New Downward Trend in Home Prices for Merced County Real Estate Market

The Merced County market was busy in this week's report, as the number of home sales climbed 8.3%, pushing the total to 143 homes sold over the last 30 days. Within the same time period, Santa Clara County had 1,200 sales, the most of all counties in the area. The median sales price of homes sold came in at $219,900, which extended a downward swing in price to four weeks. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Merced County is a seller's market.

If you want a low price tag for your next home, these listings are the most affordable Merced County has to offer:

$105K   $107K   $110K  

Get started right now by checking out Merced County homes for sale or reviewing Merced County real estate trends.

Demographic facts for Merced County:

  • This area has an affordability rating of 53. (Scale: 1 = Worst, 100 = Best)
  • The average precipitation is 12.0 inches per year. (U.S. average: 36.5)
  • The income per capita in this area is $17,101.
  • The area's school rating is 51. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016

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