41Alpha

Modesto, CA metro area Housing Market Brief

metro · CA · as of August 2026

Balanced

What is Modesto, CA metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+15.457
Inventory Health25%
+4.158
Affordability20%
-0.614
Economic Strength20%
42
Rental Yield15%
+2.527

Where is Modesto, CA metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Modesto, CA metro area is classified as Recovering turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Modesto, CA metro area?

Our model forecasts Modesto, CA metro area’s home prices to rise about 2.7% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Modesto, CA metro area housing market data

MetricValueYoY
Median Sale Price$489K▲ +4.1%
Median Days on Market42 days-4.5%
Months of Supply2.7-20.6%
Homes for Sale850-19.3%
Homes Sold330▲ +4.4%
Median Price / Sq Ft$290-3.2%

How has Modesto, CA metro area’s Alpha Score moved?

Now: 41
12-period trend
Median sale price · 12 mo

Markets like Modesto, CA metro area

Frequently asked questions

Is Modesto, CA metro area a buyer's or seller's market?

As of August 2026, Modesto, CA metro area is classified as a Balanced Market, based on its Alpha Score of 41 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Modesto, CA metro area?

The median sale price in Modesto, CA metro area is $489K, having risen 4.1% over the past year.

How affordable is Modesto, CA metro area?

Modesto, CA metro area scores 14 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Modesto, CA metro area's Alpha Score?

Modesto, CA metro area's strongest dimension is Inventory Health (58/100) and its weakest is Affordability (14/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Modesto, CA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.