Los Banos Housing Market Report – June 2026
Here's a look at how the Los Banos, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 39
- Median Sale Price: $449,950
- Average Sale Price: $465,132
- Average Price Per Sq Ft: $285
- Average Days on Market: 111
- Sale-to-List Price Ratio: 98.9%
Month-Over-Month Trends
Compared to May, the median sale price in Los Banos moved 1.2% down (from $455,386 to $449,950). The number of homes sold was 30.0% up compared to the prior month (30 vs. 39). Average days on market shifted 32.1% up (84 days to 111 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 8.5% down (from $492,000 to $449,950). Sales volume is 11.4% down year-over-year.
What This Means
Los Banos is showing signs of a cooling market as we head into summer. The median home price dropped 1.2% month-over-month and is down 8.5% year-over-year, suggesting sustained downward pressure on values. While sales volume jumped to 39 homes from 30 last month, this likely reflects improved data collection rather than genuine market momentum. The real story is told by days on market, which spiked from 84 to 111 days—a concerning 32% increase that indicates homes are sitting longer and buyers are in no rush.
The market dynamics suggest a buyer's advantage right now. Homes are selling at 98.9% of asking price, down from stronger ratios earlier in the year, and the 210 active listings signal ample inventory. With over 200 homes on the market and median asking prices around $496,000—well above the actual selling price—sellers may need to adjust expectations. The extended time on market likely reflects seasonal softness combined with persistent affordability challenges in the region, even as prices moderate.
Los Banos Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 93635 | 39 | $449,950 | $285 | 111 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 34 | $467,500 | $284 |
| MULTI_FAMILY | 2 | $395,000 | $429 |
| CONDOS | 1 | $180,000 | $242 |
| LAND | 1 | $140,000 | N/A |
| MOBILE | 1 | $60,000 | $45 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 1 |
| $100K - $199K | 2 |
| $200K - $299K | 1 |
| $300K - $399K | 7 |
| $400K - $499K | 16 |
| $500K - $749K | 11 |
| $750K+ | 1 |
Current Active Listings
As of this report, there are 210 active listings in Los Banos with a median asking price of $496,057 and an average of 111 days on market.
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