Market Overview
Home Prices in Tracy, CA
The median home value in Tracy, CA is $688,735 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 5.3% compared to a year ago and down 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Tracy are priced68% above average. Tracy is part of the Stockton, CA metro area.
Over the past five years, Tracy home values have risen by approximately6.9%, reflecting steady appreciation in this market.
Price History
Tracy Home Price Trend
2020
$508,214
$508K
—
2021
$643,989
$644K
+26.7%
2022
$794,947
$795K
+23.4%
2023
$699,397
$699K
-12.0%
2024
$743,005
$743K
+6.2%
2025
$727,100
$727K
-2.1%
2026
$688,735
$689K
-5.3%
City Comparison
Tracy vs. National Median
🏠 Tracy
$688,735
National Median
$410,000
At $688,735, homes in Tracy cost 68% above the national median of $410,000. Buyers in Tracy should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Tracy?
20% Down Payment
$137,747
on $688,735
Monthly P&I
$3,592/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,562/mo
incl. taxes & insurance
Income Needed
$182,480
gross annual (30% rule)
10% Down Option
$68,874
+ PMI applies
Loan Amount (20% dn)
$550,988
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 Tracy, CA?
The median home value in Tracy is $688,735 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 5.3% year-over-year.
How much have home prices changed in Tracy?
Over the past year, home values in Tracy have decreased by 5.3%. Over five years, prices have risen approximately 6.9%.
How much do I need to earn to buy a home in Tracy?
To comfortably afford the median home price of $688,735 with a 20% down payment ($137,747) at today's rates (6.8%), you'd need a gross annual income of approximately $182,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Tracy compare to the national average home price?
The national median home value is approximately $410,000. At $688,735, homes in Tracy are 68% above the national average.
What metro area is Tracy part of?
Tracy is part of the Stockton, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.