Market Intelligence Report — CA-700

Modesto, CA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-CA-09
As of the latest 2026 data
Stabilizing

Median Listing

$508K
+1.1% YoY

Pending Ratio

0.47
+4.0% YoY

Active Inventory

874
-0.9% YoY

Median DOM

46 Days
-14.9% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's stabilizing Modesto market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Modesto, CA.

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The Modesto housing market is currently exhibiting stabilizing conditions. The pending ratio stands at 0.47, indicating a relatively balanced absorption of available inventory, and active listings have seen a marginal year-over-year contraction of 0.9%.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

6.6%-0.2 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

557,719+0.1% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Modesto market right now.

Median listing prices have shown modest appreciation, rising 1.1% over the past year, despite a slight month-over-month decline of 0.5%. While active listings remained nearly flat year-over-year, new listings expanded by 12.7%, contributing to the total inventory. Pending listings, at 409, resulted in a pending ratio of 0.47, a 4.0% increase year-over-year, suggesting some strengthening in demand relative to supply absorption.

Historical Analysis

Market Trends

Median Price

$508K-0.5% MoM

Active Inventory

874-0.9% YoY

Days on Market

46-14.9% YoY

Sold Score™

69+4.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

69
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

Negotiating leverage in the Modesto market is relatively balanced, with current demand absorption maintaining pace with available supply. The 46 median days on market reflects a steady transaction speed, and a price-reduced share of 19.2% suggests some flexibility in pricing, without undue pressure on either side.

Luxury Segment

Average listing prices have contracted by 1.1% year-over-year, while median listing prices increased by 1.1% over the same period. This divergence, alongside an average-to-median price spread of $89,723, suggests some softening in the higher-priced segment of the market.

Supply Dynamics

874 active listings represent the current floor, with new supply arriving at roughly 426 per month.

Pricing Pressure
19.2%

of active listings carry a price reduction, -1.4% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.1% year-over-year.

Absorption
0.47

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Modesto, CA? Homes here are taking 8 days less to sell than last year.

Modesto, CA is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
47%
Median Days on Market
46 days
Inventory YoY
−1%

Modesto, CA is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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The Monthly Briefing

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Metro Demographics

Metro Area
Modesto, CA
CBSA Code
33700
State
CA

ZIPs in Modesto, CA

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Modesto?+

    As of the latest 2026 data, the Modesto metro is classified as Stabilizing. Pending ratio is 0.47 with median days on market at 46.

  • Are home prices dropping in Modesto?+

    Median listing price is $508K, +1.1% year over year. 19.2% of active listings carry a price reduction.

  • How fast are homes selling in Modesto?+

    The typical listing sits 46 days on market, a -14.9% change YoY. New listings are arriving at 426 per month.

  • What's happening in the Modesto luxury market?+

    Average listing prices have contracted by 1.1% year-over-year, while median listing prices increased by 1.1% over the same period. This divergence, alongside an average-to-median price spread of $89,723, suggests some softening in the higher-priced segment of the market.

  • Where can I find a trusted Modesto real estate expert?+

    Primpted maintains a vetted registry of Modesto agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 33700 · 36mo history