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Market Snapshot
Things to Do in Merced
Outdoor activities abound in Merced, California, located south of Modesto in the beautiful San Joaquin Valley. Merced is known as the "Gateway to Yosemite," offering easy access to Yosemite National Park, Monterey Bay, and the Pacific Ocean. The Merced National Wildlife Refuge and Lake Yosemite are the perfect backdrops for communing with nature. Across the city, you'll discover parks with playgrounds, walking trails, and sports fields; restaurants with plenty of delicious dining options to please any palate; and great retail and entertainment destinations, including the Merced Antique Mall, the Applegate Zoo, and Playhouse Merced.
Merced Industries
Merced, California, is a thriving city with a strong economy and robust job market driven primarily by the healthcare, social services, retail, public administration, and education industries. Major employers in Merced include Golden Valley Health Center, Central Valley Trucking, Merced County Human Services, and Mercy Medical Center, Merced.
Merced Housing Market Conditions
Housing starts are at their lowest level since 2017. The focus is currently towards aggressively closing the current new spec home inventory. Merced continues to see dec lines in under construction inventory as well as finished vacant inventory. Promising news in new home closings are seen with numbers higher than 2019.
Merced is seeing more new households with its economy bolstered by mid-wage jobs in public education and government. UC Merced is seeing a record number of applicants. The job growth rate has been seen in professional, finance and business services jobs.
The lower affordability rate means buying a new home in California in this region is more reasonable. Even with the heightened economy concerns you can find options new homes for sale in Merced in 2023.
New Home Lifestyles
When you buy a home in one of Merced's new home communities, you get more than a house. Your new house is in a neighborhood where you can live an active and engaged life. Your neighbors aren't just the people who live next door; they will be lifelong friends. After having fun with friends and family at the community pool or neighborhood sports complex, invite your loved ones over to your beautiful new home for a delicious meal.
To help homeowners make the most of their new community, Merced homebuilders and developers often include fantastic amenities in the neighborhood plan, including:
- Private Neighborhood Pools
- Community Parks and Playgrounds
- Gated Enclaves
- Sports Facilities
- Golf Courses
Top Merced School Districts
Families are pleased with the excellent schools in Merced. Your new home will have dedicated teachers ready to partner with you to achieve student success. Choose from Lammersville Joint Unified School District, Merced Union High School District, Weaver Union School District, and Merced City Elementary School District. Your kids will be making friends and enjoying learning at their new schools.
Use NewHomeSource to explore the entire real estate market in Merced. Your new dream home is just a click away.
Market Overview: New Construction Homes in Merced, CA
Here is a quick overview of new housing developments in the Merced area and the new construction market for new build homes in Merced:
| Market Name | Merced |
| State Name | California |
| Subdivisions | 23 |
| Homes Under Construction | 60 |
| Quick Move-in Homes | 108 |
| Floor Plans | 67 |
| Starting Price | $366,900 |
| Average Price | $352,581 |
| Price Per SqFt | $189 |
| New Home Builders | 11 |
| Leading Builders |
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