ZIP Code 95341 — Merced, CA Home Prices (2026)
The typical home in ZIP 95341 (Merced, California) is worth about $364,000 at roughly $258 per square foot — 10% more affordable than the Merced median and 24% more expensive than the typical U.S. home.
How 95341 compares
ZIP 95341 is one of the more affordable ZIP codes in Merced: its typical home value of $364,000 ranks #3 of the 3 Merced ZIP codes we track (the citywide range runs from $364,000 in 95341 to $417,000 in 95348). Per square foot it costs about $258, against $258 for Merced as a whole, $455 for California, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 95341 | $364,000 | $258 |
| Merced, CA | $406,000 | $258 |
| California | $698,000 | $455 |
| United States | $294,000 | $195 |
Home value by size in 95341
Using this ZIP’s rate of about $258 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $258,000 |
| 1,500 sq ft | $387,000 |
| 2,000 sq ft | $516,000 |
| 2,500 sq ft | $645,000 |
| 3,000 sq ft | $774,000 |
Salary needed to buy a home in ZIP 95341
To buy the typical $364,000 home in ZIP 95341 with 20% down, you need a household income of roughly $99,000 a year (about $2,310 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $118,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $18,200 | $2,870/mo | $123,000/yr |
| 10% (+PMI) | $36,400 | $2,750/mo | $118,000/yr |
| 20% | $72,800 | $2,310/mo | $99,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 95341
At about $258 per square foot, here is roughly how much home different budgets get you in ZIP 95341:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $200k | 780 sq ft | below the local median — condos, smaller or older homes |
| $250k | 970 sq ft | below the local median — condos, smaller or older homes |
| $300k | 1160 sq ft | around the typical home here |
| $400k | 1550 sq ft | around the typical home here |
| $500k | 1940 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 95341 home.
Estimate a specific home in 95341
The estimator below is pre-set to ZIP 95341 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Merced ZIP codes by home value
Where 95341 sits among Merced’s 3 ZIP codes:
ZIP 95341 home prices: frequently asked
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See the full Merced home values page, all California cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.