Homes as low as $190K in Merced County? Here are 10 cheapest home listings
Buying a home in California comes at a high cost.
Even though home prices in California have dipped slightly, homebuyers still face steep costs.
According to the most recent report from the California Association of Realtors, the statewide median home price was $850,680 in December, down 0.4% from $853,780 in November and lower than $861,020 in December 2024.
Luckily, some areas of the Central Valley have more affordable housing markets, according to the Realtors group.
What does the average home cost in Merced County?
Here’s where you can find listings starting around $190,000:
How much do homes cost in Merced County?
The average value of a home in Merced County was $395,000 as of December, according to the most recent report from the California Association of Realtors.
“Housing affordability showed some improvement in the fourth quarter,” Jordan Levine, California Association of Realtors senior vice president and chief economist, said in the Jan. 15 report.
“The combination of lower mortgage rates and a growing supply of homes should encourage more prospective buyers to enter the market this year,” Levine added.
Although “some policy uncertainty remains,” Levine said, real estate experts expect steady economic growth and a gradually improving housing market in 2026.
What are current mortgage rates in California?
Mortgage rates in California have dropped, according to the California Association of Realtors.
“With mortgage rates sliding a full percentage point since (2024), housing markets across the state are finally seeing a light at the end of the tunnel,” the Realtors group said in its Jan. 15 report.
As of Thursday, Feb. 5, the average 30-year fixed mortgage rate in California was about 5.9%, according to Zillow.
The California Association of Realtors expects mortgage rates to stay below 6% in 2026.
Where can I find the cheapest homes in Merced County?
As of Thursday, Feb. 5, there were about 900 properties for sale in Merced County, according to Zillow.
Some of the lowest-priced homes were within Merced city limits, with costs below the average countywide value of $395,000.
Where can I buy a house for under $300,000 in Merced County?
In the Merced area, the most affordable homes range from move-in ready houses to fixer-uppers in need of major repairs.
As of Thursday, Feb. 5, these were 10 houses available to buy in Merced County for less than $300,000, according to Zillow:
1. Two bedrooms, one bathroom for $190,000 — 632 West 25th St., Merced
2. Three bedrooms, two bathrooms for $225,000 — 1726 Merced St., Dos Palos
3. Three bedrooms, one bathroom for $240,000 — 319 West 22nd St., Merced
4. Three bedrooms, one bathroom for $259,000 — 204 West 25th St., Merced
5. Two bedrooms, two bathrooms for $265,000 — 65 West 14th St., Merced
6. Two bedrooms, one bathroom for $265,000 — 1975 Highland Drive, Merced
7. Two bedrooms, one bathroom for $269,000 — 1312 West 24th St., Merced
8. Three bedrooms, one bathroom for $275,000 — 2148 Keely Ave., Merced
9. Three bedrooms, one bathroom for $279,000 — 7535 Fairlane Ave., Winton
10. Two bedrooms, one bathroom for $279,900 — 820 J St., Los Banos
