
Located between Yosemite National Park and Monterey Bay, Merced is known as “The Gateway to Yosemite”. Merced is home to 80,000 Californians who reside within the city limits of approximately 20 square miles. Merced can be classified as a “sleepy town”, but is much more than that.
Merced may still be a “small town” in a global sense, but the city is growing at a rapid pace. The city just became home to the tenth campus of the University of California and is guaranteed to continue on this upward path for years to come. With small town appeal, Merced is the perfect spot for young families to live and grow. Merced is home to two major public school systems as well as quite a few private and technical schools. So many educational options for such a small town make this an ideal spot to raise your family.
This small town truly is an All-American town in a sense. Merced's population is made up of a melting pot of residents and is home to one of the largest concentrations of Laotian Hmong immigrants. The community of Merced is tolerant and understanding of the cultures and backgrounds of its various residents, so most of the foreigners are able to hold strong to their beliefs and values.
The real estate market trend for average sales price for May to July 2007 was:
Two bedrooms – $260,411
Three bedrooms – $255,010
Four bedrooms – $297,695
The real estate market trend for median sales price for August to October 2007 was:
Two bedrooms - $196,690
Three bedrooms - $231,468
Four bedrooms - $278,482
Examples of homes for sale in Merced include a two bedroom/1 bath for $99,900, a three bedroom/1 bath for $2,000,000, and a vacant lot for $12,000,000. You can find homes priced from very cheap to very expensive according to the amenities you desire.