The Fresno, CA Metro Area has a median housing value of $350,200, which is slightly higher than the national median value of $338,100. Over the past year house appreciation in Fresno has been 5.83%, lower than the national rate of 8.27%. This indicates that housing in this area is relatively stable and provides a more reliable investment for those looking to buy a home in this area.
The median home cost in Fresno Metro Area is $350,200. Home appreciation the last 10 years has been 146.7%. Home Appreciation in Fresno Metro Area is up 16.3%.
Average Age of Homes
- The median age of Fresno Metro Area real estate is 38 years old
The Rental Market in Fresno Metro Area
- Renters make up 42.8% of the Fresno Metro Area population
- 1.4% of houses and apartments in Fresno Metro Area, 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.