The story of this market
The typical home in ZIP 95387 sells for about $445,833, or $305 per square foot.
Prices are roughly flat from a year ago (-0.7%), a market in balance. Homes take about 13 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,384 a month.
ZIP 95387 — Westley
The Modesto housing market is currently experiencing a period of price stabilization with a slight year-over-year decline. Inventory remains tight, keeping days on market low and supporting a balanced sale-to-list ratio. Market activity is driven by steady demand relative to the limited supply of available homes.
Median prices moved down 0.7% year over year.
Homes spend a median of 13 days on market with 2.5 months of supply — a fast-moving market.
36% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.4% · poverty 12.0% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 95387, Stanislaus County CA
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%).
Data aggregated from Modesto MSA and city-level census reports
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.