Markets  ›  CA  ›  Fresno

Fresno, CA housing market

Fresno, CA median sale price $406K in Aug 2026, down 1.4% year over year. Also days on market, price cuts, affordability and ZIP-code figures.

The median sale price in Fresno, CA is $406K as of Aug 2026, down 1.4% from a year earlier. The decline is steeper than in most of the 195 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro points the other way: up 2.0% through Q2 2026.

Fresno has the lowest median sale price of the 13 California metros Pecan Street tracks ($406K); Visalia ($411K) is next. On median days on market, Fresno (58 days) ranks 4th of the 13 California metros, between Bakersfield (58 days) and Oxnard / Thousand Oaks (56 days). On share of listings with a price cut, Fresno (35%) ranks 7th of the 13 California metros, between Visalia (36%) and Santa Rosa (33%).

Listings spent a median 58 days on market in Sep 2026. 35% of active listings carry a price cut, about the same share as a year earlier. That share is lower than in most of the 195 metros. Building permits authorized 202 new housing units in Aug 2026.

At the 7.45% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $2,262 a month; at 28% of gross income, that takes about $97K a year. The median sale price equals about 15 years of HUD Fair Market Rent, a ratio down 2.2% from a year earlier. Active listings ask a median $263 per square foot, up 0.4% from a year earlier.

Median list prices are higher than a year earlier in six of the 12 ZIP codes in the table below and lower in six.

Headline

Median sale price

Aug 2026

$406K

-1.4% year-over-year

How it’s calculated

Rolling 3-month median sale price vs. same 3 months one year prior.

Mortgage rate

Oct 6, 2026

7.45%

30-year fixed

Where it comes from

National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.

The same rate appears on every market page.

Monthly payment

Principal & interest

$2,262/mo

$97K/yr income needed

How it’s calculated

Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.

Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.

How Fresno compares to other U.S. metros

Home-price growth↓157th of 195
Price cuts↓125th of 195
Price-to-rent106th of 195
Days on market93rd of 195 (top 48%)

Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.

Affordability

Price-to-rent ratio≈ 15 -2.2% YoY
106th of 195
Asking price / sq ft$263 +0.4% YoY

Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.

Market pressure

Listings with a price cut≈ 35% 0.0 pts YoY
↓125th of 195
New housing units permitted202

Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Aug 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.

Market facts

ZIPs with listing data12 shown of 64
MLS board of record—
Price methodologyRedfin vs FHFA HPI
Data as ofAug 2026

Recent signals

No signals flagged for this market right now.

Recent notable readings

Readings from the latest data that sit at one end of the U.S. metros Pecan Street tracks, from the nightly cross-metro comparison. They are not signal alerts.

Price reconciliation

amber · 3.5pp

Redfin (city)

-1.4%

FHFA HPI · Q2 2026

+2.0%

Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.

Market dispatches

Citable market dispatches for Fresno → Latest dispatch: Jul 24, 2026.

More markets in CA

BakersfieldLos AngelesModestoOxnard / Thousand OaksRiverside / San BernardinoSacramentoSan DiegoSan FranciscoSan JoseSanta RosaStocktonVisalia

Track Fresno, CA with Pecan Street

The signals on this page are a snapshot of what we surface to agents every morning. Free trial, no credit card.

Start free trial

ZIP-level data

ZIPMedian list priceActive listingsNew listingsPrice reductionsDays on marketHome value
93610$446K↑58↑6↓1872↓$390K↑
93611$516K↓70↓44↓32↓42↓$494K↑
93619$602K↑193↑66↑84↓46↑$607K↑
93636$540K↓123↑40↑42↑59↓$523K↑
93644$459K↓70↓18↑18↓79↓$431K↓
93704$410K↓75↑54↑34↑47↓$379K↑
93711$571K↑101↓36↓44↓57↑$513K↑
93720$527K↑98↑42↑48↑51↑$491K↑
93722$416K↓92↑48↑34↑61↑$398K↑
93726$350K↓58↑30↑18↑45↑$331K↓
93727$442K↑139↑68↑42↑51↓$429K↑
93730$715K↑60↑20↑30↓57↑$645K↓

ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.