Merced Housing Market Report – June 2026
Here's a look at how the Merced, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 98
- Median Sale Price: $416,500
- Average Sale Price: $495,100
- Average Price Per Sq Ft: $256
- Average Days on Market: 83
- Sale-to-List Price Ratio: 97.0%
Month-Over-Month Trends
Compared to May, the median sale price in Merced moved 1.6% up (from $410,000 to $416,500). The number of homes sold was 4.9% down compared to the prior month (103 vs. 98). Average days on market shifted 12.6% down (95 days to 83 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 3.1% down (from $430,000 to $416,500). Sales volume is 11.7% down year-over-year.
What This Means
Merced's housing market is showing mixed signals as we head into summer 2026. The median sale price of $416,500 ticked up 1.6% from May, suggesting some underlying price resilience despite broader economic headwinds. However, that modest gain can't hide the year-over-year reality: homes are selling for about 3.1% less than they were this time last year, indicating a gradual cooling trend. The gap between median and average prices—nearly $80,000—points to a market still influenced by higher-priced outliers, while the bulk of inventory sits in the mid-$400s range.
What's encouraging is the improving pace of sales: homes are moving 12 days faster than last month, now averaging 83 days on market. That's a meaningful shift that suggests buyers and sellers are finding agreement more quickly. The 97% sale-to-list ratio reinforces this—sellers aren't overpricing significantly, which keeps competition manageable for serious buyers.
However, sales volume is declining, down nearly 12% year-over-year and 5% from last month. With 609 active listings building up supply and elevated inventory costs, Merced remains a buyer's market. The summer season typically boosts activity, but interest rates and economic uncertainty are clearly dampening enthusiasm compared to 2025.
Merced Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95340 | 41 | $410,000 | $249 | 84 |
| 95348 | 34 | $443,495 | $252 | 86 |
| 95341 | 23 | $385,000 | $279 | 75 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 91 | $418,000 | $259 |
| LAND | 5 | $160,000 | N/A |
| MOBILE | 1 | $57,000 | $38 |
| MULTI_FAMILY | 1 | $185,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 2 |
| $100K - $199K | 4 |
| $200K - $299K | 8 |
| $300K - $399K | 28 |
| $400K - $499K | 40 |
| $500K - $749K | 10 |
| $750K+ | 6 |
Current Active Listings
As of this report, there are 609 active listings in Merced with a median asking price of $446,990 and an average of 79 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.
Thinking of selling in Merced? Get a cash offer.
Takes about 30 seconds. No obligation.