The housing market in 93705 Fresno, CA is thriving. The median value for a house in this area is $298,500, which is lower than the US median value of $338,100. However, the 1 year house appreciation rate for this region is higher than the US average at 10.33%, indicating that the housing market here is strong and growing. This could be an ideal place to invest in real estate as prices are still relatively affordable compared to other areas of California yet have a high potential for growth.
The median home cost in Fresno (zip 93705) is $298,500. Home appreciation the last 10 years has been 149.7%. Home Appreciation in Fresno (zip 93705) is up 16.6%.
Average Age of Homes
- The median age of Fresno (zip 93705) real estate is 53 years old
The Rental Market in Fresno (zip 93705)
- Renters make up 50.5% of the Fresno (zip 93705) population
- 1.3% of houses and apartments in Fresno (zip 93705), 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.