95340 — Merced, CA Home Values
Typical home value $406,215 as of June 2026 · 11th of 17 in Merced, CA
Blue: typical home value (Zillow ZHVI) in ZIP code 95340, June 2021 to June 2026. This page shows observed data only; no forecast.
How 95340 compares in the Merced, CA area
ZIP code 95340 (Merced, CA) has a typical home value of $406,215 as of June 2026, ranking 11th of 17 ZIP codes tracked in the Merced, CA area, more expensive than about 41% of ZIP codes in the metro. Prices here have moved -1.3% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +16.8%, from $347,805 in June 2021 to $406,215 in June 2026. Against observed rent, the typical home here sells for 18.3× the annual rent ($1,845/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Merced, CA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Merced.
Population and demographics
ZIP code 95340 has a population of 38,045, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 50.3% Hispanic or Latino, 36.2% White, 7.9% Asian, 2.7% Black or African American, 2.4% two or more races, 0.4% American Indian or Alaska Native, 0.1% Native Hawaiian or Pacific Islander, and 0.1% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Donn B. Chenoweth Elementary | 3200 Parsons Ave., Merced, CA | 2.8 mi |
| Merced City School District Community Day | 601 Mercy Ave., Merced, CA | 3.1 mi |
| Herbert H. Cruickshank Middle | 601 Mercy Ave., Merced, CA | 3.1 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 95340?
$406,215 as of June 2026, the latest month Zillow has published observed data for.
Is 95340 an expensive ZIP code in the Merced, CA area?
95340 ranks 11th of 17 ZIP codes in the Merced, CA area by typical home value, more expensive than about 41% of ZIP codes in the metro.
How much have home values in 95340 changed over the past year?
-1.3% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 95340?
The typical home price is 18.3× the observed annual rent in this ZIP code ($1,845/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 95340?
38,045, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 95340?
Donn B. Chenoweth Elementary (2.8 mi), Merced City School District Community Day (3.1 mi), Herbert H. Cruickshank Middle (3.1 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 95340?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Merced, CA forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.