Is Fresno County, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Fresno County has remained a Seller's Market.
Key Takeaway
Fresno County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fresno County, CA
How much do homes in Fresno County, CA cost?
Median Sold Price
$405,964
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Fresno County have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in Fresno County was $405,964 in April 2024, up 1.5% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $182.5K | +17.7% |
| 2 Bedrooms | $257K | $265.6K | +3.3% |
| 3 Bedrooms | $379.9K | $385K | +1.3% |
| 4 Bedrooms | $493.6K | $497.8K | +0.8% |
| 5+ Bedrooms | $598.1K | $590K | -1.4% |
Summary: Fresno County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.7%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 1.4%.
Median Sold Price Compared To Nearby Counties
| Kings County | $345K | $358.8K | +4.0% |
| Madera County | $409.9K | $423.6K | +3.3% |
| Fresno County | $399.9K | $405.9K | +1.5% |
| Merced County | $389.5K | $392K | +0.7% |
Housing Supply in Fresno County, CA
How many homes are available in Fresno County, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1,997 | 2,092 | +4.8% |
Summary: The Fresno County real estate market had 2,092 homes for sale in April 2024, a 4.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 22 | 27 | +22.7% |
| 2 Bedrooms | 236 | 233 | -1.3% |
| 3 Bedrooms | 962 | 970 | +0.8% |
| 4 Bedrooms | 540 | 601 | +11.3% |
| 5+ Bedrooms | 237 | 261 | +10.1% |
Summary: The Fresno County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.7%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 10.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 532 | 468 | -12.0% |
Asking Price vs. Sold Price
178 Homes Were Sold
Under Asking
108 Homes Were Sold
At Asking
182 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fresno County, you could pay more than the asking price. 38.9% of homes here sold above asking price last month.
Summary: A total of 468 homes were sold or pending in Fresno County in April 2024, down by 12.0% month-over-month. Of the 468 sold homes, 38% were sold under asking, 23% were sold at asking, and 39% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 35 Days | 31 Days | -11.8% |
Summary: Homes in Fresno County had an average of 31 days on market in Apr 2024, down by 11.8% compared to last year.
Breakdown of Home Sale Times
319 Homes Were Sold
Under 30 Days
107 Homes Were Sold
In 30 - 90 Days
42 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fresno County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 468 homes were sold in Fresno County; 68% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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