Merced Housing Market Report – April 2026
Here's a look at how the Merced, CA real estate market performed in April 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 70
- Median Sale Price: $401,608
- Average Sale Price: $407,580
- Average Price Per Sq Ft: $249
- Average Days on Market: 72
- Sale-to-List Price Ratio: 99.8%
Month-Over-Month Trends
Compared to March, the median sale price in Merced moved 3.0% up (from $390,000 to $401,608). The number of homes sold was 26.3% down compared to the prior month (95 vs. 70). Average days on market shifted 5.3% down (76 days to 72 days).
Year-Over-Year Comparison
Compared to April 2025, the median sale price is 3.7% down (from $417,000 to $401,608). Sales volume is 34.0% down year-over-year.
What This Means
Merced's housing market is sending mixed signals this April. On the positive side, homes are selling closer to asking price than ever—at 99.8% of list price—and inventory is moving slightly faster with days on market dropping to 72 from 76. The median price also ticked up 3% month-over-month to just over $401,000. But here's the concern: sales volume has cratered, dropping 26% from March and a concerning 34% year-over-year. That's a significant slowdown that suggests buyer interest isn't keeping pace with what's available.
The real story is likely a perfect storm of seasonal timing and lingering affordability pressure. We're seeing 521 active listings with a median asking price of $439,390—that's a gap of nearly $38,000 between what sellers want and what's actually selling. While prices are holding relatively steady compared to last year (only down 3.7%), the sharp volume drop indicates fewer qualified buyers are able or willing to purchase right now. Spring typically brings more activity, so this weakness is notable.
For buyers, there's actually opportunity here. You've got breathing room to negotiate with motivated sellers in an inventory-rich market. For sellers, the message is clearer: price realistically and prepare for a longer sales process.
Merced Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95340 | 28 | $405,000 | $255 | 58 |
| 95341 | 21 | $390,000 | $236 | 75 |
| 95348 | 21 | $405,000 | $253 | 87 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 67 | $403,216 | $252 |
| MOBILE | 2 | $78,950 | $45 |
| MULTI_FAMILY | 1 | $685,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 2 |
| $100K - $199K | 1 |
| $200K - $299K | 1 |
| $300K - $399K | 29 |
| $400K - $499K | 28 |
| $500K - $749K | 8 |
| $750K+ | 1 |
Current Active Listings
As of this report, there are 521 active listings in Merced with a median asking price of $439,390 and an average of 77 days on market.
Thinking About Selling Your Merced Home?
If you're a homeowner in Merced 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 Merced and throughout Merced County — get a no-obligation cash offer today.