Market Intelligence · CA / Merced

Merced, CA 95340 Housing Market

Typical home values in Merced's 95340 ZIP are around $400,514, down 0.8% over the past year. The median list price stands at $416,250, with homes taking 46 days to sell on average.

Updated September 2026Median value$401K

The median home value in Merced, CA 95340 is $401K as of September 2026, down 0.8% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 95340 range

$368K to $433K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-0.8% over 12 months

Sep 2025$404K

Low $401KHigh $404K

Sep 2026$401K

The numbers

What is the 95340 housing market like?

As of September 2026

Typical home value

$401K

0.8%YoY

Median list price

$416K

7.3%MoM

Days on market

23.3%MoM

Homes for sale

13.3%MoM

Price cuts

23.3%

13.0%MoM

New listings

42.9%MoM

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

The outlook

95340 housing market forecast 2027

-0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 95340 to stay roughly flat by September 2027 (down 0.1%).

Over the 12 months through September 2026, typical home values in 95340 fell 0.8%, per the Zillow Home Value Index.

Will home prices drop in 95340?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 95340 to stay roughly flat by September 2027 (down 0.1%), after a 0.8% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 95340 home prices compare?

95340$400,514
Merced$400,514
California$692,765
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Merced: 3 ZIPs; California: 1,543 ZIPs; United States: 26,262 ZIPs).

Context

The 95340 market has 94 homes for sale as of September 2026, with 40 new listings entering the market. About one in four listings, 23.3%, has seen a price reduction. Homes are moving at a moderate pace with a median of 46 days on market. The slight year-over-year decline in typical home value suggests steady but not aggressive buyer demand, making this a balanced moment for homeowners to evaluate their options.

Monthly payment

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Home price

Down payment20% · $80,103

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Common questions

What people ask us.

What is the typical home value in 95340?

The typical home value in Merced's 95340 ZIP is $400,514, down 0.8% over the past year.

How many homes are for sale in 95340?

There are 94 homes for sale as of September 2026, with 40 new listings added to the market.

How long does it take to sell a home in 95340?

The median days on market is 46, and the median list price is $416,250.

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