Reedley Housing Market Report – March 2026
Here's a look at how the Reedley, CA real estate market performed in March 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 7
- Median Sale Price: $425,000
- Average Sale Price: $338,643
- Average Price Per Sq Ft: $173
- Average Days on Market: 93
- Sale-to-List Price Ratio: 98.8%
Month-Over-Month Trends
Compared to February, the median sale price in Reedley moved 6.2% up (from $400,000 to $425,000). The number of homes sold was 22.2% down compared to the prior month (9 vs. 7). Average days on market shifted 8.8% down (102 days to 93 days).
Year-Over-Year Comparison
Compared to March 2025, the median sale price is 12.4% up (from $378,000 to $425,000). Sales volume is 63.2% down year-over-year.
What This Means
Reedley's real estate market is showing some interesting contradictions this March. While median prices are climbing steadily—up 12.4% year-over-year and 6.2% from February—the actual number of homes selling has dropped sharply. Only 7 homes sold this month compared to 9 last month and 19 a year ago. This suggests that while sellers are getting better prices for their homes, there simply aren't as many buyers stepping up to the plate. The strong sale-to-list ratio of 98.8% indicates homes are still selling close to asking price, which is bullish for sellers, but the declining volume tells a different story about overall demand.
The market is definitely cooling down. Days on market have improved slightly to 93 days, which is encouraging, but with 36 active listings sitting around an average of 73 days, inventory is building up. Buyers have more options to choose from, which reduces their urgency. This seasonal slowdown, combined with the broader economic headwinds many California communities are facing, means this could be a buyer's market if you're willing to wait and negotiate. For sellers, the good news is prices remain resilient, but the window of high urgency is narrowing. If you're considering listing, spring is typically when things pick up, but don't assume the momentum from last year will automatically return.
Reedley Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 93654 | 7 | $425,000 | $173 | 93 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 4 | $511,500 | $230 |
| MOBILE | 2 | $65,000 | $57 |
| CONDOS | 1 | $167,000 | $183 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 2 |
| $100K - $199K | 1 |
| $400K - $499K | 2 |
| $500K - $749K | 2 |
Current Active Listings
As of this report, there are 36 active listings in Reedley with a median asking price of $490,000 and an average of 73 days on market.
Thinking About Selling Your Reedley Home?
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