Zip 95341 (Merced, CA) Housing

Housing in 95341 Merced, CA is relatively affordable compared to the US House Median Value of $338,100. The Housing Median Value in Merced is $320,100 which is 6.2% lower than the US median value. This year, house appreciation in Merced was 3.39%, significantly less than the 8.27% appreciation rate seen nationally. Despite the lower appreciation rate, the housing market in Merced is still strong and offers a great opportunity for first time home buyers looking to purchase a home at an affordable price.

The median home cost in Merced (zip 95341) is $320,100. Home appreciation the last 10 years has been 187.4%. Home Appreciation in Merced (zip 95341) is up 11.1%.

Average Age of Homes

- The median age of Merced (zip 95341) real estate is 26 years old

The Rental Market in Merced (zip 95341)

- Renters make up 53.4% of the Merced (zip 95341) population
- 1.1% of houses and apartments in Merced (zip 95341), 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
	9,092.0	139,647,020.0
	32	42
	$320,100	$338,100
	11.1%	16.6%
	59.7%	57.0%
	187.4%	101.1%
	$8.44	$10.98
	$1,962	$2,690
	40.0%	57.4%
	3.4%	11.2%
	56.6%	31.4%
Vacant Housing
	1.1%	1.9%
	0.0%	0.4%
	0.5%	0.7%
	0.5%	0.4%
	0.3%	3.6%
	1.0%	4.1%
Value of Owner-Occupied Housing
	3.3%	2.6%
	2.5%	2.4%
	0.5%	2.8%
	2.3%	3.9%
	1.2%	4.5%
	4.8%	11.3%
	20.7%	13.0%
	45.1%	20.1%
	7.9%	13.6%
	1.7%	8.3%
	4.8%	9.7%
	2.0%	3.9%
	2.6%	2.2%
	0.5%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	33.3%	13.6%
	33.3%	13.6%
	8.9%	13.6%
	13.1%	13.2%
	12.5%	14.8%
	8.9%	13.6%
	8.4%	10.0%
	6.0%	4.7%
	3.1%	12.2%

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