Real Estate Market Update for Los Banos, CA
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Welcome to March's Market Update,. Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was up nearly 150% from one year earlier, and up 9% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 240-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 5%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 200-thousand dollars. The number of units sold increased 8% year-over-year, and increased 30% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Los Banos, CA
Area Information for Los Banos, CA
  • Population: 36,657
  • Median Age: 29.1 yr
  • Median Commute Time: 29.36 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 3,668/sq mi
  • Population Change Since 2000: 40.49%
  • Closest Airport: Modesto City County-harry Sham Field
  • Closest College: California State University-stanislaus
  • Closest Jr. College: Merced College
  • Median Household Income: $56,348
  • Annual Residential Turnover: 18.16%
  • Median Years in Residence: 3.88 yr
  • Median Home Sales Price: $129,000
  • Closest Major Sports Team: San Jose Sharks
  • Change Avg. Household Income Since 2000: 29%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for Los Banos, CA
Median Age: 29.1 Married: 28% Number of Households: 10,612 Households with Children: 5,688
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Los Banos, CA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Charleston Elementary School 7.5 mi Public K-6 3-5 4
      Our Lady Of Fatima School 8.4 mi Catholic PRESCHOOL-8 0 5
      Henry Miller Elementary School 8.5 mi Public PRESCHOOL-6 1 4
      Los Banos High School 8.8 mi Public 9-12 2-5 2
      Westside Union Elementary School 8.9 mi Public K-6 2-5 3
      Los Banos Elementary School 8.9 mi Public K-6 1 3
      Volta Elementary School 9.1 mi Public PRESCHOOL-6 2-5 5
      San Luis High (continuation) School 9.6 mi Public 10-12 1 0
      Lorena Falasco Elementary School 9.7 mi Public K-6 2 2
      R. M. Miano Elementary School 9.7 mi Public K-6 2 3
      Los Banos Adventist School 9.7 mi Private PRESCHOOL-8 0 0
      Crossroads Alternative Education Center 9.8 mi Public K-12 1 1
      Los Banos Junior High School 9.9 mi Public 7-8 2-5 3
      Pacheco High School 10.8 mi Public 9-10 2-5 0
      Valley Los Banos Community Day School 34.7 mi Public 7-12 1 0
      Mercey Springs Elementary School 7,904.3 mi Public K-6 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics 2014
      Local Weather for Los Banos, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.