Above, you'll find an overview of the real estate market in Merced, CA. Generally, real estate in the Merced, CA area is more affordable in California, as the median price of a home in Merced, CA is $170,500, which is 58% lower than the California average. The median rental price in Merced, CA is $855. This is 34% lower than the average rental price in California. Home owners comprise 40.8% of the population of Merced, CA, where an average of 3.1 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Merced, CA. Below, you can search for real estate listings in Merced, CA using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.