The Modesto housing market is very competitive. Homes in Modesto receive 2 offers on average and sell in around 15 days. The median sale price of a home in Modesto was $445K last month, down 1.1% since last year. The median sale price per square foot in Modesto is $300, up 5.1% since last year.
In August 2024, Modesto home prices were down 1.1% compared to last year, selling for a median price of $445K. On average, homes in Modesto sell after 15 days on the market compared to 10 days last year. There were 135 homes sold in August this year, down from 144 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$445,000
-1.1% YoY | Aug 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2024
Growth
% YoY
Modesto, CA
$445,000
-1.1%
United States
To compare other locations to the Modesto and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Modesto's median sale price is 3% higher than the national average. Overall cost of living in Modesto is 13% higher than the national average. Learn which home features in Modesto add value to a home.
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How hot is the Modesto housing market?
Modesto is very competitive. Homes sell in 14 days.
0
100
83
Very 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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 14 days.
Hot homes
can sell for about 2% above list price and go pending in around 7 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.
Home offer insights for Modesto
Explore recent offers and recently sold homes in Modesto
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 Modesto housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Modesto.
Flood Factor - Minor
<1% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Modesto has a minor risk of flooding. 234 properties in Modesto are likely to be
severely affected
by flooding over the next 30 years. This represents <1% of all properties in Modesto. Flood risk is increasing slower than the national average.
59% of properties are at risk of wildfire over the next 30 years
Fire Factor
Modesto has a major risk of wildfire. There are 37,461 properties in Modesto that have some risk of being affected by wildfire over the next 30 years. This represents 59% of all properties in Modesto.