Gustine Housing Market Report – April 2026
Here's a look at how the Gustine, CA real estate market performed in April 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 2
- Median Sale Price: $62,499
- Average Sale Price: $62,500
- Average Price Per Sq Ft: $67
- Average Days on Market: 63
- Sale-to-List Price Ratio: 93.8%
Month-Over-Month Trends
Compared to March, the median sale price in Gustine moved 83.7% down (from $382,500 to $62,499). The number of homes sold was 50.0% down compared to the prior month (4 vs. 2). Average days on market shifted 56.6% down (145 days to 63 days).
Year-Over-Year Comparison
Compared to April 2025, the median sale price is 84.5% down (from $404,000 to $62,499). Sales volume is 71.4% down year-over-year.
What This Means
Gustine's housing market is experiencing a dramatic contraction that suggests something unusual happened in April. The median home price crashed 83.7% month-over-month to just $62,499, while sales volume dropped 50 percent. Both figures sold were mobile homes, which explains the sharp price decline from March's data. Year-over-year comparisons are equally stark, with prices down 84.5% and volume down over 70 percent. This isn't a typical seasonal slowdown—this is a market that has largely exited the residential single-family space.
The lingering inventory tells the real story. Thirty-one active listings sit on the market with a median asking price of $449,500, yet only two sales closed in April. Those listings have been waiting an average of 145 days, indicating serious pricing disconnect between seller expectations and buyer reality. The fact that homes actually sold at just under $62,500 while asking prices hover around $450,000 suggests sellers in Gustine are either unrealistic about current demand or holding properties for reasons beyond immediate sale.
For buyers, there's opportunity here, but it reflects deeper economic challenges in this agricultural community. The 93.8 percent sale-to-list ratio on those mobile home sales shows motivated sellers, though the minuscule transaction volume means this market is essentially stalled rather than active.
Gustine Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95322 | 2 | $62,499 | $67 | 63 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| MOBILE | 2 | $62,499 | $67 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 2 |
Current Active Listings
As of this report, there are 31 active listings in Gustine with a median asking price of $449,500 and an average of 145 days on market.
Thinking About Selling Your Gustine Home?
If you're a homeowner in Gustine considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Gustine and throughout Merced County — get a no-obligation cash offer today.
