41Alpha

Modesto, CA metro area Housing Market Brief

metro · as of May 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%
-8.442
Inventory Health25%
+1.654
Affordability20%
9
Economic Strength20%
No data
50
Rental Yield15%
48

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

EmergingGrowingMaturePeakingDecliningRecovering

Modesto, CA metro area is classified as Decliningcooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Modesto, CA metro area housing market data

MetricValueYoY
Median Sale Price$483K-3.4%
Median Days on Market21 days-4.5%
Months of Supply2.2-15.4%
Homes for Sale731-17.3%
Homes Sold333-2.3%
Median Price / Sq Ft$296-1.7%
Sale-to-List Ratio99.4%▲ +0.2%

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

Now: 41
4-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 May 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 $483K, having fallen 3.4% over the past year.

How affordable is Modesto, CA metro area?

Modesto, CA metro area scores 9 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 (54/100) and its weakest is Affordability (9/100). 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.