Metropolitan market · California · June 2026 data

Merced Real Estate Market

As of June 2026, the median home listed in Merced, CA asks $453,422 — down 0.4% year over year. Homes sell in a median of 50 days, with 474 active listings and 15% carrying a price cut — a balanced market. Figures come from public records and industry data, updated monthly.

Median listing price
$453,422
▼ 0.4% YoY
Median $ / sq ft
$265
1,750 sq ft median
Median days on market
50
June 2026
Active listings
474
For sale now
New listings
210
June 2026
Listings with price cuts
15%
Share of active
Median sale price (closed)
$427,500
▲ 0.2% YoY · closed sales
Sale-to-list ratio
98.9%
Closed sales
Homes sold / month
150
Closed sales

Merced housing market statistics

The table summarizes Merced's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

Merced, CA housing market at a glance — June 2026
MetricLatestDetail
Median listing price$453,422-0.4% YoY
Median price per sq ft$2651,750 sq ft median
Median days on market50+6% YoY
Active listings474-1% YoY
New listings this month210June 2026
Listings with a price cut15%Share of active
Median sale price (closed)$427,500+0.2% YoY
Sale-to-list ratio98.9%Closed sales
Gross rental yield4.0%2BR fair market rent

How have home prices changed in Merced?

Merced home prices are down 0.4% year over year and +1.6% month over month as of June 2026, at a $453,422 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$467K$457K$447K$437K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Merced CA · trailing 8 quarters · source: public records and industry data.

The 10-year view
$471K$425K$378K$332K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Merced CA · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Merced?

Merced has 474 active listings, 210 new this month, 241 pending as of June 2026. About 15% of active listings have cut their price, and inventory sits at 71% of its 2019 level — a balanced market by pace.

Active listings
474
New this month
210
Pending
241
Price-reduced
70

Is Merced a good real estate investment?

Merced scores 52/100 on WealthyBud's composite Investor Score, ranking #414 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
52/100
#414 of 932 covered metros
12-month outlook
+1.0%
Flat · model output, not advice
Price volatility
High
σ 15.1% · 20-yr price-index swings
Momentum
67
Value
11
Rental yield
54
Supply risk
36
Market heat
65

Merced scores 52/100 on our composite Investor Score (#414 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 38% over five years and +99% over ten, leaving prices 91% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,503/mo for a two-bedroom, the gross rental yield on the median listing is about 4.0%; active inventory sits at 71% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 0.4% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Merced ranks on the trending markets index.

How much is a monthly mortgage payment in Merced?

A home at Merced's $453,422 median listing runs about $2,276 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 5.43%
$2,044/mo
−$232/mo vs today
At today's rate · 6.43%
$2,276/mo
National weekly average
If rates rise 1% · 7.43%
$2,519/mo
+$243/mo vs today

Principal & interest on the $453,422 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

What is driving the Merced housing market?

Longer-run demand in Merced shows up in 747 homes permitted in 2025; net migration of -699 residents; +2.9% job growth. Natural-hazard risk rates Relatively High. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
747
▲ 62.7% vs 2024
2.6 per 1,000 residents
Net migration (2022–2023)
-699
▼ people, via tax-return records
net income flow −$50.7M/yr
Job growth (YoY)
+2.9%
▲ 78.5k nonfarm jobs · May 2026
Natural-hazard risk
Relatively High
National hazard index · top hazard: Drought

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Merced housing market FAQ

What is the median home price in Merced?
As of June 2026, the median listing price in Merced, CA is $453,422, down 0.4% year over year (source: public records and industry data). Figures cover the Merced, CA metro area.
How much does it cost to buy a home in Merced?
The median home listed in Merced asks $453,422 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $2,276 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Merced?
The median property in Merced spends 50 days on the market, with 474 homes actively listed and 15% of them carrying a price cut — a balanced market by pace as of June 2026.
Is it a buyer's or seller's market in Merced?
With a median 50 days on market and 15% of active listings carrying a price cut, Merced reads as a balanced market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Merced a good place to invest in real estate?
Merced scores 52/100 on WealthyBud's Investor Score, ranking #414 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Merced?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Merced and the wider California market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Merced, CA metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More California housing markets

Marcus Bell Real Estate Market Analyst

Marcus Bell leads market and career research at WealthyBud, turning public housing and labor data into plain-English answers for investors and agents. He focuses on U.S. metro housing markets, agent economics and licensing.