Housing in Merced, CA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$407,000

Median List Price

$411,495

Price Per Sq Ft

$247

Days on Market

45

Active Inventory

212

Months of Supply

4.9

Balanced market

Zillow Home Value

$389,440

ZHVI — January 2026

Zillow Rent Index

$1,799

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 3.8%List Price 3.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

16.3%

Off Market in 2 Weeks

19.5%

Sale-to-List Ratio

97.2%

Buyer's market

Sold Above Asking
16.3%
Under Contract in 2 Wks
19.5%
Listings with Price Drops
31.1%

Market Activity

Source: Redfin

Homes Sold

43

New Listings

118

Pending Sales

82

Homes Sold 42.7%New Listings 51.3%Pending 17.1%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$247

Median List $/SF

$252

Sale $/SF 1.2%List $/SF 0.8%Mar 24Jan 26

Merced vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. Merced is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$347,700

Median Rent

$1,293

Total Housing Units

29,208

Vacancy Rate

5.9%

Owner Occupied

44.4%

Renter Occupied

55.6%

Median Property Tax

$2,443

per year

Monthly Cost (w/ Mortgage)

$1,486

Housing Types

Single Family
66.8%
Multi-Family
30.1%
Mobile Home
3.1%

The current median sale price in Merced, CA is $407,000 according to Redfin data. Homes spend a median of 45 days on the market. 16.3% of homes sold above asking price. The market has 4.9 months of supply. The median price per square foot is $247. Zillow's observed rent index is $1,799/month. About 44.4% of housing units are owner-occupied. The median year homes were built is 1983. There are 29,208 total housing units.