Modesto - CA housing market
The Modesto metro has a typical home value of $469,758, down 0.8% from a year ago. Homes are moving fast at 15 days on market, a strong seller's market. 23% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($469,758) is the Zillow Home Value Index for the Modesto - 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 0.8% over the past year. A home worth $473,546 last year is now worth roughly $469,758.
The median sale price , what homes actually close for , is $460,826. Homes are selling at 99.7% of list price, meaning buyers have room to negotiate.
Homes listed in Modesto - CA sit on the market for roughly 15 days before going pending. Shorter = seller's market; longer = buyer's market.
About 22.6% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 386 new listings hit the market each month in Modesto - CA. There are currently 1,015 homes for sale, down 14.1% from a year ago.
The typical monthly rent in Modesto - CA is $2,045, up 0.6% year over year. For investors, the price-to-rent ratio here is roughly 19x annual rent.
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.
Other metros in CA
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Los Angeles - CA | $968,028 | +0.6% | 21.0d |
| San Francisco - CA | $1,142,320 | +0.1% | 15.0d |
| Riverside - CA | $586,047 | -0.6% | 26.0d |
| San Diego - CA | $940,998 | -0.6% | 17.0d |
| Sacramento - CA | $584,122 | -1.3% | 14.0d |
| San Jose - CA | $1,583,961 | -0.9% | 16.0d |