22Alpha

Merced, CA metro area Housing Market Brief

metro · CA · score computed October 2026

Deep Buyer's

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%
●7
Inventory Health25%
●27

Population band 5 of 5 (population 278,335–19,798,537) · comparable within its band

Affordability20%
●8
Economic Strength20%
●51
Rental Yield15%
●17

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

EmergingGrowingMaturePeakingDecliningRecovering

Merced, 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 Merced, CA metro area?

Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Merced, CA metro area housing market data

MetricValueYoYSource
Median Sale Price$429K▼ -1.4%Redfin
Median Days on Market40 days▼ -18.4%Redfin
Months of Supply3.30%Redfin
Homes for Sale483▼ -1.2%Redfin
Homes Sold146▼ -2%Redfin
Median Price / Sq Ft$250▼ -2.6%Redfin

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

Now: 22
2-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?

In the scores computed October 2026, Merced, CA metro area is classified as a Deep Buyer's Market, based on its Alpha Score of 22 out of 100. The classification reflects current price, building, 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 $429K, having fallen 1.4% over the past year, according to Redfin.

How affordable is Merced, CA metro area?

Merced, CA metro area scores 8 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 Economic Strength (51/100) and its weakest is Price Momentum (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.