Modesto Real Estate Market

Modesto Market

The median sale price for homes in Modesto over the last 12 months is $121,000.


The median mortgage debt is $114,467.

Additional Statistics for Single Family Homes and Condos in Modesto, CA
$203,350
Median Listing Price
15
Median Days on Market
216
Active Listings
15.3%
Distressed Listings
(foreclosures and short sales)
Modesto, CA Price Trends - Sold vs. Listed
The median list price in May for single family homes in Modesto is $207,500. The list prices increased by 4.01% from the previous month.

The price per square foot for listings in this area is $149.

The median sale price in March for single family homes is $141,250. The sale prices increased by 2.95% from the previous month.

The price per square foot for sales in this area is $92.

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Modesto, CA Market Inventory Trends

The number of active listings in Modesto increased by 23.7% from the previous month.

The median number of days active properties have been listed is 15. This is significantly shorter than the national average.

The number of sales in March dropped by 82.7% from the previous month.

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Modesto, CA Property Ownership

The percent of rental properties in Modesto is 17.32% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.