Fresno, CA is a great place to buy a house with the median value being higher than the national median value at $359,700. Furthermore, it has experienced an impressive 1 year appreciation of 10.31%, which is higher than the US average of 8.27%. Therefore, investing in housing in Fresno can be a smart financial decision that will bring good returns in the future.
The median home cost in Fresno is $359,700. Home appreciation the last 10 years has been 149.6%. Home Appreciation in Fresno is up 16.6%.
Average Age of Homes
- The median age of Fresno real estate is 39 years old
The Rental Market in Fresno
- Renters make up 48.4% of the Fresno population
- 1.7% of houses and apartments in Fresno, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.