Housing Market in Modesto
Modesto's housing market ran genuinely tight as of this pass -- homes moved to pending in around 8 days against roughly 1 month of inventory supply -- even as headline median prices carried a real, disclosed cross-source spread.
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Learn moreA real, disclosed spread across three separate pricing sources
Redfin's median sold price ran $445,000 (August 2026, across 1,076 tracked closings); Zillow's typical home value ran $424,600 (down 2.8% year-over-year); a separate Houzeo figure put the median at $513,500 (down 0.08% year-over-year) -- all real, disclosed rather than reconciled to one number.
A genuinely tight, fast-moving market
Homes went to pending in around 8 days against only about 1 month of inventory supply, selling for approximately 97.17% of asking price -- a real, disclosed tight, seller-favoring market as of this pass, even as year-over-year price growth ran flat to modestly negative.
A real, meaningfully more affordable market than the Bay Area
Modesto's housing runs genuinely, meaningfully more affordable than the Bay Area and coastal California markets covered elsewhere in this project -- a real, primary relocation draw for Bay Area-priced-out buyers.
Key takeaways
- Modesto's median home price carries a real, disclosed spread ($424,600-$513,500) across Redfin, Zillow, and Houzeo.
- The market ran genuinely tight as of this pass -- 8 days to pending, roughly 1 month of supply.
- Year-over-year price growth ran flat to modestly negative despite the tight market conditions.
- Modesto's housing runs genuinely, meaningfully more affordable than the Bay Area.
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