Fresno, CA Housing Market
Median List Price
$475,000
Updated August 2026
Today, Fresno has 95 homes for sale at a median list price of $475,000, typically selling in about 44 days.
Fresno Market Analysis
The median list price in Fresno, CA is $475,000. Current inventory stands at 95 active listings. 27 new listings came on the market in the last 30 days.
Expect a median around $261,000 for two bedroom homes and $704,500 at the five bedroom end. Single family homes lead the mix at 93.7%. February to July saw the median price go from $344,000 to $440,000, up about 27.9%. On a per square foot basis, the median runs $253.
Homes here typically go under contract in about 13 days. That is a quick turnaround, so buyers who wait on a well priced home often miss it. Fresno, CA covers 13 ZIP codes, among them 93720, 93727, and 93711.
Fresno Rental Market
The median asking rent in Fresno, CA is $4,195. Current inventory stands at 3 active rental listings.
Fresno Market Pulse
Topfind Market Read
The picture is mixed here. Sale prices are up 16% over the last six months and 3% over the past year, yet 42% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$475K
↑ 3% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
4.1 months of supply
Balanced Supply95 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~44 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. Homes are moving 20% faster than six months ago.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 59% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Fresno
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
50%
Homeowners
50%
Renters
Homeownership is 5.5 points lower than the California average (55.5%)
179,684 households (2023)
Affordability Snapshot
Typical home cost
$3,302/mo
Actual housing expense
Affordable budget (28%)
$1,559/mo
Based on median income
Median household income
$5,567/mo
Fresno
A typical home costs about 59% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$142K/year
Assumes housing costs ≤28% of income
View cost breakdown
20% down, 7% rate, 30-yr fixed. CA averages for tax/insurance.
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $84K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$271K)
Price Reductions
40 listings have reduced their price
42% of active listings
Average reduction: 5.1% (~$24K)
Browse Fresno Listings
Frequently Asked Questions about the Fresno, CA Housing Market
What is the median home price in Fresno, CA?
The median list price in Fresno is $475,000 as of August 2026, based on 95 active listings.
Is Fresno a buyer's market or a seller's market?
Fresno currently reads as a balanced market. Active inventory works out to about 4.1 months of supply at the recent sales pace.
How fast do homes sell in Fresno?
Homes that closed in the last 90 days typically went under contract in about 13 days. The average home currently for sale has been on the market for 44 days.
Are home prices in Fresno going up or down?
The median sale price in Fresno is up about 3.2% compared with a year ago.
How many homes are for sale in Fresno, CA?
There are 95 homes for sale in Fresno right now, including 10 listed within the last week.
What is the median rent in Fresno?
The median asking rent in Fresno is $4,195 per month, across 3 active rental listings.