Home ValuePros

Market Intelligence · CA / Merced County

Los Banos, CA home prices and housing market

1 ZIP market liveData updated September 2026Typical value$457K1-yr changeDown1.3%

The typical home value in Los Banos, CA is $457K as of September 2026, down 1.3% from a year ago, based on the Zillow Home Value Index. In the typical Los Banos ZIP code, the median list price is $495K and homes spend a median of 59 days on market as of September 2026 (Realtor.com).

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The coverage

Los Banos, by the numbers.

Typical home valueZillow ZHVI, September 2026
$457K
1-yr changeMedian across Los Banos ZIPs
-1.3%
ZIP markets live
1
County
Merced County

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12-month value trend

-1.3% over 12 months

Typical home value in Los Banos over the last 12 months: $463K in Sep 2025 to $457K in Sep 2026 (-1.3%).

Sep 2025$463K

Sep 2026$457K

Median Zillow home value index across Los Banos's ZIP codes.

Context

Los Banos has seen typical home values decline 1.7% over the past year as of August 2026. The current inventory sits at 96 homes for sale with a median list price of $494,961. New listings came in at 26 for September 2026, while homes spend a median of 59 days on the market. About 15.8% of active listings have received price cuts. For homeowners weighing a sale, the data reflects a balanced market where timing and pricing strategy matter more than momentum.

The numbers

What is the housing market like in Los Banos, CA?

Typical home value

$457K

Down1.3%YoY

Median list price

$495K

Days on market

59

Homes for sale

96

Price cuts

15.8%

New listings

26

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Los Banos's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Los Banos, CA home prices over time

Typical home values in Los Banos, CA are down 1.3% over the past year, from $463K in September 2025 to $457K in September 2026.

Typical home value in Los Banos, CA, September of each year
MonthTypical value1-yr change
September 2026$456,541-1.3%
September 2025$462,630No prior year

Typical value is the median Zillow Home Value Index across Los Banos ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Los Banos, CA a buyer's or seller's market?

Los Banos, CA leans toward a buyer's market.

Homes for sale are building up relative to new listings, which gives buyers more room to negotiate.

Based on a median of 59 days on market and 16% of listings with a price cut in the typical Los Banos ZIP code, and 26 new listings against 96 active listings across Los Banos, as of September 2026 (Realtor.com).

The outlook

Los Banos housing market forecast 2027

-0.3%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 1 Los Banos ZIP code, points to typical home values holding roughly flat by September 2027 (down 0.3%).

Over the 12 months through September 2026, typical home values in Los Banos fell 1.3%, per the Zillow Home Value Index.

Will home prices drop in Los Banos?

Not by much, on the forecasts: a weighted average of Zillow's ZIP forecasts for Los Banos shows typical home values holding roughly flat by September 2027 (down 0.3%), after a 1.3% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 1 Los Banos ZIP code has both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Los Banos?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

Local pros

Who are the top real estate agents in Los Banos?

Top real estate agents in Los Banos, CA

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Common questions

Questions about Los Banos, CA home prices.

What is a typical home worth in Los Banos?

A typical home in Los Banos is valued at $460,801 as of August 2026, down 1.7% from the prior year.

How long do homes typically stay on the market?

Homes in Los Banos spend a median of 59 days on the market as of September 2026.

Are sellers adjusting prices?

Yes, about 15.8% of current listings have received price cuts, suggesting some sellers are adjusting expectations to match market conditions.

Are home prices going up or down in Los Banos, CA?

Typical home values in Los Banos, CA are down 1.3% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Los Banos, CA a buyer's or seller's market?

Los Banos, CA leans toward a buyer's market. Homes for sale are building up relative to new listings, which gives buyers more room to negotiate. Based on a median of 59 days on market and 16% of listings with a price cut in the typical Los Banos ZIP code, and 26 new listings against 96 active listings across Los Banos, as of September 2026 (Realtor.com).

Nearby markets

More California housing markets.

The market is moving

Latest housing news

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