Reedley Housing Market Report – May 2026
Here's a look at how the Reedley, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 9
- Median Sale Price: $380,000
- Average Sale Price: $462,333
- Average Price Per Sq Ft: $344
- Average Days on Market: 42
- Sale-to-List Price Ratio: 102.5%
Month-Over-Month Trends
Compared to April, the median sale price in Reedley moved 2.6% up (from $370,500 to $380,000). The number of homes sold was 59.1% down compared to the prior month (22 vs. 9). Average days on market shifted 30.0% down (60 days to 42 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 1.6% down (from $386,250 to $380,000). Sales volume is 59.1% down year-over-year.
What This Means
Reedley's housing market is showing mixed signals heading into summer 2026. While the median price ticked up 2.6% month-over-month to $380,000, the year-over-year comparison reveals a softer picture—prices are actually down 1.6% compared to May 2025. The sharp decline in sales volume from 22 to 9 homes is noteworthy, though it's worth considering that prior months may have had incomplete data collection, so this drop may be partly a reporting artifact rather than a dramatic market shift. What's more encouraging is that homes are moving faster, with average days on market dropping from 60 to 42 days, suggesting buyers are still active despite lower transaction counts.
The market is showing subtle seller strength: homes sold at 102.5% of list price on average, indicating competitive bidding even in a slower period. However, the 44 active listings with a median asking price of $454,950 suggest inventory is accumulating. Properties are lingering longer when listed—averaging 68 days—compared to the 42-day pace for closed sales. This gap hints that asking prices may be slightly optimistic relative to actual buyer interest. Overall, Reedley appears to be in a seasonal lull typical for late spring, with steady fundamentals but cooling transaction activity.
Reedley Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 93654 | 9 | $380,000 | $344 | 42 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 9 | $380,000 | $344 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 1 |
| $200K - $299K | 1 |
| $300K - $399K | 5 |
| $400K - $499K | 1 |
| $750K+ | 1 |
Current Active Listings
As of this report, there are 44 active listings in Reedley with a median asking price of $454,950 and an average of 68 days on market.
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