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Home values, rents and more in ZIP code 95340 (Merced, CA)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$401,000
Metro: $414,000 · U.S.: $366,000
Home values, past year
−0.8%
Metro: −0.3% · U.S.: +1.2%
Typical rent
$1,690/mo
Metro: $2,059 · U.S.: $1,932
Rents, past year
−0.4%
Metro: +1.1% · U.S.: +2.9%
Population
38,303
ACS 2020–24
Median household income
$71,193
Metro: $65,510 · U.S.: $80,734
ZIP codes around 95340, shaded by typical home value9534095341953069533395301953489538895325
  • Under $360k
  • $360k–$390k
  • $390k–$420k
  • $420k–$460k
  • $460k+
  • No data
ZIP codes around 95340, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 95340 is outlined.

How 95340 compares

The typical home in ZIP code 95340 (Merced, CA) is worth about $401,000, according to the Zillow Home Value Index for September 2026. Home values in 95340 are 3% below the typical value in the Merced metro area ($414,000) and 9% above the U.S. typical value ($366,000).

Over the past year, home values in 95340 fell 0.8%, compared with −0.3% in the Merced metro area and +1.2% nationally.

Typical rent is $1,690 a month (Zillow Observed Rent Index), 18% below the Merced metro area ($2,059) and 13% below the U.S. ($1,932). Rents fell 0.4% over the past year.

The median household income is $71,193, against $65,510 in the Merced metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 38,303 people live in 95340 (American Community Survey 2020–24).

95340 has the 7th-lowest typical home value of the 17 ZIP codes in the Merced metro area and the 336th-lowest of 1,541 in California with Zillow figures.

Part of: Merced, CA · Merced County, CA · Merced metro area · California

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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