The Merced housing market is somewhat competitive. The median sale price of a home in Merced was $395K last month, down 1.6% since last year. The median sale price per square foot in Merced is $247, up 11.8% since last year.
In October 2024, Merced home prices were down 1.6% compared to last year, selling for a median price of $395K. On average, homes in Merced sell after 43 days on the market compared to 23 days last year. There were 61 homes sold in October this year, down from 76 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$395,000
-1.6% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Merced, CA
$395,000
-1.6%
United States
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How hot is the Merced housing market?
Merced is somewhat competitive. Homes sell in 41 days.
0
100
56
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 41 days.
Hot homes
can sell for about 1% above list price and go pending in around 14 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Merced housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Merced.
Flood Factor - Minor
80% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Merced has a minor risk of flooding. 7,577 properties in Merced are likely to be
severely affected
by flooding over the next 30 years. This represents 80% of all properties in Merced. Flood risk is increasing slower than the national average.
96% of properties are at risk of wildfire over the next 30 years
Fire Factor
Merced has a severe risk of wildfire. There are 24,079 properties in Merced that have some risk of being affected by wildfire over the next 30 years. This represents 96% of all properties in Merced.