Market Overview
Home Prices in Planada, CA
The median home value in Planada, CA is $294,853 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.1% compared to a year ago and up 0.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Planada are priced28% below average. Planada is part of the Merced, CA metro area.
Over the past five years, Planada home values have risen by approximately13.2%, reflecting steady appreciation in this market.
Price History
Planada Home Price Trend
2020
$202,798
$203K
—
2021
$260,578
$261K
+28.5%
2022
$302,872
$303K
+16.2%
2023
$301,535
$302K
-0.4%
2024
$298,883
$299K
-0.9%
2025
$301,274
$301K
+0.8%
2026
$294,853
$295K
-2.1%
City Comparison
Planada vs. National Median
🏠 Planada
$294,853
National Median
$410,000
At $294,853, homes in Planada cost 28% below the national median of $410,000. This makes Planada a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Planada?
20% Down Payment
$58,971
on $294,853
Monthly P&I
$1,538/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,953/mo
incl. taxes & insurance
Income Needed
$78,120
gross annual (30% rule)
10% Down Option
$29,485
+ PMI applies
Loan Amount (20% dn)
$235,882
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 Planada, CA?
The median home value in Planada is $294,853 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.1% year-over-year.
How much have home prices changed in Planada?
Over the past year, home values in Planada have decreased by 2.1%. Over five years, prices have risen approximately 13.2%.
How much do I need to earn to buy a home in Planada?
To comfortably afford the median home price of $294,853 with a 20% down payment ($58,971) at today's rates (6.8%), you'd need a gross annual income of approximately $78,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Planada compare to the national average home price?
The national median home value is approximately $410,000. At $294,853, homes in Planada are 28% below the national average.
What metro area is Planada part of?
Planada is part of the Merced, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.