Central Fresno, Fresno, CA—93701
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Central Fresno, Fresno, CA
As of Nov '25, the median home price in Central Fresno, Fresno, CA is $237,000, with a year-over-year change of -0.9%. This indicates that home prices in Central Fresno, Fresno, CA are flat. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $237,000 | -0.9% |
| Single Family | $237,000 | -1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $209,000 | -3.7% |
3 Bed | $249,000 | -1.6% |
4 Bed | $289,000 | 0.0% |
| 5 Bed | $326,370 | -0.5% |
% of Housing Stock
Rental Trends — Central Fresno, Fresno, CA
As of July '25, Rentcast reports the average rent in Central Fresno, Fresno, CA is $1,340, with a year-over-year rent change of 7.2%. Per bedroom, the median rent as of July '25 in Central Fresno, Fresno, CA is 1-bedrooms: $1,140, 2-bedrooms: $1,280, 3-bedrooms: $1,900, 4-bedrooms: $2,200. The most common rental property sizes in Central Fresno, Fresno, CA are 1-bedroom and studio, accounting for 28.4% and 27.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,220 | $1,340 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,150 | $1,140 |
| 2 Bed Rent | $1,250 | $1,280 |
| 3 Bed Rent | $1,900 | $1,900 |
| 4 Bed Rent | $2,200 | $2,200 |
% of Rental Stock
Property Listings — Central Fresno, Fresno, CA
As of Nov '25, Realtor.com reports that the median days on market for a home in Central Fresno, Fresno, CA is 60. This is a increase of 41.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $315,000 | -9.0% |
Listing Count | 22 | -14.0% |
| Listings as % of Homes | 0.3% | -14.0% |
Days on Market | 60 | 41.0% |
Demographics — Central Fresno, Fresno, CA
As of the latest ACS Survey released in 2023, Central Fresno, Fresno, CA has a population of 10,300, which has remained stable by -0.2% over the past 5 years. Central Fresno, Fresno, CA is a popular place for families, as children make up 27.6% of the population. The area has a poorly educated workforce, with 7.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,300 | -0.2% |
% Under 18 | 27.6% | -21.8% |
% Seniors | 8.2% | 30.2% |
% WFH | 7.9% | 79.5% |
% w/ College Degree | 7.2% | -10.0% |
As of the latest ACS Survey released in 2023, Central Fresno, Fresno, CA is a predominantly hispanic area, with 77.0% of the population identifying as hispanic. The hispanic population has grown by 4.1% in the last 5 years. The second most common race or ethnicity in Central Fresno, Fresno, CA is white, making up 9.7% of the population. Foreign-born residents account for 31.6% of the population in Central Fresno, Fresno, CA, and this percentage has increased by 9.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 9.7% | 7.8% |
% Black | 6.8% | 4.6% |
% Hispanic | 77.0% | 4.1% |
% Asian | 4.3% | -61.3% |
% Foreign Born | 31.6% | 9.7% |
Mortgage and Risk — Central Fresno, Fresno, CA
According to HUD data as of 2023, there were 60 mortgage originations in Central Fresno, Fresno, CA, of which 52.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 53.0% above 90% LTV (very high). This implies large mortgage risk in Central Fresno, Fresno, CA. Investor activity is low, as 8.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 60 |
% Conventional Loans | 52.0% |
% Government Loans | 48.0% |
% Investor Loans | 8.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Rentals and Section 8 — Central Fresno, Fresno, CA
As of 2024, the percent of homes in Central Fresno, Fresno, CA under the Section 8 program is 17.2%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Central Fresno, Fresno, CA, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 531 |
Total Units Section 8 | 531 |
% Rentals under Section 8 | 17.2% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$100 | $1,150 | $1,050 |
| 2 Bedroom | $50 | $1,250 | $1,300 |
| 3 Bedroom | -$70 | $1,900 | $1,830 |
| 4 Bedroom | -$100 | $2,200 | $2,100 |
Affordability — Central Fresno, Fresno, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.8 |
| Median Home Price | $237,000 |
| Median Household Income | $32,200 |