Home Value Trail

Los Banos, CA home price history and building permits

Merced CountyMerced, CACalifornia

  • Price trail: Merced County
  • FHFA annual index 1975 to 2025
  • Developmental index
  • Permits through

The annual files of FHFA have no index for a city. The line on this page is the index of Merced County, the county of Los Banos. The FHFA annual house price index for Merced County increased by 104.7% from 2015 to 2025. Building permits in Los Banos authorized 151 housing units in the 12 months to August 2026.

2015

The annual files of FHFA have no index for a city. These figures are for the index of Merced County, the county of Los Banos.

+104.7%

From 2015 to 2025, the FHFA annual all-transactions index for Merced County increased by 104.7%.

From 2015 to 2025, the average change in each year is +7.4%, compounded.

Same span at each level: 2015 to 2025
AreaChangeBar
Merced County+104.7%
Merced, CA+104.7%
California+80.3%
United States+85.0%
Merced County FHFA annual all-transactions index, 100 in 1975
  • Merced County
  • United States, set to the same start
  • Recession (NBER dates)
  • Your span

This is the price trail of Merced County, not of Los Banos. The annual files of FHFA have no index for a city.

Index values for each year
FHFA annual all-transactions index for Merced County, 1975 to 2025
YearIndexChange from the year before
20251,308.77+0.8%
20241,298.49+6.3%
20231,221.51−0.2%
20221,223.38+16.2%
20211,052.75+17.2%
2020898.38+3.4%
2019868.89+5.1%
2018827.06+8.7%
2017760.70+9.4%
2016695.24+8.8%
2015639.23+7.7%
2014593.54+22.7%
2013483.56+16.3%
2012415.64+3.7%
2011400.73−4.5%
2010419.40−0.2%
2009420.39−27.6%
2008580.35−40.4%
2007973.74−13.2%
20061,122.01+10.3%
20051,017.13+32.9%
2004765.53+20.9%
2003633.24+11.1%
2002570.20+10.4%
2001516.30+17.5%
2000439.49+14.6%
1999383.52+2.6%
1998373.67+3.1%
1997362.50+1.3%
1996357.69+0.8%
1995354.74−2.8%
1994365.02−1.1%
1993369.01−2.5%
1992378.40−0.8%
1991381.56+4.2%
1990366.02+16.6%
1989313.82+13.4%
1988276.67+6.3%
1987260.34+1.9%
1986255.45+4.7%
1985244.05+2.8%
1984237.31−0.6%
1983238.64+4.3%
1982228.82+0.3%
1981228.20+7.9%
1980211.57+15.6%
1979183.00+11.4%
1978164.25+20.5%
1977136.28+14.2%
1976119.32+19.3%
1975100.00n/a

Each figure is the change of the FHFA annual all-transactions index, from the year that you pick to 2025. It is a change for the area. It is not the change in the value of your home, and it does not use the price that you paid.

The average for each year is a compounded annual change. The guide to values explains more.

When using the FHFA House Price Calculator, please note that it does not project the actual value of any particular house.

FHFA, about its own House Price Calculator: Federal Housing Finance Agency, House Price Index Datasets, HPI Calculator, copied on . The calculator of FHFA uses quarterly figures. For the states and the 100 largest metro areas it uses the purchase-only index. Its figures can differ from the figures here.

Since the last FHFA release

No recorded FHFA release changed a figure of Merced County. The record of releases starts with the next FHFA release. FHFA releases recorded by this site

Same span, every level

Change in the FHFA annual index to 2025: Merced County and the areas above it
Area1 year2024 to 20255 years2020 to 202510 years2015 to 202520 years2005 to 2025Since 20002000 to 2025Each yearaverage of 10 years
Merced County+0.8%+45.7%+104.7%+28.7%+197.8%+7.4%
Merced, CA+0.8%+45.7%+104.7%+28.7%+197.8%+7.4%
California+0.8%+39.8%+80.3%+56.4%+224.1%+6.1%
United States+2.8%+47.0%+85.0%+79.1%+158.3%+6.3%

The annual files of FHFA have no index for Los Banos. The first row is the index of Merced County.

