Merced - CA housing market

The typical home value ($419,764) is the Zillow Home Value Index for the Merced - CA metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are down 1.0% over the past year. A home worth $424,004 last year is now worth roughly $419,764.

The median sale price, what homes actually close for, is $411,763. Homes are selling at 98.8% of list price, meaning buyers have room to negotiate.

Homes listed in Merced - CA sit on the market for roughly 27 days before going pending. Shorter = seller's market; longer = buyer's market.

About 19.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 176 new listings hit the market each month in Merced - CA. There are currently 579 homes for sale, down 5.1% from a year ago.

The typical monthly rent in Merced - CA is $2,075, up 1.8% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 16.9x, toss-up (#102 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $2,158 a month in principal and interest, $83 more than renting before taxes, insurance and upkeep. The two break even at a 6.28% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →