Are Fresno home prices dropping?

Fresno Housing Market Trends In June 2024, Fresno home prices were up 4.6% compared to last year , selling for a median price of $388K. On average, homes in Fresno sell after 14 days on the market compared to 12 days last year. There were 324 homes sold in June this year, down from 338 last year.

Is Fresno a sellers market?

Fresno is a Sellers Housing Market , which means prices tend to be higher and homes sell faster.

Is Fresno an expensive place to live?

The cost of living in Fresno, CA is 21% lower than the state average and 9% higher than the national average . Fresno, CA housing is 5% more expensive than the U.S average, while utilities are about 28% pricier.

Is Fresno a good investment?

Fresno is one of California's more affordable markets with high long-term and short-term rental demand . According to Realtor, the median listing price in Fresno is $238 per square foot with a median sale price of $380,000. Zillow's Home Value Index reports an 18.8% change since last year.

Is it a good time to buy a house in Fresno, CA?

The current state of the Fresno housing market is marked by strong demand and limited inventory, driving prices upward and reducing the time homes spend on the market. Homes in Fresno are selling 24 days faster on average compared to last year, with an average of 26 days on the market.

What is the housing market forecast for 2024 in Fresno CA?

By June 30, 2024, the forecast indicates a potential increase of 5.4% in home values compared to the base date of June 30, 2023 . If this prediction holds true, it could indicate a shift towards a more robust and competitive housing market, potentially offering new opportunities for both buyers and sellers.

What is the good side of Fresno?

The North Growth Area is arguably the best place to live in Fresno, CA. This beautiful neighborhood is popular among retirees who are looking for a laid-back style of living. The North Growth Area is situated along the beautiful San Joaquin River and contains the Dragonfly Golf Club and the Copper River Country Club.

Why is Fresno so popular?

Fresno's identity is deeply intertwined with its farming roots, particularly in grape cultivation, leading to its recognition as the "Raisin Capital of the World." Major crops in the area also include almonds, cotton, peaches, and nectarines.

What are some cons for Fresno State?

A con is it can be difficult to get the classes you need at the times you want . Online classes are sparsely offered and usually fill up fast. Lots of food on campus and at campus point. You also get a free FAX bus pass with your student ID card.

Is moving to Fresno CA a good idea?

The city offers affordable living, a diverse culture, and a central location in California, making it an attractive option for many people . However, residents also need to consider factors like air quality and job opportunities before deciding to make Fresno their home.

Will house prices in California drop?

Experts suggest there may be some moderation in price growth, but it is unlikely that we will see broad declines in the California real estate market . Compared with previous cycles, 2024 shows similar trends around tight inventory and high demand.

Is Fresno up and coming?

Fresno is the place to buy if you're looking for your next California investment property . The increase in real estate values isn't a flash in the pan, either. Fresno real estate has appreciated nearly 127% over the past 10 years. That's an average annual rate of 9%.

Will Sacramento home prices drop?

Sacramento Housing Market Forecast While the median house price went down by 7.5% in May 2023 compared to last year, experts forecast that prices will increase , given the competitiveness of the market. A big reason for Sacramento's popularity is because it remains cheaper than neighbors like San Francisco and San Jose.

Fresno CA Real Estate - Fresno CA Homes For Sale

883 results

5958 W Fallon Ave, Fresno, CA 93722
$395,000
3 bds
2 ba
1,460 sqft

- House for sale
4 days on Zillow
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1523 W Robinwood Ln, Fresno, CA 93711
$585,000
4 bds
3 ba
2,424 sqft

- House for sale
3 days on Zillow
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2780 S Valentine Ave, Fresno, CA 93706
$340,000
3 bds
2 ba
1,348 sqft

- House for sale
9 days on Zillow
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Recently Sold Homes - 350868 Transactions | Zillow
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3027 E Sample Ave, Fresno, CA 93710
$429,000
4 bds
2 ba
1,671 sqft

- House for sale
5 days on Zillow
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1440 W Sussex Way, Fresno, CA 93705
$275,000
4 bds
1 ba
1,698 sqft

