Merced, CA

Population: 81,102
Average annual home appreciation rate: 3.71%
Total of homes for sale in this market: 780
Median home price: $206,336
Median Rent: $1,138 per room
Home price range: 44.43% of homes are between $150,001 – $299,000
Median sales price: $175,000
Number of homes: 171
Median foreclosure sales price: $200,000
Foreclosure discount: N/A
Most common home type: 63.30% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 9.71%
Number of renters: 58.08%
Number of owner occupied: 41.92%
Number people living below poverty level: 30.05%
Unemployment rate: 9.90%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Merced area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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