US5.com
  1. Home
  2. States
  3. California
  4. ZIP 95348
  5. Housing & Real Estate
Merced city, CA

ZIP 95348 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 95348

Median Home Value
$352,700
Median Rent
$1,249
Affordability Snapshot
$97,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,266/mo PITI).

24%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.5x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

23.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 95348 in Merced city, CA, a household would need roughly $97,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,266. That is about 52% above the local median household income ($63,618), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
47.3%-28% vs US avg
x
Vacancy Rate
7.9%-23% vs US avg
x
Broadband Access
93.2%+7% vs US avg
x
4+ Bedrooms
5.4%-63% vs US avg
x
Built Pre-1939
0.6%-96% vs US avg
x
Built Post-2014
2.3%-67% vs US avg
x
Rent Burden >30%
24.6%-51% vs US avg
x
Mortgage-Free
32.7%-14% vs US avg
x
$352,700
Home Value
$1,249
Rent
1987
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached56.7%
  • 1-unit attached0.9%
  • 2-9 units21.6%
  • 10+ units12.2%
  • Mobile home & other8.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$352,700
Median rent$1,249
Owner-occupied47.3%
Vacant7.9%
Price-to-income5.5x
Est. income to buy$97,000