Zip 95348 (Merced, CA) Housing

The housing market in 95348 Merced, CA is slightly below the US median value for homes, with the median value sitting at $385,200 compared to the US median of $338,100. However, there has been a smaller appreciation rate of 3.39% in Merced than the 8.27% nation-wide appreciation rate in just one year. This places Merced somewhere between average and below average when it comes to home value appreciation.

The median home cost in Merced (zip 95348) is $385,200. Home appreciation the last 10 years has been 187.4%. Home Appreciation in Merced (zip 95348) is up 11.1%.

Average Age of Homes

- The median age of Merced (zip 95348) real estate is 31 years old

The Rental Market in Merced (zip 95348)

- Renters make up 50.5% of the Merced (zip 95348) population
- 6.1% of houses and apartments in Merced (zip 95348), 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
	11,786.0	139,647,020.0
	34	42
	$385,200	$338,100
	11.1%	16.6%
	59.7%	57.0%
	187.4%	101.1%
	$8.18	$10.98
	$2,236	$2,690
	35.8%	57.4%
	8.7%	11.2%
	55.5%	31.4%
Vacant Housing
	6.1%	1.9%
	0.5%	0.4%
	0.2%	0.7%
	0.5%	0.4%
	0.6%	3.6%
	0.8%	4.1%
Value of Owner-Occupied Housing
	8.7%	2.6%
	3.0%	2.4%
	1.1%	2.8%
	1.0%	3.9%
	1.0%	4.5%
	1.6%	11.3%
	8.3%	13.0%
	36.2%	20.1%
	29.0%	13.6%
	5.5%	8.3%
	2.2%	9.7%
	1.2%	3.9%
	0.2%	2.2%
	0.5%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	23.8%	13.6%
	23.8%	13.6%
	13.7%	13.6%
	22.1%	13.2%
	23.6%	14.8%
	13.7%	13.6%
	4.3%	10.0%
	0.6%	4.7%
	1.3%	12.2%

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