Modesto Housing Market Report – July 2026
Here's a look at how the Modesto, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 205
- Median Sale Price: $462,500
- Average Sale Price: $529,337
- Average Price Per Sq Ft: $296
- Average Days on Market: 64
- Sale-to-List Price Ratio: 99.6%
Month-Over-Month Trends
Compared to June, the median sale price in Modesto moved 1.4% up (from $456,000 to $462,500). The number of homes sold was 13.9% down compared to the prior month (238 vs. 205). Average days on market shifted 0.0% down (64 days to 64 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 5.1% up (from $440,000 to $462,500). Sales volume is 17.1% up year-over-year.
What This Means
Modesto's housing market is showing modest strength as summer rolls on, with prices continuing their upward trajectory while buyer activity has cooled slightly. The median sale price hit $462,500 in July, up 1.4% from June and 5.1% year-over-year, suggesting steady appreciation despite broader economic uncertainties. However, sales volume dropped 13.9% month-over-month to 205 homes, which is typical for this time of year as families settle into summer routines rather than initiate real estate transactions. The fact that homes are still selling at 99.6% of list price indicates sellers maintain modest leverage—buyers aren't desperate, but inventory isn't creating a buyer's paradise either.
What's particularly telling is that days on market held flat at 64 days while active listings remain elevated at 689 properties. This suggests the market is gradually rebalancing toward buyers. With nearly 700 homes available and inventory sitting longer on average (70 days for active listings), sellers are increasingly incentivized to price competitively. For now, Modesto remains a relatively balanced market where patience is rewarded—both buyers have options and sellers can still expect reasonable offers. This equilibrium likely reflects the San Joaquin Valley's continued appeal as an affordable alternative to coastal California, even as interest rates keep payment pressures on middle-income buyers.
Modesto Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95355 | 63 | $485,000 | $270 | 57 |
| 95350 | 42 | $412,500 | $278 | 70 |
| 95356 | 41 | $535,000 | $272 | 75 |
| 95354 | 16 | $455,000 | $286 | 54 |
| 95357 | 15 | $618,500 | $282 | 74 |
| 95358 | 15 | $450,000 | $521 | 51 |
| 95351 | 13 | $375,000 | $300 | 55 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 156 | $460,000 | $309 |
| LAND | 17 | $603,500 | $210 |
| MULTI_FAMILY | 9 | $540,000 | $272 |
| MOBILE | 9 | $95,000 | $81 |
| CONDOS | 9 | $264,000 | $233 |
| CONDO | 3 | $290,000 | $222 |
| OTHER | 2 | $2,870,000 | $775 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 5 |
| $100K - $199K | 7 |
| $200K - $299K | 16 |
| $300K - $399K | 32 |
| $400K - $499K | 67 |
| $500K - $749K | 63 |
| $750K+ | 15 |
Current Active Listings
As of this report, there are 689 active listings in Modesto with a median asking price of $469,900 and an average of 70 days on market.
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