Gustine Housing Market Report – May 2026
Here's a look at how the Gustine, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 3
- Median Sale Price: $270,000
- Average Sale Price: $277,000
- Average Price Per Sq Ft: $184
- Average Days on Market: 127
- Sale-to-List Price Ratio: 90.4%
Month-Over-Month Trends
Compared to April, the median sale price in Gustine moved 157.1% up (from $104,999 to $270,000). The number of homes sold was 25.0% down compared to the prior month (4 vs. 3). Average days on market shifted 19.8% up (106 days to 127 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 39.3% down (from $445,000 to $270,000). Sales volume is 70.0% down year-over-year.
What This Means
Gustine's housing market showed mixed signals in May, with a dramatic spike in median prices offset by ongoing softness in sales activity. The median price jumped 157% month-over-month to $270,000, but this likely reflects data collection improvements rather than genuine market momentum—prior months appear to have had incomplete sold listings. More telling is the year-over-year comparison: median prices are down nearly 40% from May 2025's $445,000, suggesting the market has cooled considerably from last year's peaks. The small sample size of just three sales also means individual transactions heavily influence monthly statistics.
The real concern is the extended time properties spend on the market. At 127 days average, homes are lingering 20% longer than last month and far exceeding typical turnover expectations. With 35 active listings sitting at a median ask of $425,000—well above actual selling prices—there's a meaningful gap between seller expectations and buyer reality. The 90.4% sale-to-list ratio confirms buyers have leverage, negotiating roughly 10% below asking. This buyer-friendly environment, combined with rising interest rates and Gustine's remote location, suggests patient sellers may be necessary until market conditions shift. The market remains slow and inventory-heavy.
Gustine Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95322 | 3 | $270,000 | $184 | 127 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 2 | $392,000 | $252 |
| MOBILE | 1 | $47,000 | $49 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 1 |
| $200K - $299K | 1 |
| $500K - $749K | 1 |
Current Active Listings
As of this report, there are 35 active listings in Gustine with a median asking price of $425,000 and an average of 141 days on market.
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