Los Banos Housing Market Report – March 2026

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

Market Snapshot

Homes Sold: 33
Median Sale Price: $428,490
Average Sale Price: $425,038
Average Price Per Sq Ft: $291
Average Days on Market: 94
Sale-to-List Price Ratio: 99.9%

Month-Over-Month Trends

Compared to February, the median sale price in Los Banos moved 10.8% down (from $480,503 to $428,490). The number of homes sold was 65.0% up compared to the prior month (20 vs. 33). Average days on market shifted 6.0% down (100 days to 94 days).

Year-Over-Year Comparison

Compared to March 2025, the median sale price is 11.6% down (from $484,888 to $428,490). Sales volume is 19.5% down year-over-year.

What This Means

Los Banos is showing some mixed signals as we head into spring. The big news is that sales volume jumped dramatically month-over-month, with 65 percent more homes selling in March compared to February. This seasonal uptick makes sense as buyers typically become more active as weather improves, but the year-over-year decline of 19.5 percent suggests the underlying market remains softer than it was last spring. Sellers are clearly feeling the pressure—homes are selling at 99.9 percent of list price, which sounds strong on the surface but reflects a buyer's market where negotiating room is disappearing.

Pricing tells the real story. Median prices have declined both month-over-month and year-over-year, dropping about 11.6 percent annually to $428,490. At $291 per square foot, Los Banos remains relatively affordable compared to much of California, which is likely attracting the recent uptick in sales activity. However, the 167 active listings sitting on the market for an average of 112 days suggests inventory isn't moving quickly enough. Buyers appear selective despite competitive pricing, pointing to lingering affordability concerns or uncertainty about where rates are headed next.

Los Banos Sales by Zip Code

Zip Code	Homes Sold	Median Price	Avg $/SqFt	Avg DOM
93635	33	$428,490	$291	94

Sales by Property Type

Property Type	Homes Sold	Median Price	Avg $/SqFt
SINGLE_FAMILY	33	$428,490	$291

Sales by Price Range

Price Range	Homes Sold
$200K - $299K	3
$300K - $399K	7
$400K - $499K	17
$500K - $749K	6

Current Active Listings

As of this report, there are 167 active listings in Los Banos with a median asking price of $485,000 and an average of 112 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 the Central Valley — get a no-obligation cash offer today.