Is Fresno County, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$406,580
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Fresno County was $406,580 in June 2024, up 1.8% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $170K | $171K | +0.6% |
2 Bedrooms | $259.9K | $264.9K | +1.9% |
3 Bedrooms | $379.8K | $385K | +1.4% |
4 Bedrooms | $489.8K | $500.7K | +2.2% |
5+ Bedrooms | $588.9K | $605.8K | +2.9% |
Summary: Fresno County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.6%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 2.9%.
Median Sold Price Compared To Nearby Counties
Madera County | $409.9K | $424.9K | +3.7% |
Kings County | $349.9K | $358.9K | +2.6% |
Merced County | $386.5K | $395K | +2.2% |
Fresno County | $399.2K | $406.5K | +1.8% |
Housing Supply in Fresno County, CA
How many homes are available in Fresno County, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
2,300 | 2,327 | +1.2% |
Summary: The Fresno County real estate market had 2,327 homes for sale in June 2024, a 1.2% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 29 | 27 | -6.9% |
2 Bedrooms | 260 | 263 | +1.2% |
3 Bedrooms | 1,081 | 1,088 | +0.6% |
4 Bedrooms | 678 | 644 | -5.0% |
5+ Bedrooms | 252 | 305 | +21.0% |
Summary: The Fresno County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.9%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 21%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
586 | 531 | -9.4% |
Asking Price vs. Sold Price
203 Homes Were Sold
Under Asking
141 Homes Were Sold
At Asking
186 Homes Were Sold
Over Asking
Summary: A total of 531 homes were sold or pending in Fresno County in June 2024, down by 9.4% month-over-month. Of the 530 sold homes, 38% were sold under asking, 27% were sold at asking, and 35% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
24 Days | 27 Days | +14.1% |
Summary: Homes in Fresno County had an average of 27 days on market in Jun 2024, up by 14.1% compared to last year.
Breakdown of Home Sale Times
387 Homes Were Sold
Under 30 Days
115 Homes Were Sold
In 30 - 90 Days
29 Homes Were Sold
Over 90 Days
Summary: During June 2024, 531 homes were sold in Fresno County; 73% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.