Building permits in Los Banos

In the 12 months to August 2026, building permits in Los Banos authorized 151 housing units. That is 3.0 units for each 1,000 residents. In the 12 months before, permits authorized 107 units.

Housing units authorized by month, latest 24 months
  • Units in buildings with 1 unit
  • Units in buildings with 2 or more units
Units for each month
Housing units authorized by building permits in Los Banos, by month
MonthAll units1 unit2 or more units
Aug 202613130
Jul 202615150
Jun 202619190
May 202615150
Apr 202619190
Mar 202612120
Feb 202610100
Jan 2026990
Dec 202510100
Nov 2025880
Oct 202510100
Sep 202511110
Aug 202510100
Jul 202510100
Jun 202510100
May 202511110
Apr 202512120
Mar 2025880
Feb 2025880
Jan 2025770
Dec 2024770
Nov 2024770
Oct 2024990
Sep 2024880
Housing units authorized in the 12 months to August 2026, by size of building
FigureLos BanosMerced CountyCaliforniaUnited States
All units151541111,5381,418,086
In buildings with 1 unit151 (100%)541 (100%)55,792 (50%)888,241 (63%)
In buildings with 2 units004,17234,814
In buildings with 3 or 4 units001,19317,298
In buildings with 5 or more units0 (0%)0 (0%)50,381 (45%)477,733 (34%)
Units for each 1,000 residents3.01.82.84.1
Change from the 12 months before+41.1%−3.4%+13.8%−0.1%
Housing units authorized by year, 1995 to 2025
  • Units in buildings with 1 unit
  • Units in buildings with 2 or more units
Units for each year
Housing units authorized by building permits in Los Banos, by year
YearAll units1 unit2 or more units
20251831830
20241401400
202394913
202294940
20211141140
20201041040
201995950
20182842840
20172702700
2016438329109
201543394
201436324
201317170
2012000
2011000
2010550
200919145
200820499105
20071191190
200638136714
20056906900
20046676670
20035095090
20023493490
20012342340
20005375370
19994104100
19983693690
19972812810
19961611610
19951731712

A permit authorizes construction. It does not show that the work started or that it is complete. For a place that does not report each month, the Census Bureau imputes the monthly figures.

Agency pages

  • Building Permits SurveyUS Census BureauThe survey of housing units that building permits authorize.
  • FHFA House Price IndexFederal Housing Finance AgencyThe index page of FHFA: data, tools and the release dates.
  • FHFA HPI CalculatorFederal Housing Finance AgencyThe calculator of FHFA. It works by quarter, for a state or a metro area.

Each link loaded on .

Cite this page

Home Value Trail. Los Banos, CA home price history and building permits. https://homevaluetrail.com/city/ca/los-banos/. Source: US Census Bureau, Building Permits Survey; Federal Housing Finance Agency, annual house price index for Merced County. FHFA release of .

Where the figures come from

Building permits
US Census Bureau, Building Permits Survey, place files through August 2026, permit office 246000. County, state and national figures from the county and state files.
Price trail
FHFA annual house price index for Merced County, 1975 to 2025. Release of March 31, 2026.
County of the place
The county code of the Building Permits Survey row, and the Census Bureau 2020 place by county file.
Residents
US Census Bureau, population estimates for 2025.

All files are works of the US government, in the public domain. To report an error, see Corrections.

Questions

What kinds of buildings have permits in Los Banos?
In the 12 months to August 2026, 151 units are in buildings with one unit. 0 units are in buildings with two to four units. 0 units are in buildings with five or more units.
How does the count compare with the 12 months before?
Permits authorized 107 housing units in the 12 months before. Permits authorized 151 housing units in the 12 months to August 2026. The count increased by 41.1% between the two periods.
How many units is that for each 1,000 residents?
Los Banos has 3.0 units for each 1,000 residents. Merced County has 1.8 units for each 1,000 residents. California has 2.8 units for each 1,000 residents.
How many units have permits from 1995?
Permits in Los Banos authorized 7,020 housing units from 1995 to 2025. The year with the most units is 2005, with 690.