Cities with the fastest growing home prices in Merced metro area

Written by:
January 19, 2023
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Cities with the fastest growing home prices in Merced metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Merced, CA metro area using data from Zillow. Cities are ranked by 1-year price change as of December 2022. The typical home value in the United States increased over the last year by +8.4%% to $356,819. All 15 cities and towns with data available were included in the list.

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1 / 15
Stacker

#15. Gustine, CA

- 1-year price change: +$6,478 (+1.6%)
- 5-year price change: +$157,092 (+60.9%)
- Typical home value: $415,210 (#7 most expensive city in metro)
2 / 15
Stacker

#14. Atwater, CA

- 1-year price change: +$10,268 (+2.7%)
- 5-year price change: +$148,924 (+60.4%)
- Typical home value: $395,589 (#10 most expensive city in metro)
3 / 15
Stacker

#13. Los Banos, CA

- 1-year price change: +$10,802 (+2.5%)
- 5-year price change: +$164,932 (+57.7%)
- Typical home value: $450,563 (#5 most expensive city in metro)
4 / 15
Stacker

#12. Hilmar, CA

- 1-year price change: +$12,492 (+2.9%)
- 5-year price change: +$165,972 (+58.7%)
- Typical home value: $448,700 (#6 most expensive city in metro)
5 / 15
Stacker

#11. Dos Palos, CA

- 1-year price change: +$12,729 (+3.9%)
- 5-year price change: +$139,403 (+69.2%)
- Typical home value: $340,720 (#13 most expensive city in metro)

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6 / 15
Stacker

#10. Snelling, CA

- 1-year price change: +$13,223 (+2.8%)
- 5-year price change: +$207,085 (+75.9%)
- Typical home value: $479,969 (#4 most expensive city in metro)
7 / 15
Stacker

#9. Winton, CA

- 1-year price change: +$17,914 (+5.4%)
- 5-year price change: +$157,105 (+82.5%)
- Typical home value: $347,435 (#12 most expensive city in metro)
8 / 15
Stacker

#8. Delhi, CA

- 1-year price change: +$17,919 (+4.7%)
- 5-year price change: +$158,734 (+65.8%)
- Typical home value: $399,971 (#9 most expensive city in metro)
9 / 15
Stacker

#7. Livingston, CA

- 1-year price change: +$20,498 (+5.4%)
- 5-year price change: +$152,309 (+61.1%)
- Typical home value: $401,670 (#8 most expensive city in metro)
10 / 15
Stacker

#6. Merced, CA

- 1-year price change: +$21,455 (+5.9%)
- 5-year price change: +$152,015 (+65.3%)
- Typical home value: $384,923 (#11 most expensive city in metro)

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11 / 15
Stacker

#5. Le Grand, CA

- 1-year price change: +$24,554 (+8.3%)
- 5-year price change: +$136,814 (+75.0%)
- Typical home value: $319,332 (#14 most expensive city in metro)
12 / 15
Stacker

#4. Stevinson, CA

- 1-year price change: +$36,570 (+5.4%)
- 5-year price change: +$344,887 (+93.2%)
- Typical home value: $714,970 (#2 most expensive city in metro)
13 / 15
Stacker

#3. Planada, CA

- 1-year price change: +$36,855 (+14.0%)
- 5-year price change: +$157,025 (+109.7%)
- Typical home value: $300,130 (#15 most expensive city in metro)
14 / 15
Stacker

#2. El Nido, CA

- 1-year price change: +$43,930 (+6.7%)
- 5-year price change: +$157,025 (data not available)
- Typical home value: $701,384 (#3 most expensive city in metro)
15 / 15
Stacker

#1. Ballico, CA

- 1-year price change: +$135,235 (+22.7%)
- 5-year price change: +$381,241 (+108.7%)
- Typical home value: $731,867 (#1 most expensive city in metro)

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