Miriam Younathan said that she chose to purchase her new home in the Fifth Edition housing subdivision in Turlock because it just made sense for her family. The new Florsheim Homes subdivision was close enough for her daughter to get to class at Stanislaus State, it was within her housing budget — and she loved the layout.
“We really like the homes and it just fit for my family,” she said. “It was a perfect layout. I love the upstairs loft. I can make that a study area for my daughter.”
Fifth Edition is a gated community of 178 homes located off of 5th Street between Linwood Avenue and W. F Street and just north of the Sikh Temple. The neighborhood features one and two-story homes with seven floorplans and up to five bedrooms.
Younathan said that the builders made the process really easy for her, especially being a first-time homebuyer.
Fifth Edition home prices range from $376K for a two bedroom, one bath and go to $456K for a four bedroom, three bath, making it very competitively priced for Turlock as the median home sold price citywide in July 2025 was $475K.
While Fifth Edition is steadily selling their remaining homes, with 110 of 178 already sold, home sales are down for the fourth straight month statewide, according to a new report released by the California Association of Realtors.
July home sales activity dipped 1.0 percent from the 264,400 homes sold in June and was down 4.1 percent from a year ago, when 272,990 homes were sold on an annualized basis. July marked the fourth consecutive month of year-over-year sales declines, pushing the year-to-date sales into negative territory (-0.4 percent) for the first time in six months. It was also the 34th straight month in which the seasonally adjusted sales rate remained below the 300,000 benchmark.
The City of Turlock could help boost the city’s home sales, with recent changes to its first-time homebuyers program. In July, the Turlock City Council boosted its first-time homebuyers assistance program by modifying the program’s interest rate from 3 percent simple interest over 30 years to zero percent interest for the initial 15-years, followed by 2 percent interest over the final 15-year chunk of a loan.
Also, the city increased the maximum loan amount from 4 percent of the purchase price up to $50,000, providing “gap” financing up to $100,000.
Other modifications include shifting the front-end loan ratio — the percentage of a borrower’s gross monthly income that goes to housing costs — from a maximum of 35 percent to a minimum of 35 percent.
