Why Live in Los Banos
Los Banos, CA, located in the Central Valley, is transitioning from a farming area into a suburban bedroom community for Silicon Valley commuters. With nearly 50,000 residents, the city is attracting newcomers due to its proximity to the Bay Area, offering a more affordable homeownership option compared to renting in San Jose. The city features a mix of historic homes from the early 1900s, midcentury ranch-style houses, and new construction, including custom-built homes on multiacre estates. Downtown Los Banos, the heart of the city, has been revitalized with local shops, restaurants, and community events like the May Day Spring Fair and the Los Banos Tomato Festival. The city is surrounded by wildlife refuges, including the San Luis National Wildlife Refuge, and boasts over 40 municipal parks, providing ample outdoor activities. Los Banos is about 40 miles southwest of Merced and 80 miles from San Jose, with transportation options including state Route 152 and Merced’s transit system, The Bus. The Los Banos Unified School District serves the city, and higher education is available at the Los Banos campus of Merced College.
Home Trends in Los Banos, CA
On average, homes in Los Banos, CA sell after 31 days on the market compared to the national average of 70 days. The median sale price for homes in Los Banos, CA over the last 12 months is $469,000, down 7% from the median home sale price over the previous 12 months.
Median Sale Price
$469,000
Median Single Family Sale Price
$489,220
Median Townhouse Sale Price
$469,000
Average Price Per Sq Ft
$305
Number of Homes for Sale
22
Last 12 months Home Sales
325
Median List Price
$469,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-7%