Foreclosures in Planada, CA 95365

Current Market Conditions in Planada, CA

The current real estate market in Planada is relatively stable, characterized by modest home prices and a growing interest from first-time buyers or investors looking to tap into agricultural land. The charming rural environment attracts those seeking a quieter lifestyle near bustling Merced, which is only a short drive away.

Trends in the market show an increasing demand for affordable housing, as many people are looking to escape high prices in urban areas. The yield on rental properties is promising, given the community's reliable tenant base, primarily from agricultural workers.

Rent Prices In Planada, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Planada, CA, is on a rollercoaster ride. The average rent price in Planada, CA, is $1,037.00. Indeed, when looking to rent in Planada, CA, you can expect to pay as little as $720.00 or as much as $1,760.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in Planada, 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.