Foreclosure Homes in Modesto, CA

Current Market Conditions in Modesto, CA

The real estate market in Modesto has seen a steady increase in demand over the past year, driven by its affordability compared to nearby metropolitan areas. Homes are selling faster, and the inventory remains low, indicating a competitive market.

As of the latest report, Modesto's median home prices have risen approximately 10% over the past year, demonstrating a strong upward trend. This is attracting more buyers and investors looking for opportunities in a growing city.

Rent Prices In Modesto, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Modesto, CA, is on a rollercoaster ride. The average rent price in Modesto, CA, is $1,570.00. Indeed, when looking to rent in Modesto, CA, you can expect to pay as little as $670.00 or as much as $4,720.00, with the average rent median estimated to be $1,530.00. The good news is that finding an affordable and desirable property to rent in Modesto, 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.