Keyes Housing Market Report – March 2026

By Jessica

Here's a look at how the Keyes, CA real estate market performed in March 2026, based on actual sold data from the MLS.

Market Snapshot

  • Homes Sold: 1
  • Median Sale Price: $332,500
  • Average Sale Price: $332,500
  • Average Price Per Sq Ft: $308
  • Average Days on Market: 40
  • Sale-to-List Price Ratio: 95.1%

Month-Over-Month Trends

Compared to February, the median sale price in Keyes moved 41.8% down (from $571,000 to $332,500). The number of homes sold was 50.0% down compared to the prior month (2 vs. 1). Average days on market shifted 66.1% down (118 days to 40 days).

Year-Over-Year Comparison

Compared to March 2025, the median sale price is 39.0% down (from $545,000 to $332,500). Sales volume is 90.9% down year-over-year.

What This Means

Keyes' real estate market is moving in slow motion right now, and the March data tells a cautionary tale. With just one home sold and a massive 90.9% year-over-year decline in sales volume, this rural San Joaquin Valley community is struggling to attract buyers. The median price has plummeted 39% compared to last year, dropping from $545,000 to $332,500, suggesting sellers are finally adjusting to market reality after holding out for premium prices. That said, the one sale that did close went for 95.1% of the asking price, which is actually a reasonable outcome in a buyer's market.

The month-over-month improvements are more encouraging—prices down 41.8% and days on market cut from 118 to 40—but that likely reflects one lower-priced property closing rather than a genuine market shift. The real concern is the gap between current sellers' expectations and buyer interest. With 11 active listings sporting a $565,000 median asking price, there's a significant disconnect from what actually sold in March. Spring typically brings more activity to the market, but Keyes' inventory sitting at high price points while buyer demand remains dormant suggests homes could linger here for months.

Keyes Sales by Zip Code

Zip Code Homes Sold Median Price Avg $/SqFt Avg DOM
95328 1 $332,500 $308 40

Sales by Property Type

Property Type Homes Sold Median Price Avg $/SqFt
SINGLE_FAMILY 1 $332,500 $308

Sales by Price Range

Price Range Homes Sold
$300K - $399K 1

Current Active Listings

As of this report, there are 11 active listings in Keyes with a median asking price of $565,000 and an average of 58 days on market.

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