95348 Home Values & Market Trends

There are 16 homes currently listed for 95348. 95348 real estate market trends show that home prices range from $59,000 to $650,000, and the median sales price in the 95348 zip code is $412,298.05. The total number of properties sold within the past twelve months is 453. In 95348, 14 properties are in foreclosure, 1 are bank owned properties,and 2 are headed for auction.

95348 Real Estate Market Overview

CityMedian Est. Value
Merced

$ 425,920

$ 243/sqft

Housing Market Summary for 95348

Apr 2023March 2024Change
Median Listing Price$399K$407K2.01%
Median Sold Price$395.4K$407K2.93%
Homes For Sale1312-7.69%
Homes Sold2662743.01%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 95348

The median list price of a home in Merced, is $412,298.05. A total of 16 properties are for sale, and the percentage of properties for sale in the zip code is 16.00%. The total count of 95348 properties is 9,310.

Foreclosure
There is 1 cities within 95348; within this cities, the median estimated home value for homes in foreclosure ranges from $641,200 in merced to the lowest value of $134,900 in merced. Foreclosure homes account for 0.00% of properties in 95348 with merced containing 66 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.12% of all residential properties in 95348 with merced containing 53 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 95348; of that cities, the estimated home value for pre-foreclosure homes ranges from $641,200 in merced to the lowest home value of $187,250 in merced.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 95348 ranges from the highest value of $432,250 in merced to the lowest value of $134,900 in merced. Bank owned homes and properties account for 0.01% of properties in 95348. There is 1 cities within 95348; merced containing 7 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    merced has 6 auction properties, the highest number of properties going to auction in a single city in the state of 95348. Auction homes and other auction properties account for 0.02% of all properties in 95348. There is 1 cities within 95348; of that cities, the median estimated home value for homes going to auction ranges from $412,000 in merced to the lowest value of $250,750 in merced.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.17% of residential properties in 95348 with merced containing 54 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 95348; homes for sale in that cities, have a range of median values from $1,490,000 in merced to the lowest value of $215,982 in merced.
    Sold Homes
    The median value for recently sold homes ranges from $787,102 in merced to the lowest price of $34,227 in merced. There is 1 cities within 95348. merced has 833 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.31% of properties in 95348.

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      Guide for 95348

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      In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.

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      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
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      Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.

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      Recently Listed Homes 95348

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