Market Intelligence · CA / Merced

Merced, CA 95348 Housing Market

The typical home value in Merced, CA 95348 is $414,187, down 1.3% over the past year. Homes are listing at a median of $445,000 and spending a median of 50 days on the market. There are 96 homes for sale as of 2026-08-01.

Updated August 2026Median value$414K

The median home value in Merced, CA 95348 is $414K as of August 2026, down 1.3% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 95348 range

$381K to $447K

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

-1.3% over 12 months

Typical home value in 95348 over the last 12 months: $419K in Aug 2025 to $414K in Aug 2026 (-1.3%).

Aug 2025$419K

Aug 2026$414K

The numbers

What is the 95348 housing market like?

Typical home value

$414K

Down1.3%YoY

Median list price

$445K

Down0.5%MoM

Days on market

50

Down3.8%MoM

Homes for sale

96

Up5.5%MoM

Price cuts

14.8%

Up6.2%MoM

New listings

32

Down20.0%MoM

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

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The comparison

How do 95348 home prices compare?

  • 95348$414,187
  • Merced$404,448
  • California$694,777
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Merced: 3 ZIPs; California: 1,543 ZIPs; United States: 26,265 ZIPs).

Context

Merced's 95348 ZIP shows a market that is cooling modestly. The typical home value is $414,187, down 1.3% over the past year, while the median list price sits at $445,000. Sellers have some competition, with 96 homes for sale and 32 new listings as of 2026-08-01. Homes take a median of 50 days to sell, and 14.8% of listings have had a price cut. For a seller, this is a workable market, but realistic pricing matters because buyers have choices and values are drifting slightly downward.

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