Merced, CA Home Values & Market Trends

Real estate market trends reflect that there have been 1,279 transactions over the past year in Merced. The median value for residential home transactions that occurred over the previous year is $395,422. The number of current listings in Merced is 1,462, and the percentage of properties for sale in the city is 1462.00%. Merced, CA currently has 48 properties in foreclosure, 12 bank owned properties, 11 properties headed for auction, and 1,462 properties for sale.

Merced, CA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
95340

$ 389,999

$ 249/sqft

95341

$ 365,000

$ 246/sqft

95348

$ 418,206

$ 238/sqft

95343

$ --

$ --

Housing Market Summary for Merced, CA

Sep 2025September 2026Change
Median Listing Price$405K$399K-1.48%
Median Sold Price$390.5K$401.7K2.89%
Homes For Sale7491,44993.46%
Homes Sold670501-25.22%
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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 Merced, CA

Merced home values range from $40,643 to $1,360,509. The median estimated value of a home in Merced is $395,422. The median list price of a home is 399,000, and the total count of properties in the city is 2,041.

Foreclosure
There are 4 zips within Merced, CA; within these zips, the median estimated home value for homes in foreclosure ranges from $547,197 in 95341 to the lowest value of $198,643 in 95341. Foreclosure homes account for 2.00% of properties in Merced, CA with 95340 containing 23 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.22% of all residential properties in Merced, CA with 95340 containing 10 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Merced, CA; of those zips, the estimated home value for pre-foreclosure homes ranges from $766,530 in 95348 to the lowest home value of $214,829 in 95340.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Merced, CA ranges from the highest value of $328,051 in 95348 to the lowest value of $198,643 in 95341. Bank owned homes and properties account for 0.59% of properties in Merced, CA. There are 4 zips within Merced, CA; 95341 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    95340 has 8 auction properties, the highest number of properties going to auction in a single zip in the state of Merced, CA. Auction homes and other auction properties account for 0.54% of all properties in Merced, CA. There are 4 zips within Merced, CA; of those zips, the median estimated home value for homes going to auction ranges from $948,570 in 95348 to the lowest value of $267,674 in 95348.
Homes for Sale
Homes and properties that are actively listed for sale account for 71.63% of residential properties in Merced, CA with 95340 containing 566 homes for sale, the highest number of listed properties in a single zip. There are 4 zips within Merced, CA; homes for sale in those zips, have a range of median values from $916,932 in 95341 to the lowest value of $115,000 in 95340.
    Sold Homes
    The median value for recently sold homes ranges from $756,900 in 95348 to the lowest price of $40,643 in 95348. There are 4 zips within Merced, CA. 95348 has 173 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 23.66% of properties in Merced, CA.

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      Guide for Merced, CA

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.