$3,859 Closing Credit*
$325,000
1,664 SqFt
3 Beds
•2 Baths
Kimberly McElhannon, Listing Office: Buy It! Real Estate
Is Fresno County, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Fresno County has remained a Seller's Market.
Key Takeaway
Fresno County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fresno County, CA
How much do homes in Fresno County, CA cost?
Median Sold Price
$414,693
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,694(+3.7%)
Key Takeaway
Homes in Fresno County have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Fresno County was $414,693 in November 2024, up 3.7% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170.5K | $180K | +5.6% |
| 2 Bedrooms | $265K | $272.2K | +2.7% |
| 3 Bedrooms | $379.9K | $390K | +2.6% |
| 4 Bedrooms | $489.9K | $507.1K | +3.5% |
| 5+ Bedrooms | $581.3K | $615K | +5.8% |
Summary: Fresno County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.6%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 5.8%.
Median Sold Price Compared To Nearby Counties
| Merced County | $385.1K | $410K | +6.5% |
| Fresno County | $399.9K | $414.6K | +3.7% |
| Madera County | $414.9K | $425K | +2.4% |
| Kings County | $357.6K | $355K | -0.7% |
Housing Supply in Fresno County, CA
How many homes are available in Fresno County, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2,331 | 2,216 | -4.9% |
Summary: The Fresno County real estate market had 2,216 homes for sale in November 2024, a 4.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 25 | 29 | +16.0% |
| 2 Bedrooms | 263 | 262 | -0.4% |
| 3 Bedrooms | 1,113 | 1,047 | -5.9% |
| 4 Bedrooms | 670 | 629 | -6.1% |
| 5+ Bedrooms | 260 | 249 | -4.2% |
Summary: The Fresno County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes decreased by 4.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 540 | 450 | -16.7% |
Asking Price vs. Sold Price
202 Homes Were Sold
Under Asking
110 Homes Were Sold
At Asking
138 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fresno County, you may be able to get a good deal. 44.9% of homes here sold below asking price last month.
Summary: A total of 450 homes were sold or pending in Fresno County in November 2024, down by 16.7% month-over-month. Of the 450 sold homes, 45% were sold under asking, 24% were sold at asking, and 31% were sold over asking.
Days on Market for Fresno County, CA
How long does it take to sell a home in Fresno County, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 33 Days | +35.5% |
Summary: Homes in Fresno County had an average of 33 days on market in Nov 2024, up by 35.5% compared to last year.
Breakdown of Home Sale Times
281 Homes Were Sold
Under 30 Days
132 Homes Were Sold
In 30 - 90 Days
37 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fresno County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 450 homes were sold in Fresno County; 62% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.