Fresno, CA Home Values & Market Trends
Real estate market trends reflect that there have been 5,673 transactions over the past year in Fresno. The median value for residential home transactions that occurred over the previous year is $370,090.17. The number of current listings in Fresno is 323, and the percentage of properties for sale in the city is 323.00%. Fresno, CA currently has 419 properties in foreclosure, 23 bank owned properties, 46 properties headed for auction, and 323 properties for sale.
Fresno, CA Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 93727 | $ 396,500 $ 242/sqft | 93728 | $ 295,000 $ 215/sqft |
| 93722 | $ 407,875 $ 239/sqft | 93725 | $ 340,000 $ 264/sqft |
| 93720 | $ 540,375 $ 255/sqft | 93710 | $ 404,575 $ 214/sqft |
| 93702 | $ 270,500 $ 223/sqft | 93701 | $ 268,609 $ 247/sqft |
| 93711 | $ 567,900 $ 246/sqft | 93723 | $ 545,000 $ 236/sqft |
| 93704 | $ 389,100 $ 255/sqft | 93737 | $ 432,625 $ 253/sqft |
| 93706 | $ 223,750 $ 236/sqft | 93721 | $ 153,800 $ 161/sqft |
| 93705 | $ 315,582 $ 194/sqft | 93740 | $ -- $ -- |
| 93726 | $ 332,959 $ 263/sqft | 93764 | $ -- $ -- |
| 93703 | $ 311,250 $ 253/sqft | 93650 | $ -- $ -- |
| 93730 | $ 701,125 $ 294/sqft | 93741 | $ -- $ -- |
Housing Market Summary for Fresno, CA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $360.8K | $350.4K | -2.88% |
| Median Sold Price | $363.9K | $350.4K | -3.71% |
| Homes For Sale | 255 | 270 | 5.88% |
| Homes Sold | 3,993 | 4,265 | 6.81% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Fresno, CA
Browse Homes in Fresno, CA
Fresno home values range from $41,175 to $4,484,160. The median estimated value of a home in Fresno is $370,090.17. The median list price of a home is 390,000, and the total count of properties in the city is 140,899.
- Pre-ForeclosurePre-foreclosure homes account for 0.25% of all residential properties in Fresno, CA with 93727 containing 54 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 22 zips within Fresno, CA; of those zips, the estimated home value for pre-foreclosure homes ranges from $896,100 in 93723 to the lowest home value of $192,546 in 93727.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Fresno, CA ranges from the highest value of $757,900 in 93730 to the lowest value of $139,300 in 93704. Bank owned homes and properties account for 0.02% of properties in Fresno, CA. There are 22 zips within Fresno, CA; 93727 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions93722 has 12 auction properties, the highest number of properties going to auction in a single zip in the state of Fresno, CA. Auction homes and other auction properties account for 0.03% of all properties in Fresno, CA. There are 22 zips within Fresno, CA; of those zips, the median estimated home value for homes going to auction ranges from $489,000 in 93723 to the lowest value of $219,600 in 93723.
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Guide for Fresno, CA
In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.
The Fresno real estate market saw steady growth in property values in 2023, despite market ups and downs.
This blog post discusses the dynamic real estate trends in Bakersfield, noting fluctuations in property values, sale prices, and activity levels. It also highlights differences in nearby cities, showcasing diverse market conditions shaped by localized factors and broader economic trends.
Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.
