Los Banos Market Report Mar 2026 | Prices Down 3.4%

Executive Summary

The Los Banos, CA real estate market is currently classified as a buyer's market. The median asking price is $456K, down 3.4% over the past 30 days.

There are currently 16 active listings, representing 16 months of inventory. 6 properties have sold in the past 90 days at a median sold price of $387K. Inventory has increased 166.7% compared to last month.

Currently, listings spend an average of 28 days on market and the average price per square foot is $301.

Detached properties make up the largest share of the Los Banos market at 100% of active listings with an average price of $450K.

Sales Activity & Absorption

Volume

Sold (30d)

Sold (90d)

Avg DOM

New (30d)

Market Signals

Price Cuts (30d)

New (7d)

100%

Sell-Through

93.3%

List-to-Sale

1 properties sold in the past 30 days, 10 new listings appeared in the past month, 5 sellers reduced their asking price.

Market Balance

Months of Inventory

Seller'sBalancedBuyer's

16months

Strong Buyer's Market

Sell-Through Rate100.0%

Inventory Change (30d)+166.7%

Site Active Listings16

With 16 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%

Prime Rate4.45%

Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $456K, 20% down, 25yr amortization

$2,122/mo

at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

This is currently a buyer's market with more negotiating power for purchasers. The Los Banos market currently has 16 active listings with a median price of $456K and 16 months of inventory.

High inventory (16 months) favors buyers
Prices declining (-3.4% in 30 days)
High price reduction rate (31% of listings)
High sell-through rate (100%)
Average price per square foot is $301
Sold properties averaged -27 days on market

For Buyers

With more inventory and less competition, buyers in Los Banos have room to negotiate. Take time to compare options and don't rush — but be ready to act on well-priced properties.

For Sellers

With higher inventory, pricing strategy is critical. Price at or slightly below market value to attract attention. Ensure your listing stands out with quality photos and accurate details. 5 listings have reduced their price in the past 30 days. The current sell-through rate is 100%.

Search Los Banos

Browse all 16 active listings.

View All Listings

Resources

Market data is calculated from active and recently sold MLS listings as of March 2, 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Based on information from California Regional Multiple Listing Service (CRMLS). This data is for informational purposes only and may not reflect all real estate activity in the market. Information deemed reliable but not guaranteed.