Market report · CA

Fresno, CA

Balanced's market

Fresno's market is in transition: +0.3% YoY, median DOM 19 days. Selective deals only.

DATA · Zillow Research (via scrape.do) · AS OF APRIL 2026

$391k
Typical home value
↑7.5%
+0.3%
YoY change
$1,886
Median rent
↑9.7%
5.78%
Gross yield
19
Median DOM
53/100
MDR score
Detail Value Detail Value
Median list price $425,830 Median sale price $381,498
Sale-to-list ratio 1.000 % sold below list +42.7%
Active inventory 1,263 New listings 416
Trends · 36-month series

How Fresno has moved.

Typical home value $364k → $391k · ↑7.5% (36mo)
$364k $373k $382k $391k May 23Nov 24Apr 26
Median rent (ZORI) $2k → $2k · ↑9.7% (36mo)
$2k $2k $2k $2k May 23Nov 24Apr 26
Median days on market 24d → 19d · ↓21.8% (36mo)
19d 20d 22d 24d Feb 26Mar 26Apr 26
Sale-to-list ratio 1.000 → 1.000 · ↑0.0% (36mo)
1.000 1.333 1.667 2.000 Jan 26Feb 26Mar 26

Fresno sits at a median home value of $391,442 as of the latest Zillow read, essentially flat year-over-year, which historically is the most workable environment for disciplined wholesalers.

The sale-to-list ratio of 1.000 signals a balanced market — neither bid wars nor fire sales dominate. 42.7% of closings land below list, leaving room to negotiate on the right deal but no broad discount across the board.

Rents are workable but not generous. ZORI of $1,886/mo against a $391k median gives a 5.78% gross yield — average for the metro tier, requiring tight underwriting on any hold.

Median days-on-market is running around 19 days against 1,262.667 active listings — that’s a fast-moving market. Speed is the moat; pre-arranged proof of funds and a tight buyers list are the difference between getting under contract and getting outbid.

MDR’s composite investor score for Fresno is 53/100 based on rent yield, sale-to-list discount, motivated-seller proxies, and DOM. Lower tier this quarter. Watch list, not deploy list — re-evaluate next read.

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FAQ

Fresno for investors.

Is Fresno a good market for real estate investors in 2026?

Metro Deal Report's composite investor score for Fresno is 53/100, based on rent yield, sale-to-list ratio, motivated-seller proxies, and days on market. Fresno is a lower-tier market right now. Watch list, not deploy list, until the numbers shift.

What is the median home price in Fresno?

The typical home value in Fresno as of the most recent Zillow read is $391,442. Median list price is $425,830 and median sale price is $381,498. Year-over-year change: +0.3%.

What can a landlord expect to rent a property for in Fresno?

Zillow's Observed Rent Index for Fresno is $1,886/mo. Against the typical home value of $391k, that produces a gross annual rent yield of 5.78% — right at the national baseline, requiring tight underwriting on holds.

Is Fresno a buyer's or seller's market?

Fresno's current sale-to-list ratio is 1.000 with 42.7% of homes closing below list. That's a balanced market — neither side dominates. Median days on market: 19 days. Active inventory: 1,263 listings.

Which investment strategy works best in Fresno?

Fresno's data favors a mixed approach — no single strategy dominates, so selective deal sourcing wins. See the per-strategy breakdowns at /wholesaling/fresno, /brrrr/fresno, and /flipping/fresno.

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