Market Intelligence Report — CA-700

Modesto, CA

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

Ref. No: 2026-CA-08
As of the latest 2026 data
Accelerated

Median Listing

$510K
+0.1% YoY

Pending Ratio

0.53
+10.9% YoY

Active Inventory

787
-15.1% YoY

Median DOM

45 Days
-5.3% YoY

Primary Intelligence Tool — Sold Score™

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The Modesto market is classified as Accelerated, with a pending ratio of 0.53 indicating sustained demand absorption relative to available inventory. Active listings have contracted by 15.1% year-over-year, alongside a stable median listing price increase of 0.1% over the same period.

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

7.0%-0.6 pp YoY

Unemployment rate · Jul 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.

Inventory continues to tighten, with active listings declining by 15.1% year-over-year while new listings remained stable. The pending ratio increased by 10.9% year-over-year to 0.53, reflecting a stronger pace of demand absorption compared to the prior year. Median days on market decreased by 5.3% year-over-year to 45 days, suggesting properties are moving more quickly. The share of price reductions also decreased by 3.3% year-over-year.

Historical Analysis

Market Trends

Median Price

$510K-0.8% MoM

Active Inventory

787-15.1% YoY

Days on Market

45-5.3% YoY

Sold Score™

75+10.9% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

75
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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

The contracting active listing inventory and a pending ratio of 0.53 indicate that market participants seeking to acquire property face a relatively swift pace of transactions. This environment places greater pressure on purchasers to maintain price discipline. The decline in days on market further underscores the limited time available for negotiation.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

787 active listings represent the current floor, with new supply arriving at roughly 396 per month.

Pricing Pressure
18.7%

of active listings carry a price reduction, -3.3% from prior period.

$/Sq Ft
$0K

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

Absorption
0.53

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Modesto, CA? Inventory is down 15% from last year.

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

Buyer Demand Index
53%
Median Days on Market
45 days
Inventory YoY
−15%

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

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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