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Merced Home Values and Market Report

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Report prepared by Livingbythefoothills.com Gilbert Garcia
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Market at a glance

Over the last 12 months, homes sold for 97.7% of list price in 53 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $487K Sold · $475K
$510K$470K$430K$390K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 92 sales in Mar. Last month: 64.

Where the market stands

All homes in this report, by status.

1,241homes
Active298 · 24%
Under contract60 · 5%
Sold (12 mo)883 · 71%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.7months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$763K
Under contract$591K
Sold$425K

Average days on market

Active126 days
Under contract91 days
Sold53 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 298
Average list price $762,654
Avg. days on market 126 days
Avg. price per ft² $250
Avg. living area 1,794 ft²
Avg. beds / baths 3.5 / 2.4

Charts and listings below cover the 250 highest-priced of 298 homes.

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

70 homes didn’t report living area and aren’t shown.

1 home is larger or pricier than this chart’s scale and isn’t shown.

$3M$2M$1M$0

Price vs. living area: 179 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

71 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

4240 Los Olivos Rd$624
6922 G Street$571
2729 Pioneer$513
2861 Trovare Court$450
942 W Childs$447
3629 N Lake$410
575 Bear Creek Dr$397

Active listings (250 of 298)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1515 E MissionMerced, CA 95341 ———$25,000,000—275 days
2773 N State Highway 59Merced, CA 95348 ———$15,997,500—292 days
1 E N Bear Creek DrMerced, CA 95340 ———$3,875,000—351 days
6922 G StreetMerced, CA 95340 236,300$3,599,999$571897 days
1616 Martin Luther King JrMerced, CA 95340 ———$3,500,000—260 days
Mission AvenueMerced, CA 95341 ———$2,812,500—500 days
0 1/2 Mission AvenueMerced, CA 95341 ———$2,812,500—500 days
2246 E Mission AvenueMerced, CA 95341 ———$2,812,500—500 days
140 Macready DriveMerced, CA 95341 ———$2,800,000—9 days
635 Fairfield DriveMerced, CA 95348 ———$2,800,000—108 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.