95340 — Merced County, California Market Snapshot
Housing market data for zip code 95340 in Merced County, California. Updated monthly with median prices, days on market, and more.
Market Sales Data
90 sales in 2026 (year to date)
Median Sale Price
$392,500
Days to Sell
26
Homes Sold
90
Inventory
79
Sale-to-List
98.8%
New Listings
120
Price/SqFt
$249
Pending Sales
110
Conforming Loan Available
Most homebuyers in 95340 can comfortably use conventional financing. The median home price of $392,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
Homes in 95340 are moving quickly at 26 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 95340 (98.8% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 95340 can comfortably use conventional financing. The median home price of $392,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 95340 are set at the county level.
2026 Loan Limits — Merced County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 95340
To purchase the median home at $392,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,157.
Monthly Payment
$3,157
Income Required
$135,309
Principal & Interest
$2,418/mo
Down Payment (5%)
$19,625
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 95340.
Estimated Monthly Payment
$2,579
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