Modesto Housing Market Report – June 2026
Here's a look at how the Modesto, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 238
- Median Sale Price: $456,000
- Average Sale Price: $1,791,267
- Average Price Per Sq Ft: $1,912
- Average Days on Market: 63
- Sale-to-List Price Ratio: 627.0%
Month-Over-Month Trends
Compared to May, the median sale price in Modesto moved 1.3% up (from $450,000 to $456,000). The number of homes sold was 4.4% up compared to the prior month (228 vs. 238). Average days on market shifted 10.0% down (70 days to 63 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 6.0% up (from $430,000 to $456,000). Sales volume is 33.0% up year-over-year.
What This Means
Modesto's housing market is showing solid momentum heading into summer 2026. The median sale price of $456,000 represents steady growth—up 1.3% month-over-month and 6% year-over-year—suggesting buyers remain willing to pay for quality properties even as inventory sits at a moderate level. The notable improvement in days on market, dropping from 70 to 63 days, indicates homes are moving faster, which typically signals healthy buyer demand relative to available supply.
However, there's a data anomaly worth noting in the average sale price and price-per-square-foot figures, which appear inflated compared to the median. This suggests some high-value outlier sales are skewing the averages upward, so the median price is a more reliable indicator of what typical buyers are actually paying. The sale-to-list ratio of 627% is also an outlier that warrants skepticism—this level would indicate extreme seller strength that contradicts the other balanced metrics in the data.
What's encouraging for sellers is the combination of rising prices and faster sales velocity. With over 600 active listings on the market, there's reasonable choice for buyers, but the median asking price of $469,000 suggests many sellers are pricing confidently. For mid-year, Modesto appears to be in a healthy equilibrium rather than a hot seller's market or a buyer's advantage.
Modesto Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95355 | 59 | $534,365 | $280 | 63 |
| 95350 | 50 | $426,436 | $339 | 67 |
| 95356 | 36 | $507,000 | $272 | 66 |
| 95351 | 30 | $381,000 | $13,279 | 65 |
| 95354 | 25 | $412,000 | $298 | 51 |
| 95358 | 22 | $444,500 | $441 | 60 |
| 95357 | 16 | $545,000 | $286 | 66 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 184 | $458,500 | $2,299 |
| CONDOS | 14 | $267,000 | $239 |
| LAND | 14 | $640,500 | $531 |
| MOBILE | 11 | $113,000 | $92 |
| MULTI_FAMILY | 8 | $545,000 | $334 |
| CONDO | 3 | $744,000 | $859 |
| OTHER | 2 | $2,361,000 | $275 |
| TOWNHOMES | 1 | $269,900 | $226 |
| Unknown | 1 | $499,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 8 |
| $100K - $199K | 8 |
| $200K - $299K | 18 |
| $300K - $399K | 39 |
| $400K - $499K | 69 |
| $500K - $749K | 76 |
| $750K+ | 20 |
Current Active Listings
As of this report, there are 641 active listings in Modesto with a median asking price of $469,000 and an average of 68 days on market.
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