Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$404,052+1.1% YoY · prices are rising
Market right nowBalanced, leaning sellersMore homes for sale than last year, 18% have cut their price
Income needed to buy, per year$87,590About 1.2× the local median income ($73,817): a stretch for a typical household
Days on market61 daysAbout the same pace as a year ago
Next 12 months+0.9%Zillow expects prices to rise slightly
The typical home in Fresno, CA is worth $404,052, up 1.1% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $379,464, so the area is 6.5% overvalued. It is a balanced market, leaning toward sellers: homes take about 61 days to sell, listings are up 3% from a year ago, 18% of listings have had a price cut. Zillow expects prices to rise about 0.9% over the next year. A household needs about $87,590 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $73,817. Typical rent is $2,052 a month, or $2,406 for a house. In the latest IRS figures, 3,134 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$404,052
Change in 1 year
+1.1%
Overvalued %
+6.5%
Show 7 more
Fair home value
$379,464
Change in 5 years
+17.6%
Zillow forecast, next 12 months
+0.9%
Home value to income
5.5×
Monthly mortgage payment (20% down)
$2,190
Income needed to afford it
$87,590
Property tax rate
0.73%
Rent and investing
Typical rent
$2,052
Typical rent for houses
$2,406
Price-to-rent ratio
16.4×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,654
Gross rental yield
6.09%
Cap rate (estimate)
3.96%
Market activity
Listings vs a year ago
+3.4%
Days on market
61
Listings with a price cut
18.3%
Show 3 more
Homes for sale
2,133
Pending sales per 100 listings
42
Asking price per sq ft
$261
People and jobs
Median household income
$73,817
Population change (1 year)
+0.3%
Unemployment rate
8.9%
Show 4 more
Population
1,203,383
Income adjusted for cost of living
$72,228
Net moves in (IRS)
−3,134
Cost of living (US = 100)
102.2
Schools, risk and environment
School rating (1 to 10)
4.9
FEMA hazard risk score (0 to 100)
98.9
Unhealthy air days a year
30
Show 4 more
Flood risk score
98.0
Wildfire risk score
98.5
Walkability (1 to 20)
10.6
Road, rail and air noise
53 dB
Questions people ask
Is Fresno, CA overvalued?
Home prices in Fresno, CA are slightly above what local incomes have historically supported: fair value is about $379,464, so the area is 6.5% overvalued.
Is Fresno, CA a buyer's or seller's market?
Fresno, CA is a balanced market, leaning toward sellers: homes take about 61 days to sell, listings are up 3% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Fresno, CA?
Home values in Fresno, CA are up 1.1% over the last year. Zillow's forecast for the next 12 months is +0.9%.
How much do you need to earn to buy a home in Fresno, CA?
A household needs about $87,590 a year to afford the typical home in Fresno, CA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $73,817.