Mendota Housing Market Report – May 2026
Here's a look at how the Mendota, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 3
- Median Sale Price: $150,000
- Average Sale Price: $228,333
- Average Price Per Sq Ft: $222
- Average Days on Market: N/A
- Sale-to-List Price Ratio: 100.0%
Month-Over-Month Trends
Compared to April, the median sale price in Mendota moved 59.5% down (from $370,000 to $150,000). The number of homes sold was 50.0% up compared to the prior month (2 vs. 3).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 55.9% down (from $340,000 to $150,000). Sales volume is 0.0% down year-over-year.
What This Means
Mendota's housing market is showing some interesting contradictions this May. While sales volume ticked up to three homes, the median price took a dramatic nosedive—down nearly 60 percent month-over-month to $150,000. This sharp decline likely reflects a data completeness issue from previous months rather than a sudden market collapse. More telling is the year-over-year median price drop of 56 percent, which suggests genuine softening in what's typically an affordable inland agricultural area. The fact that homes are selling at asking price despite these declining valuations indicates buyers aren't finding much room to negotiate.
What's particularly puzzling is the disconnect between sold properties and active inventory. Only three homes sold in May, yet the market has four listings sitting with a median asking price of $1.615 million—dramatically higher than what's actually closing. Those properties are lingering around 143 days on market, suggesting significant pricing resistance. This gap hints that active listings may be aspirational or include properties quite different from what's actually selling. For buyers in Mendota, it's a slow market with limited inventory in the lower price ranges where recent sales occurred. Sellers should be realistic about pricing if they want to move properties quickly.
Mendota Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 93640 | 3 | $150,000 | $222 | N/A |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 3 | $150,000 | $222 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 2 |
| $300K - $399K | 1 |
Current Active Listings
As of this report, there are 4 active listings in Mendota with a median asking price of $1,615,000 and an average of 143 days on market.
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