Tulare Housing Market Report – May 2026
Here's a look at how the Tulare, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 66
- Median Sale Price: $365,000
- Average Sale Price: $360,540
- Average Price Per Sq Ft: $224
- Average Days on Market: 96
- Sale-to-List Price Ratio: 100.2%
Month-Over-Month Trends
Compared to April, the median sale price in Tulare moved 0.0% down (from $365,000 to $365,000). The number of homes sold was 24.5% up compared to the prior month (53 vs. 66). Average days on market shifted 3.2% up (93 days to 96 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 3.7% down (from $379,080 to $365,000). Sales volume is 23.3% down year-over-year.
What This Means
Tulare's housing market is showing signs of stabilization in May, though it remains a buyer's market with notable headwinds. The median price held steady month-over-month at $365,000, but year-over-year we're seeing a 3.7 percent decline from last May's $379,080. This suggests prices have found a temporary floor, though they haven't recovered from the broader cooling trend. What's particularly telling is that homes are selling essentially at list price with a 100.2 percent ratio—buyers aren't getting deals, but sellers aren't facing the steep discounts we saw earlier. The uptick in days on market, now averaging 96 days, indicates homes are taking slightly longer to move despite fair pricing.
The real story here is the inventory situation. With 268 active listings asking an average of $429,490, there's a significant gap between what sellers want and what's actually selling. That $64,490 spread between median asking and selling prices tells you something important: the market is gradually pulling down unrealistic expectations. The property mix is predominantly single-family homes, which remain the bulk of Tulare's market. For buyers, this suggests more patience will likely pay off as sellers continue adjusting to reality. For sellers, pricing competitively from day one remains critical in this environment.
Tulare Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 93274 | 66 | $365,000 | $224 | 96 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 57 | $366,500 | $230 |
| CONDOS | 3 | $210,000 | $188 |
| MULTI_FAMILY | 3 | $525,000 | $253 |
| MOBILE | 2 | $110,500 | $68 |
| TOWNHOMES | 1 | $325,000 | $254 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 1 |
| $100K - $199K | 3 |
| $200K - $299K | 11 |
| $300K - $399K | 32 |
| $400K - $499K | 11 |
| $500K - $749K | 8 |
Current Active Listings
As of this report, there are 268 active listings in Tulare with a median asking price of $429,490 and an average of 72 days on market.
Thinking About Selling Your Tulare Home?
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