Merced, CA Real Estate

According to census data in the year 2000 there were 21,544 housing units in Merced. This represents a 13.6% growth from 18,965 in 1990.

Of those housing units, 21,467 were located in either urbanized areas or urban clusters, and 77 were located in what is classified as a rural area.

Homeownership rate in Merced is about 46.2%. Merced's vacancy rate, including seasonal lodging, is about 4.9%. Average household size is 3.06 people.

The majority of houses, apartments or condos in Merced were built after 1975.


Housing Size

Housing Units by Size
Studio Type9.50%
One Bedroom18.10%
Two Bedrooms28.80%
Three Bedrooms32.30%
Four Bedrooms10.60%
Five Bedrooms or more0.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.04
Median year structure was built1975
Median Value of occupied units$106,400
Median Price asked for vacant units$104,500

Rented Homes, Apartments and Condos

Average Household Size3.08
Median year structure was built1974
Median Monthly Rent asked for vacant units$387

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage13.30%
Home Equity Loan5.10%
Simple Mortgage60.20%
Debt Free21%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.8%