Reedley Housing Market Report – July 2026
Here's a look at how the Reedley, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 25
- Median Sale Price: $363,000
- Average Sale Price: $330,456
- Average Price Per Sq Ft: $207
- Average Days on Market: 89
- Sale-to-List Price Ratio: 98.8%
Month-Over-Month Trends
Compared to June, the median sale price in Reedley moved 0.8% up (from $360,000 to $363,000). The number of homes sold was 177.8% up compared to the prior month (9 vs. 25). Average days on market shifted 64.8% up (54 days to 89 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 11.0% down (from $407,750 to $363,000). Sales volume is 78.6% up year-over-year.
What This Means
Reedley's July market shows modest price appreciation with notably stronger activity, though the volume surge likely reflects improved data collection rather than a genuine market explosion. The median price climbed 0.8 percent month-over-month to $363,000, which is encouraging, but year-over-year comparisons tell a different story—prices are down 11 percent from July 2025. This suggests the local market is still working through a cooling cycle, with the recent monthly gain potentially just normal seasonal fluctuation rather than a sustained recovery.
What's more telling is the shift in market dynamics. Days on market jumped significantly to 89 days from 54 in June, indicating homes are taking considerably longer to sell despite holding strong at 98.8 percent of listing price. This disconnect between price maintenance and slower sales suggests buyer interest isn't matching seller expectations. The gap between median asking prices ($514,500) and actual sale prices ($363,000) is stark, hinting that many active listings may be overpriced for current market conditions.
For buyers, this is a patient market favoring those willing to wait and negotiate. For sellers, the message is clear: price realistically or prepare for extended holding periods. The Central Valley's affordability remains a draw, but interest rates and broader economic uncertainty appear to be tempering demand even in this traditionally accessible market.
Reedley Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 93654 | 25 | $363,000 | $207 | 89 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 19 | $390,000 | $232 |
| MOBILE | 3 | $68,400 | $52 |
| LAND | 1 | $315,000 | N/A |
| MULTI_FAMILY | 1 | $640,000 | $204 |
| OTHER | 1 | $250,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 3 |
| $100K - $199K | 1 |
| $200K - $299K | 6 |
| $300K - $399K | 6 |
| $400K - $499K | 7 |
| $500K - $749K | 2 |
Current Active Listings
As of this report, there are 44 active listings in Reedley with a median asking price of $514,500 and an average of 91 days on market.
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