Is Merced, CA 95341 a buyer’s or seller’s market?

The Merced housing market right now

In the three months ending August 31, 2026, 25% of homes in Merced, CA 95341 sold above their list price, the typical home went under contract in 38 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 90 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 17%, homes sold faster (46 days then) and the median sale price rose 2% to $409,823. Overall, Merced is more competitive than a year ago, so tougher for buyers.

Within Merced County, homes here sell faster than in 54% of the county’s ZIP codes, and sell more often over asking than in 54%. On our competition score, Merced ranks #574 of 1,069 CA ZIP codes with enough sales (score 62 out of 100).

Nearby, buyers who want less competition could look at Cressey 95312 (0% sold over asking) or Delhi 95315 (14% sold over asking), while Planada 95365 (100% sold over asking) and Gustine 95322 (38% sold over asking) are even more competitive.