Jason Farris

Fresno, CA 93728

Single-Family Homes

CADRE #01999186



Fresno, CA 93728

Tue May 20 2025
This week the median list price for Fresno, CA 93728 is $344,449 with the market action index hovering around 48. This is less than last month's market action index of 52. Inventory has increased to 22. Click here to stay informed with the Fresno market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Fresno, CA 93728

Tue May 20 2025
This week the median list price for Fresno, CA 93728 is $344,449 with the market action index hovering around 48. This is less than last month's market action index of 52. Inventory has increased to 22. Click here to stay informed with the Fresno market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Fresno market.
Median List Price $344,449
Median Price of New Listings $359,700
Per Square Foot $278
Average Days on Market 62
Median Days on Market 35
Price Decreased 32%
Price Increased 5%
Relisted 9%
Inventory 22
Median Rent
Market Action 48
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$424,900 1,703 8,000 - 10,000 sqft 3 2 97 2 2 14
$354,500 1,284 6,500 - 8,000 sqft 3 2 84 0 0 63
$336,894 1,267 6,500 - 8,000 sqft 3 1 100 1 1 98
$282,499 990 4,500 - 6,500 sqft 2 1.3 102 1 1 31