Real Estate Market Update for Los Banos, CA
Welcome to August's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was down 25% from one year earlier, and up 15% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just over 280-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 63%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 270-thousand dollars. The number of units sold increased 11% year-over-year, and increased 2% 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.
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Map Information for Los Banos, CA
Area Information for Los Banos, CA
  • Population: 37,156
  • Median Age: 31.13 yr
  • Median Commute Time: 43 mins
  • Educational Climate*: 2
  • Sales Tax: 8%
  • Population Density: 3,718/sq mi
  • Population Change Since 2000: 45.55%
  • Closest Airport: Stockton Metropolitan
  • Closest College: California State University-stanislaus
  • Closest Jr. College: Merced College
  • Median Household Income: $48,163
  • Annual Residential Turnover: 19%
  • Median Home Sales Price: $235,050
  • Closest Major Sports Team: Modesto Nuts (a)
  • Change Avg. Household Income Since 2000: 19.72%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Los Banos, CA
Median Age: 31.13 Married: 38% Number of Households: 10,597 Households with Children: 4,764
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 School Rating Parent Rating
      Charleston Elementary School 7.8 mi Public K-6 3 0
      Our Lady Of Fatima 8.4 mi Catholic PRESCHOOL-8 0 0
      Henry Miller Elementary School 8.5 mi Public PRESCHOOL-6 0 0
      Los Banos High School 8.8 mi Public 9-12 3 3
      Westside Union Elementary School 8.9 mi Public K-6 2 0
      Los Banos Elementary School 8.9 mi Public PRESCHOOL-6 1 0
      Green Valley Charter 9.0 mi Public K-6 0 0
      Volta Elementary School 9.1 mi Public PRESCHOOL-6 3 0
      Pacheco High School 9.1 mi Public 9-12 2 3
      Mercey Springs Elementary 9.3 mi Public K-6 2 0
      San Luis High (continuation) School 9.6 mi Public 10-12 1 0
      Lorena Falasco Elementary School 9.6 mi Public K-6 2 0
      Los Banos Special Education Preschool 9.6 mi Public PRESCHOOL-PRESCHOOL 0 0
      R. M. Miano Elementary School 9.7 mi Public K-6 1 0
      Los Banos Adventist School 9.7 mi Private 1-8 0 0
      Crossroads Alternative Education Center 9.8 mi Public 1-12 1 0
      Los Banos Junior High School 9.9 mi Public 7-8 1 4
      Valley Los Banos Community Day School 34.7 mi Public 7-12 0 1
      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: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Los Banos, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.