Is Madera, CA 93638 a buyer’s or seller’s market?
Madera is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 75% of U.S. ZIP codes, and #338 of 1069 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Madera housing market right now
In the three months ending August 31, 2026, 51% of homes in Madera, CA 93638 sold above their list price, the typical home went under contract in 35 days and there were 4.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 46 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 32%, homes sold faster (52 days then) and the median sale price held steady to $397,328. Overall, Madera is more competitive than a year ago, so tougher for buyers.
Within Madera County, homes here sell faster than in 91% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Madera ranks #338 of 1,069 CA ZIP codes with enough sales (score 71 out of 100).
Nearby, buyers who want less competition could look at Wishon 93669 (0% sold over asking) or Raymond 93653 (0% sold over asking).
Run the numbers for 93638
Nearby markets
Ahwahnee 93601Buyer’s market $241 /sq ftBass Lake 93604Buyer’s market $492 /sq ftChowchilla 93610Balanced $203 /sq ftCoarsegold 93614Balanced $224 /sq ft Browse all markets →Towns like Madera nearby
Find towns like Madera in other states →Where Madera is
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Questions about Madera real estate
Is Madera a buyer’s or seller’s market?
A balanced market: there were 4.1 months of supply in Madera, CA 93638 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Madera?
The typical home went under contract in 35 days in the latest three months.
Do homes in Madera sell over asking?
51% of homes sold above their original list price, and the typical sale closed at 100.8% of the list price.
What are property taxes in Madera?
About 1.15% of a home’s value a year in Madera County, or roughly $4,600 on a $400,000 home.
What is the median home price in Madera?
The median sale price was $397,328 in the three months ending August 31, 2026, about $279 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology