list price of $449,900, typically selling in about 36 days.
Modesto Market Analysis
Modesto, CA currently shows a median list price of $449,900. There are 41 homes currently listed for sale in Modesto, CA. 15 new listings came on the market in the last 30 days.
Two bedroom homes are the most affordable tier at a median of $312,750, while six bedroom homes top the range at $679,500. The housing stock skews toward single family homes, at about 82.9% of active listings, with condos accounting for another 17.1%. Over the last six months, the median price has eased about 29.1%, from $550,000 in February to $390,000 in July. Median pricing works out to $302 per square foot.
Median time from listing to accepted offer is about 11 days. Homes move quickly at that pace, which favors sellers and rewards buyers who come prepared. Modesto, CA covers six ZIP codes, among them 95355, 95350, and 95351.
Modesto Rental Market
Modesto, CA currently shows a median asking rent of $3,000. There are 2 homes currently listed for rent in Modesto, CA.
Modesto Market Pulse
Topfind Market Read
The picture is mixed here. The typical home sells in about 36 days, yet supply sits at 5.9 months, roughly in step with demand, and 37% 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
$450K
↑ 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
5.9 months of supply
Balanced Supply41 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 ~36 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. That said, the pace has eased 14% versus six months ago.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in Modesto
Homeownership is near the state average, with a balanced mix of owners and renters.
58%
Homeowners
42%
Renters
Homeownership is 2.5 points higher than the California average (55.5%)
72,418 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $135K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 1 → 2 bedrooms (+$194K)
Price Reductions
15 listings have reduced their price
37% of active listings
Average reduction: 5.4% (~$24K)
Browse Modesto Listings
Frequently Asked Questions about the Modesto, CA Housing Market
What is the median home price in Modesto, CA?
The median list price in Modesto is $449,900 as of August 2026, based on 41 active listings.
Is Modesto a buyer's market or a seller's market?
Modesto currently reads as a balanced market. Active inventory works out to about 5.9 months of supply at the recent sales pace.
How fast do homes sell in Modesto?
Homes that closed in the last 90 days typically went under contract in about 11 days. The average home currently for sale has been on the market for 36 days.
Are home prices in Modesto going up or down?
The median sale price in Modesto is up about 3.9% compared with a year ago.
How many homes are for sale in Modesto, CA?
There are 41 homes for sale in Modesto right now, including 4 listed within the last week.
What is the median rent in Modesto?
The median asking rent in Modesto is $3,000 per month, across 2 active rental listings.