The housing market in 93701 Fresno, CA is thriving. The median value of all homes in this area is $215,600, which is below the median value for US homes overall ($338,100). Despite this discrepancy in values, 93701 Fresno has seen a 1-year house appreciation rate of 10.33%, higher than the national average of 8.27%. This indicates that the housing market in 93701 Fresno is recovering from prior economic downturns and is growing faster than many other regions across the US.
The median home cost in Fresno (zip 93701) is $215,600. Home appreciation the last 10 years has been 149.7%. Home Appreciation in Fresno (zip 93701) is up 16.6%.
Average Age of Homes
- The median age of Fresno (zip 93701) real estate is 60 years old
The Rental Market in Fresno (zip 93701)
- Renters make up 68.0% of the Fresno (zip 93701) population
- 6.2% of houses and apartments in Fresno (zip 93701), 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.