The housing market in 93702 Fresno, CA is thriving. The median value of houses there is $232,000. This is significantly lower than the US house median value of $338,100, meaning that this area offers a more affordable option to would-be homeowners. Furthermore, the 1 year house appreciation in Fresno is 10.33%, higher than the appreciation rate nation-wide at 8.27%. This suggests that Fresno's housing market is currently experiencing growth and that now may be a good time to invest in housing there.
The median home cost in Fresno (zip 93702) is $232,000. Home appreciation the last 10 years has been 149.7%. Home Appreciation in Fresno (zip 93702) is up 16.6%.
Average Age of Homes
- The median age of Fresno (zip 93702) real estate is 63 years old
The Rental Market in Fresno (zip 93702)
- Renters make up 60.1% of the Fresno (zip 93702) population
- 1.2% of houses and apartments in Fresno (zip 93702), 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.