Modesto, CA Housing Market
The Modesto housing market is very competitive. The median sale price of a home in Modesto was $450K last month, up 10.7% since last year. The median sale price per square foot in Modesto is $290, up 7.4% since last year.
Modesto Housing Market Trends
In March 2024, Modesto home prices were up 10.7% compared to last year, selling for a median price of $450K. On average, homes in Modesto sell after 20 days on the market compared to 22 days last year. There were 143 homes sold in March this year, down from 148 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Modesto housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 15 days.
- Hot homescan sell for about 3% above list price and go pending in around 6 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 9 days.
- Hot homescan sell for about 2% above list price and go pending in around 6 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 14 days.
- Hot homescan sell for about 2% above list price and go pending in around 6 days.
Modesto Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Modesto from outside metros.
- New York homebuyers searched to move into Modesto more than any other metro followed by Santa Barbara and Pensacola.
- 78% of Modesto homebuyers searched to stay within the Modesto metropolitan area.
- Sacramento was the most popular destination among Modesto homebuyers followed by Los Angeles and San Diego.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 284 | ||
2 | 132 | ||
3 | 32 | ||
4 | 18 | ||
5 | 9 | ||
6 | 6 | ||
7 | 5 | ||
8 | 4 | ||
9 | 4 | ||
10 | 3 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 11,547 | ||
2 | 3,710 | ||
3 | 2,697 | ||
4 | 2,406 | ||
5 | 1,737 | ||
6 | 1,562 | ||
7 | 1,551 | ||
8 | 1,348 | ||
9 | 1,335 | ||
10 | 1,280 |
Home offer insights for Modesto
Recent offers
View houses in Modesto that sold recently
Recently sold homes
- $437,000 Last Sold Price3 beds2 baths1,528 sq ft1422 Ashwood Dr, Modesto, CA 95350Assist 2 Sell Central Valley Realty HomeSmart PV & AssociatesList Price$439,000Sale to List0% under listDays on Market43 days1422 Ashwood Dr, Modesto, CA 95350
- $547,000 Last Sold Price4 beds2.5 baths2,134 sq ft2017 Bridgewood Way, Modesto, CA 95355PMZ Real Estate, PMZ Real Estate eXp Realty of California Inc.List Price$549,950Sale to List1% under listDays on Market111 days2017 Bridgewood Way, Modesto, CA 95355
- $385,000 Last Sold Price2 beds1 bath1,064 sq ft419 Laurel Ave, Modesto, CA 95351HomeSmart PV and Associates PMZ Real EstateList Price$369,900Sale to List4% over listDays on Market36 days419 Laurel Ave, Modesto, CA 95351
- $467,000 Last Sold Price3 beds2 baths1,778 sq ft1517 Paulette Ave, Modesto, CA 95355RE/MAX Executive RE/MAX ExecutiveList Price$460,000Sale to List2% over listDays on Market32 days1517 Paulette Ave, Modesto, CA 95355
- $351,000 Last Sold Price2 beds1 bath862 sq ft2554 W Rumble Rd, Modesto, CA 95350PMZ Real Estate PMZ Real EstateList Price$369,900Sale to List5% under listDays on Market27 days2554 W Rumble Rd, Modesto, CA 95350
- $450,000 Last Sold Price3 beds2 baths1,312 sq ft3325 Nightingale Dr, Modesto, CA 95356California Investment Properties PMZ Real EstateList Price$435,000Sale to List3% over listDays on Market24 days3325 Nightingale Dr, Modesto, CA 95356
- $480,000 Last Sold Price3 beds3 baths1,582 sq ft1604 Marsha Ave, Modesto, CA 95350Gateway Sotheby's Int. Realty Non-MLS OfficeList Price$479,000Sale to List0% over listDays on Market95 days1604 Marsha Ave, Modesto, CA 95350
- $415,000 Last Sold Price3 beds2 baths1,310 sq ft545 San Vincente Ct, Modesto, CA 95354HomeSmart PV & Associates HomeSmart PV & AssociatesList Price$419,950Sale to List1% under listDays on Market61 days545 San Vincente Ct, Modesto, CA 95354
See all recently sold homes in Modesto.
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Schools in Modesto
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Salida Elementary School Public • K-5 | 292 Students | 2 reviews |
7/10 Alberta Martone Elementary School Public • K-6 | 624 Students | 5 reviews |
7/10 Enslen Elementary School Public • K-6 | 362 Students | 7 reviews |
6/10 Capistrano Elementary School Public • K-6 | 464 Students | 2 reviews |
6/10 Lakewood Elementary School Public • K-6 | 377 Students | 9 reviews |
Climate's impact on Modesto housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Modesto.
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Heat Factor - Severe
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Transportation in Modesto
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