46Alpha

Merced, CA metro area Housing Market Brief

metro · as of May 2026

Balanced

What is Merced, 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%
+11.155
Inventory Health25%
+13.665
Affordability20%
7
Economic Strength20%
No data
50
Rental Yield15%
49

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

EmergingGrowingMaturePeakingDecliningRecovering

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

Merced, CA metro area housing market data

MetricValueYoY
Median Sale Price$428K▲ +0.2%
Median Days on Market35 days▲ +16.7%
Months of Supply2.8-20%
Homes for Sale413-23.5%
Homes Sold150-2%
Median Price / Sq Ft$267-0.4%
Sale-to-List Ratio98.9%▲ +0.4%

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

Now: 46
4-period trend
Median sale price · 12 mo

Markets like Merced, CA metro area

Frequently asked questions

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

As of May 2026, Merced, CA metro area is classified as a Balanced Market, based on its Alpha Score of 46 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

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

The median sale price in Merced, CA metro area is $428K, having held roughly steady over the past year.

How affordable is Merced, CA metro area?

Merced, CA metro area scores 7 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

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

Merced, CA metro area's strongest dimension is Inventory Health (65/100) and its weakest is Affordability (7/100). The Alpha Score is a weighted blend of all five dimensions.

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