Market Overview
Home Prices in Los Banos, CA
The median home value in Los Banos, CA is $461,991 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.6% compared to a year ago and down 1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Los Banos are priced13% above average. Los Banos is part of the Merced, CA metro area.
Over the past five years, Los Banos home values have risen by approximately11.0%, reflecting steady appreciation in this market.
Price History
Los Banos Home Price Trend
City Comparison
Los Banos vs. National Median
At $461,991, homes in Los Banos cost 13% above the national median of $410,000. Buyers in Los Banos should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Los Banos?
20% Down Payment
$92,398
on $461,991
Monthly P&I
$2,409/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,059/mo
incl. taxes & insurance
Income Needed
$122,360
gross annual (30% rule)
10% Down Option
$46,199
+ PMI applies
Loan Amount (20% dn)
$369,593
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Los Banos, CA?
The median home value in Los Banos is $461,991 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.6% year-over-year.
How much have home prices changed in Los Banos?
Over the past year, home values in Los Banos have decreased by 2.6%. Over five years, prices have risen approximately 11.0%.
How much do I need to earn to buy a home in Los Banos?
To comfortably afford the median home price of $461,991 with a 20% down payment ($92,398) at today's rates (6.8%), you'd need a gross annual income of approximately $122,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Los Banos compare to the national average home price?
The national median home value is approximately $410,000. At $461,991, homes in Los Banos are 13% above the national average.
What metro area is Los Banos part of?
Los Banos is part of the Merced, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.