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Fresno real estate market overview

  • Average Monthly Rent: $1,507
  • Home Price/Value Percentage Change: 1.80%
  • Median Home Value: $357,908
  • Best Time To Sell a Home: December
  • Affordability Index: Moderate
  • Days To Sell a House: 47
  • Job Market: Weak
  • Public School Ranking: 40

Location and weather

Fresno is in the center of California, 220 miles north of Los Angeles and 170 miles south of the state capitol, Sacramento. Yosemite National Park is about 60 miles to the north, Kings Canyon National Park is 60 miles to the east, and Sequoia National Park is 75 miles to the southeast. Fresno has many outdoor attractions including zoos, parks and gardens. These include the Fresno Chaffee Zoo, Shizen Japanese Garden, and the Woodward Regional Park. The Island Waterpark, Fresno Art Museum, Meux Home Museum and St. John's Cathedral of Fresno are also popular attractions.

In Fresno, the summers are warm, arid, and clear, while the winters are cold, wet, and partly cloudy. The summer temperatures are in the 90's, with lows in the upper-60's. The winter temperatures are in the 60's, with lows in the 30's.

Sell my house fast in Fresno, California

Population, job market and cost of living

Fresno's population in 2023 is 556,339, with a growth rate of 0.86%.

The job growth has decreased by -5.28% over the last year and in ten years, is predicted to have increased by 32.88%. The major industries are in healthcare, social assistance, agriculture, forestry, fishing, hunting, educational services and retail trade. The largest employers are San Joaquin Valley Rehabilitation, InfraRoad Trading & Contracting, Geo Reentry Inc, California State University, Fresno and State Center Community College.

The cost of living is moderate, due to the Fresno real estate market and price of available housing. With a location central to the famous Sequoia and Kings Canyon National Parks, a variety of museums for cultural activities, good job growth and a moderate cost of living, Fresno will continue to attract those that want to live or work in central California.

Fresno real estate market details

  • Van Ness Extension
  • Woodrow Park
  • Sunnyside
  • Fig Garden Loop
  • Tower District

The average monthly rent in Fresno is $1,507 for an average apartment size of 902 sq. feet.

There has been a 1.8% increase in median home value over the last year. As of 2023, the median home value is $357,908.

On average, homes in Fresno sell after 47 days on the market.

The best time to sell a home for the highest valued sale is during December. For the quickest sale, homeowners should sell in September.

The affordability index in Fresno is 103. This number indicates moderate affordability in this city.

The top ranked public schools are University High School, Hume Lake Charter, Clay Elementary School, Reedley Middle CollegeHigh School and Central Online Home. This information is based on data measuring academic performance and equity.

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