Home Values

Fresno Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$177,900

  • 7.0% 1-year change
  • 3.9% 1-year forecast

The median home value in Fresno is $177,900. Fresno home values have gone up 7.0% over the past year and Zillow predicts they will rise 3.9% within the next year. The median list price per square foot in Fresno is None. The median rent price in Fresno is $790, which is lower than the Fresno Metro median of $850.

Foreclosures will be a factor impacting home values in the next several years. In Fresno 6.0 homes are foreclosed (per 10,000). This is greater than the Fresno Metro value of 5.4 and also greater than the national value of 3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Fresno is 5.1%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Fresno homeowners underwater on their mortgage is 23.0%, which is higher than Fresno Metro at 22.6%.

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Relative ZHVI
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Fresno Market Overview

Data through Apr 30, 2015
  • $177,900 ZHVI
  • 3.9% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • $200,000 Median sale price
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Fresno Market Health

Data through Apr 30, 2015
  • 5.2/10 Stable
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 23.0% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 5.1% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

6 homes Fresno
5.4 homes Fresno Metro
3.9 homes United States
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Neighborhoods in Fresno

Name Median ZHVI
Woodward Park $286,600
Bullard $221,800
Hoover $160,500
Name Median ZHVI
West $155,300
Mclane $132,500
Fresno High Roeding $124,900
Name Median ZHVI
Roosevelt $123,500
Edison $86,100
Central $80,100

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $124 Median sale price / sq ft
  • No data Listings with price cut
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Fresno Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,200 Fresno
    $1,219 Fresno Metro
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $790 Rent list price
  • $0.82 Rent list price / sq ft
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