Fresno Airport Area, Fresno, CA—93722
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fresno Airport Area, Fresno, CA
As of Oct '25, the median home price in Fresno Airport Area, Fresno, CA is $393,000, with a year-over-year change of -0.3%. This indicates that home prices in Fresno Airport Area, Fresno, CA are flat. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $393,000 | -0.3% |
| Single Family | $397,000 | -0.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $257,000 | -1.5% |
3 Bed | $378,000 | 0.0% |
4 Bed | $447,000 | -0.7% |
| 5 Bed | $530,000 | -0.7% |
% of Housing Stock
Rental Trends — Fresno Airport Area, Fresno, CA
As of July '25, Rentcast reports the average rent in Fresno Airport Area, Fresno, CA is $1,690, with a year-over-year rent change of -12.0%. Per bedroom, the median rent as of July '25 in Fresno Airport Area, Fresno, CA is studios: $1,090, 1-bedrooms: $1,280, 2-bedrooms: $1,600, 3-bedrooms: $2,120, 4-bedrooms: $2,700. The most common rental property sizes in Fresno Airport Area, Fresno, CA are 3-bedroom and 2-bedroom, accounting for 38.2% and 29.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,540 | $1,690 |
| Studio Rent | $1,120 | $1,090 |
| 1 Bed Rent | $1,280 | $1,280 |
| 2 Bed Rent | $1,550 | $1,600 |
| 3 Bed Rent | $2,200 | $2,120 |
| 4 Bed Rent | $2,400 | $2,700 |
% of Rental Stock
Property Listings — Fresno Airport Area, Fresno, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Fresno Airport Area, Fresno, CA is 46. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $437,000 | 2.0% |
Listing Count | 144 | -6.0% |
| Listings as % of Homes | 0.4% | -6.0% |
Days on Market | 46 | -1.0% |
Demographics — Fresno Airport Area, Fresno, CA
As of the latest ACS Survey released in 2023, Fresno Airport Area, Fresno, CA has a population of 84,500, which has increased by 1.6% over the past 5 years. Fresno Airport Area, Fresno, CA is a popular place for families, as children make up 28.1% of the population. The area has a poorly educated workforce, with 23.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 84,500 | 1.6% |
% Under 18 | 28.1% | -8.2% |
% Seniors | 10.6% | 17.8% |
% WFH | 12.2% | 154.2% |
% w/ College Degree | 23.2% | 20.8% |
As of the latest ACS Survey released in 2023, Fresno Airport Area, Fresno, CA is a predominantly hispanic area, with 49.8% of the population identifying as hispanic. The hispanic population has grown by 10.9% in the last 5 years. The second most common race or ethnicity in Fresno Airport Area, Fresno, CA is white, making up 21.5% of the population. Foreign-born residents account for 20.0% of the population in Fresno Airport Area, Fresno, CA, and this percentage has decreased by 1.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 21.5% | -12.6% |
% Black | 9.0% | -17.4% |
% Hispanic | 49.8% | 10.9% |
% Asian | 15.2% | -10.6% |
% Foreign Born | 20.0% | -1.0% |
Mortgage and Risk — Fresno Airport Area, Fresno, CA
According to HUD data as of 2023, there were 932 mortgage originations in Fresno Airport Area, Fresno, CA, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Fresno Airport Area, Fresno, CA. Investor activity is low, as 4.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 932 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Fresno Airport Area, Fresno, CA
As of 2024, the percent of homes in Fresno Airport Area, Fresno, CA under the Section 8 program is 12.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Fresno Airport Area, Fresno, CA, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,296 |
Total Units Section 8 | 1,272 |
% Rentals under Section 8 | 12.4% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$20 | $1,280 | $1,260 |
| 2 Bedroom | $10 | $1,550 | $1,560 |
| 3 Bedroom | -$10 | $2,200 | $2,190 |
| 4 Bedroom | $100 | $2,400 | $2,500 |
Affordability — Fresno Airport Area, Fresno, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $393,000 |
| Median Household Income | $77,300 |