Merced Metro Area, CA Housing

The housing market in Merced, CA Metro Area is relatively strong compared to the rest of the US. The median value of a home in Merced is $390,500, significantly higher than the US median of $338,100. In the past year, the US experienced an 8.27% appreciation rate for homes, while Merced experienced a more modest 5.19% appreciation rate. This indicates that although the housing market in Merced is doing better than other parts of the country, it has not been experiencing as steep of an increase in value as other areas.

The median home cost in Merced Metro Area is $390,500. Home appreciation the last 10 years has been 178.8%. Home Appreciation in Merced Metro Area is up 12.0%.

Average Age of Homes

- The median age of Merced Metro Area real estate is 35 years old

The Rental Market in Merced Metro Area

- Renters make up 43.2% of the Merced Metro Area population
- 1.5% of houses and apartments in Merced Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Merced, California	United States
	86,767.0	139,647,020.0
	39	42
	$390,500	$338,100
	12.0%	16.6%
	59.9%	57.0%
	178.8%	101.1%
	$7.05	$10.98
	$2,033	$2,690
	48.6%	57.4%
	5.9%	11.2%
	45.5%	31.4%
Vacant Housing
	1.5%	1.9%
	0.1%	0.4%
	0.4%	0.7%
	0.6%	0.4%
	0.6%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	2.8%	2.6%
	1.7%	2.4%
	0.9%	2.8%
	0.7%	3.9%
	1.1%	4.5%
	3.4%	11.3%
	10.2%	13.0%
	33.4%	20.1%
	24.9%	13.6%
	9.4%	8.3%
	6.9%	9.7%
	2.4%	3.9%
	1.3%	2.2%
	0.3%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	20.3%	13.6%
	20.3%	13.6%
	14.2%	13.6%
	13.8%	13.2%
	17.8%	14.8%
	14.2%	13.6%
	9.0%	10.0%
	6.2%	4.7%
	5.3%	12.2%

Reviews for Merced

See all (0)

Write a Review

Start Your Review of Merced

Commute