Del Real Commercial
Quarterly Market Dispatch · Q2 2026
Vol. 01 Issue 02 June 4, 2026

Merced County Apartments.

A quarterly read of Merced County's multifamily market — recent sales, pricing, and rents for the owners and families weighing their next transition.

The Quarter at a Glance

Merced County · Multifamily 5+ Units

Six dials. Each shows the county figure, its trailing direction, and where it sits against the Central Valley average.

Sales Volume · TTM
$42.5M
+18.2% YoY
Jun '25Jun '26
Central Valley$1.1B
Median Price / Unit
$168K
+6.4% YoY
Jun '25Jun '26
Central Valley$158K
Cap Rate · Txn-Wtd
6.10%
−0.30 pp YoY
Jun '25Jun '26
Central Valley6.05%
Avg Asking Rent
$1,485
+3.2% YoY
per unit · moJun '26
Central Valley$1,520
Vacancy Rate
4.8%
−0.60 pp YoY
Jun '25Jun '26
Central Valley4.5%
Rent Growth · YoY
+3.2%
+0.4 pp vs CV
Jun '25Jun '26
Central Valley+2.8%
Del Real Commercial
Quarterly Market Dispatch · Q2 2026

Merced County Apartments.

A quarterly read of Merced County's multifamily market — recent sales, pricing, and rents for the owners and families weighing their next transition.

DelRealCRE.com Merced, CA Page 01 of 02
Merced County Apartments · Q2 2026
Recent Sales · This Quarter

Notable Transactions

10 Trades · Apr–Jun 2026

Closed and tracked multifamily sales across the county this quarter. Replace each row with the comps you closed or pulled — the table holds its structure regardless of how many are filled.

Property / Submarket Units Sale Price $ / Unit Cap Built Closed
Quarter median · 10 trades 30 $4.9M $165K 6.05% 1992 Q2 '26

What this means for owners

Merced's multifamily market did not surge this quarter. It firmed. Ten tracked trades cleared at a median $168,000 per unit — up 6.4% over the year — while cap rates held near 6.10%, roughly even with the Central Valley average.

The signal worth watching is the rent line: asking rents added 3.2% against 4.8% vacancy, the tightest reading in six quarters. For owners weighing a transition — for tax, estate, or generational reasons — this is a constructive window to begin the conversation.

The numbers describe a market that has found its footing, not one that has run away from itself. We are at your service.

Prepared for clients of Del Real Commercial June 2026 Page 02 of 02
All figures are illustrative placeholders — replace with your CoStar / Crexi / MLS data.