Is Fresno County, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Fresno County has remained a Seller's Market.
Housing Prices in Fresno County, CA
How much do homes in Fresno County, CA cost?
Median Sold Price
$405,141
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Fresno County was $405,141 in March 2024, up 1.3% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $154.7K | $182.5K | +17.9% |
2 Bedrooms | $255.4K | $265.7K | +4.0% |
3 Bedrooms | $379.9K | $384.7K | +1.2% |
4 Bedrooms | $495K | $498.8K | +0.8% |
5+ Bedrooms | $593.9K | $589.9K | -0.7% |
Summary: Fresno County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.9%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 0.7%.
Median Sold Price Compared To Nearby Counties
Kings County | $345K | $357.7K | +3.7% |
Madera County | $409.9K | $420K | +2.4% |
Fresno County | $399.9K | $405.1K | +1.3% |
Merced County | $390K | $391.1K | 0.3% |
Housing Supply in Fresno County, CA
How many homes are available in Fresno County, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1,869 | 2,010 | +7.5% |
Summary: The Fresno County real estate market had 2,010 homes for sale in March 2024, a 7.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 26 | 23 | -11.5% |
2 Bedrooms | 223 | 239 | +7.2% |
3 Bedrooms | 888 | 955 | +7.5% |
4 Bedrooms | 509 | 549 | +7.9% |
5+ Bedrooms | 223 | 244 | +9.4% |
Summary: The Fresno County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.5%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 9.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
430 | 481 | +11.9% |
Asking Price vs. Sold Price
188 Homes Were Sold
Under Asking
111 Homes Were Sold
At Asking
182 Homes Were Sold
Over Asking
Summary: A total of 481 homes were sold or pending in Fresno County in March 2024, up by 11.9% month-over-month. Of the 481 sold homes, 39% were sold under asking, 23% were sold at asking, and 38% were sold over asking.
Days on Market for Fresno County, CA
How long does it take to sell a home in Fresno County, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
37 Days | 32 Days | -13.3% |
Summary: Homes in Fresno County had an average of 32 days on market in Mar 2024, down by 13.3% compared to last year.
Breakdown of Home Sale Times
320 Homes Were Sold
Under 30 Days
106 Homes Were Sold
In 30 - 90 Days
55 Homes Were Sold
Over 90 Days
Summary: During March 2024, 481 homes were sold in Fresno County; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.