Los Banos Housing Market Report – April 2026
Here's a look at how the Los Banos, CA real estate market performed in April 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 27
- Median Sale Price: $450,000
- Average Sale Price: $448,070
- Average Price Per Sq Ft: $261
- Average Days on Market: 81
- Sale-to-List Price Ratio: 99.0%
Month-Over-Month Trends
Compared to March, the median sale price in Los Banos moved 5.0% up (from $428,490 to $450,000). The number of homes sold was 18.2% down compared to the prior month (33 vs. 27). Average days on market shifted 13.8% down (94 days to 81 days).
Year-Over-Year Comparison
Compared to April 2025, the median sale price is 4.3% down (from $470,000 to $450,000). Sales volume is 18.2% down year-over-year.
What This Means
Los Banos is showing some mixed signals this spring. The median price jumped 5 percent month-over-month to $450,000, which looks encouraging at first glance, but that's really just normal seasonal movement as we head into peak buying season. More telling is the year-over-year decline of 4.3 percent—homes are actually selling for less than they did in April 2025, suggesting the market has softened over the past year despite modest monthly gains.
The bigger concern is volume. Sales dropped 18.2 percent both month-over-month and year-over-year, indicating fewer buyers are actively purchasing. However, the positive news is that homes are moving faster, with average days on market dropping from 94 to 81 days. That said, sellers aren't getting their asking prices, evidenced by the 99 percent sale-to-list ratio, which means the occasional price cut is happening.
The inventory situation tells the real story. With 187 active listings asking an average of $495,000, the supply-demand balance has shifted toward sellers having more choice. This typical spring inventory surge, combined with slowing sales velocity, suggests we're in a buyer-friendly environment. Anyone seriously considering buying in Los Banos right now has negotiating power they might not have had a year ago.
Los Banos Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 93635 | 27 | $450,000 | $261 | 81 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 25 | $450,000 | $267 |
| LAND | 1 | $519,000 | N/A |
| MOBILE | 1 | $165,000 | $123 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 1 |
| $300K - $399K | 5 |
| $400K - $499K | 12 |
| $500K - $749K | 9 |
Current Active Listings
As of this report, there are 187 active listings in Los Banos with a median asking price of $495,000 and an average of 111 days on market.
Thinking About Selling Your Los Banos Home?
If you're a homeowner in Los Banos 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 Los Banos and throughout Merced County — get a no-obligation cash offer today.