Merced, CA Foreclosures
How much do homes sell for in Merced, CA?
The average home price is currently $391,782.
In Merced, CA, how many homes are available?
There are currently 116 active home listings available in Merced.
What’s the average rental cost in Merced, CA?
The average rental price in Merced is $1,369.
What is the most expensive home in Merced?
The most expensive home sold in Merced had a price of $35,217,700.
What is currently the cheapest priced home in Merced, CA?
The cheapest home for sale in Merced is priced at $44,409.
Living in Merced, CA
Situated in California's San Joaquin Valley, Merced offers a unique blend of small-town charm and urban conveniences. With access to scenic outdoor activities and a growing economy, it is a wonderful place to call home. The community is family-friendly, with various educational opportunities and local events throughout the year.
Current Market Conditions in Merced, CA
The current real estate market in MERCED, CA, shows a positive trend with a steady increase in home values over the past few months. Median home prices have risen, reflecting robust demand spurred by a growing population and interest from first-time homebuyers. The diverse housing options and relatively affordable prices compared to nearby cities contribute to the market's appeal.
In the past year, MERCED has experienced a significant uptick in housing activity, with the number of home sales increasing. The influx of new residents, particularly due to the expansion of the healthcare and education sectors, has fueled demand. While inventory levels remain low, the market continues to attract buyers seeking both investment opportunities and primary residences.
Home Value Estimator For Merced, CA
There are currently 26,579 real estate properties
in Merced, CA,
with a median automated valuation model (AVM) price
of $381,500.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Merced, CA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Merced, CA,
is $391,782.00, with the most expensive house
in Merced, CA, topping out
at $35,217,700.00 and the cheapest home
in Merced, CA,
clocking in at $44,409.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Merced, CA!
Rent Prices
In Merced, CA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Merced, CA, is on
a rollercoaster ride. The
average rent price in Merced, CA,
is $1,369.00. Indeed, when looking to rent in
Merced, CA, you can expect to pay as little
as $540.00 or as much
as $3,640.00,
with the average rent median estimated to
be $1,340.00. The good news is that finding
an affordable and desirable property to rent in Merced, CA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
