Lodi Housing Market Report – May 2026
Here's a look at how the Lodi, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 65
- Median Sale Price: $600,000
- Average Sale Price: $586,928
- Average Price Per Sq Ft: $315
- Average Days on Market: 71
- Sale-to-List Price Ratio: 99.2%
Month-Over-Month Trends
Compared to April, the median sale price in Lodi moved 1.6% down (from $610,000 to $600,000). The number of homes sold was 23.5% down compared to the prior month (85 vs. 65). Average days on market shifted 24.5% down (94 days to 71 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 3.4% up (from $580,000 to $600,000). Sales volume is 0.0% down year-over-year.
What This Means
Lodi's housing market is showing mixed signals heading into early summer. While the median price of $600,000 is up 3.4% year-over-year, May brought a month-over-month decline of 1.6%, suggesting the market may be hitting a seasonal plateau. The more telling metric is days on market, which dropped significantly to 71 days from 94 in April—a 24.5% improvement that indicates homes are moving faster despite slightly lower asking prices. Sellers are nearly achieving their asking prices at a 99.2% sale-to-list ratio, which is healthy.
However, this month's sales volume dropped 23.5 from April, which warrants caution in interpretation. Given a known data collection issue affecting prior months, this dip likely reflects normal seasonal softness rather than a dramatic market shift. What's more concerning is the growing inventory: 236 active listings with a median asking price of $662,250 suggests sellers may be overpricing relative to actual market value, since those homes are averaging 84 days on market.
Overall, Lodi remains a balanced buyer's market with reasonable transaction speeds and prices, though buyers have more negotiating power than they did a year ago. The higher asking prices on unsold inventory could pressure median prices downward if market conditions don't strengthen soon.
Lodi Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95242 | 39 | $640,000 | $310 | 76 |
| 95240 | 26 | $451,250 | $323 | 64 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 43 | $609,000 | $338 |
| OTHER | 8 | $673,500 | $223 |
| CONDOS | 6 | $262,500 | $279 |
| MOBILE | 2 | $113,450 | $113 |
| FARM | 2 | $915,000 | N/A |
| MULTI_FAMILY | 2 | $582,500 | $270 |
| CONDO | 1 | $254,000 | $279 |
| LAND | 1 | $400,000 | $280 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 2 |
| $200K - $299K | 7 |
| $300K - $399K | 5 |
| $400K - $499K | 11 |
| $500K - $749K | 29 |
| $750K+ | 11 |
Current Active Listings
As of this report, there are 236 active listings in Lodi with a median asking price of $662,250 and an average of 84 days on market.
Thinking About Selling Your Lodi Home?
If you're a homeowner in Lodi 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 Lodi and throughout San Joaquin County — get a no-obligation cash offer today.