The housing market in 93721 Fresno, CA is doing very well when compared to the national average. The current median value of a home in 93721 Fresno, CA is $194,700, which is significantly less than the US median home value of $338,100. Although the difference in values may seem large, this difference is made up for with the local one year house appreciation of 10.33%, which is higher than the United States' 8.27%. This trend should continue for some time and suggests that now is a great time to invest in real estate in 93721 Fresno, CA.
The median home cost in Fresno (zip 93721) is $194,700. Home appreciation the last 10 years has been 149.7%. Home Appreciation in Fresno (zip 93721) is up 16.6%.
Average Age of Homes
- The median age of Fresno (zip 93721) real estate is 41 years old
The Rental Market in Fresno (zip 93721)
- Renters make up 83.1% of the Fresno (zip 93721) population
- 4.2% of houses and apartments in Fresno (zip 93721), 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.