Merced Housing Market Report – August 2026

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

Market Snapshot

  • Homes Sold: 119
  • Median Sale Price: $418,000
  • Average Sale Price: $417,922
  • Average Price Per Sq Ft: $250
  • Average Days on Market: 89
  • Sale-to-List Price Ratio: 97.4%

Month-Over-Month Trends

Compared to July, the median sale price in Merced moved 7.2% up (from $390,000 to $418,000). The number of homes sold was 0.8% up compared to the prior month (118 vs. 119). Average days on market shifted 2.3% up (87 days to 89 days).

Year-Over-Year Comparison

Compared to August 2025, the median sale price is 1.7% up (from $411,000 to $418,000). Sales volume is 1.7% up year-over-year.

Merced Sales by Zip Code

Zip Code Homes Sold Median Price Avg $/SqFt Avg DOM
95340 51 $442,000 $245 84
95348 37 $400,000 $250 92
95341 31 $411,990 $259 95

Sales by Property Type

Property Type Homes Sold Median Price Avg $/SqFt
SINGLE_FAMILY 95 $420,000 $253
LAND 13 $165,000 N/A
MULTI_FAMILY 6 $440,000 $362
CONDOS 2 $188,900 $194
MOBILE 2 $23,000 $14
CONDO 1 $189,000 $194

Sales by Price Range

Price Range Homes Sold
Under $100K 4
$100K - $199K 9
$200K - $299K 9
$300K - $399K 28
$400K - $499K 50
$500K - $749K 15
$750K+ 4

Current Active Listings

As of this report, there are 685 active listings in Merced with a median asking price of $439,000 and an average of 82 days on market.

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