Tracy Housing Market Report – May 2026
Here's a look at how the Tracy, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 101
- Median Sale Price: $675,000
- Average Sale Price: $731,921
- Average Price Per Sq Ft: $351
- Average Days on Market: 78
- Sale-to-List Price Ratio: 100.0%
Month-Over-Month Trends
Compared to April, the median sale price in Tracy moved 2.3% down (from $691,000 to $675,000). The number of homes sold was 15.8% down compared to the prior month (120 vs. 101). Average days on market shifted 8.3% up (72 days to 78 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 5.1% down (from $711,000 to $675,000). Sales volume is 16.1% up year-over-year.
What This Means
Tracy's housing market is showing signs of cooling as we move into late spring. While year-over-year sales volume is up, the month-over-month decline of nearly 16 percent suggests buyers are pulling back from the spring rush. Median prices have dipped 2.3 percent from April and are down 5.1 percent compared to May last year, indicating sellers are gradually adjusting expectations in a less competitive environment. At $675,000 median price with a perfect 100 percent sale-to-list ratio, the market remains relatively balanced, but the lengthening days on market—now at 78 days compared to 72 last month—reveals homes are sitting longer before finding buyers.
The growing inventory tells the real story. With 449 active listings on the market, potential buyers have substantially more choices than they did a year ago. These homes are averaging 56 days on market, which is actually quite competitive, yet they're listed at a $759,000 median asking price—notably higher than what's actually selling. This gap suggests some sellers haven't fully adjusted to current market conditions. For buyers, this shift is welcome relief after years of tight inventory. For sellers, it's a reminder that Tracy's days of multiple offers and rapid appreciation may be behind us, at least for now.
Tracy Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95377 | 47 | $725,000 | $347 | 108 |
| 95376 | 40 | $577,500 | $364 | 58 |
| 95304 | 8 | $795,000 | $300 | 89 |
| 95391 | 6 | $677,500 | $339 | 79 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 70 | $700,000 | $349 |
| OTHER | 24 | $671,500 | $900 |
| MULTI_FAMILY | 3 | $612,500 | $361 |
| MOBILE | 2 | $107,000 | $153 |
| CONDOS | 1 | $335,000 | $300 |
| LAND | 1 | $625,000 | $372 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 1 |
| $100K - $199K | 2 |
| $200K - $299K | 1 |
| $300K - $399K | 4 |
| $400K - $499K | 6 |
| $500K - $749K | 54 |
| $750K+ | 33 |
Current Active Listings
As of this report, there are 449 active listings in Tracy with a median asking price of $759,000 and an average of 56 days on market.
Thinking About Selling Your Tracy Home?
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