- House for sale
2 days on Zillow
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470 W Mesa Ave, Fresno, CA 93704
$560,000
4 bds
3 ba
2,462 sqft

- House for sale
2 days on Zillow
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1407 S De Wolf Ave, Fresno, CA 93737
$725,000
3 bds
2 ba
2,742 sqft

- House for sale
4 days on Zillow
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5579 N Fruit Ave, Fresno, CA 93711
$490,000
3 bds
2 ba
1,704 sqft

- House for sale
Price cut: $5,000 (Aug 01)
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6329 N State St, Fresno, CA 93722
$425,000
3 bds
2 ba
1,598 sqft

- House for sale
2 days on Zillow
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For Sale
California
Fresno County
Fresno

Fresno Market Overview

$386,069.2 Average Home Values

5.88% 1-year value change

1.0 Median sale to list ratio

37.93% Percent of sales under list price

Fresno Home Values

Is Fresno a Buyer's Or Seller's Market?

Seller: Potential buyers outnumber sellers. Multiple offers and waived contingencies are still common but tend to happen on the most desirable or well-priced homes. Price growth is solid, but not rapid.

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Fresno County CA Zip Codes

Explore Nearby & Average Home Values

Fresno Homes for Sale$386,069
Clovis Homes for Sale$515,406
Madera Homes for Sale$407,611
Sanger Homes for Sale$400,155
Reedley Homes for Sale$370,182
Selma Homes for Sale$349,678
Kerman Homes for Sale$400,032
Kingsburg Homes for Sale$448,902
Parlier Homes for Sale$304,309
Riverdale Homes for Sale$324,630
Fowler Homes for Sale$444,525
Caruthers Homes for Sale$363,524
San Joaquin Homes for Sale$278,522
Del Rey Homes for Sale$359,890
Laton Homes for Sale$363,526
Friant Homes for Sale$630,925
Tranquillity Homes for Sale$290,486
Helm Homes for Sale-
Raisin City Homes for Sale-
Biola Homes for Sale-

Roosevelt Homes for Sale$334,399
Bullard Homes for Sale$432,713
Mclane Homes for Sale$355,623
West Homes for Sale$400,174
Woodward Park Homes for Sale$518,451
Hoover Homes for Sale$364,876
Fresno High Roeding Homes for Sale$312,617
Edison Homes for Sale$245,758
Central Homes for Sale$239,141
Southeast Growth Area Homes for Sale$685,743
Pheasant Ridge Homes for Sale$622,279
South Growth Area Homes for Sale-
Easton Homes for Sale$353,507
Calwa Homes for Sale$282,948
Goshen Homes for Sale$268,468
Bowles Homes for Sale-
Madera Ranchos Homes for Sale-
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Millerton Homes for Sale-
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93722 Homes for Sale$398,401
93727 Homes for Sale$421,550
93702 Homes for Sale$256,838
93726 Homes for Sale$329,366
93706 Homes for Sale$269,893
93711 Homes for Sale$511,748
93705 Homes for Sale$316,162
93710 Homes for Sale$402,047
93703 Homes for Sale$303,399
93725 Homes for Sale$343,168
93704 Homes for Sale$382,407
93728 Homes for Sale$304,430
93723 Homes for Sale$524,238
93721 Homes for Sale$207,550
93701 Homes for Sale$243,155
93650 Homes for Sale$283,031
93740 Homes for Sale-
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93741 Homes for Sale-
93764 Homes for Sale-

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Fresno Apartments for Rent
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Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. It is designed to be a starting point to help parents make baseline comparisons, not the only factor in selecting the right school for your family. Learn more

Fresno CA Real Estate - Fresno CA Homes For Sale | Zillow (2024)

Fresno Market Overview

Is Fresno a Buyer's Or Seller's Market?

Find a Home You'll Love

Explore Nearby & Average Home Values

FAQs

Are Fresno home prices dropping? ›

Will house prices in California drop? ›

References