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Central Fresno, Fresno, CA—93701

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$243,000
2.6% YoY Growth
Household Income
$32,200
47.5% YoY Growth
Days on Market
61
14.0% Longer YoY
Home Price Forecast
-0.8%
Median Rent
$1,220
7.2% YoY Growth
1-Bed Rent
$1,150
1.7% YoY Growth
2-Bed Rent
$1,250
14.3% YoY Growth
3-Bed Rent
$1,900
18.8% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Central Fresno, Fresno, CA

As of May '26, the median home price in Central Fresno, Fresno, CA is $243,000, with a year-over-year change of -2.6%. This indicates that home prices in Central Fresno, Fresno, CA are decreasing. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$243,000-2.6%
Single Family $243,000-3.6%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$215,000-4.9%
    3 Bed
    		$254,000-3.4%
    4 Bed
    		$294,000-1.3%
    5 Bed $332,607-2.1%
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    % of Housing Stock

    Studio
    24.9%
    1 Bedroom
    26.6%
    2 Bedrooms
    25.3%
    3 Bedrooms
    17.2%
    4 Bedrooms
    3.4%
    5+ Bedrooms
    2.5%

    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.

    TypeMedian RentAverage Rent
    Average Rent$1,220$1,340
    Studio Rent N/AN/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
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    % of Rental Stock

    Studio
    27.6%
    1 Bedroom
    28.4%
    2 Bedrooms
    24.4%
    3 Bedrooms
    14.1%
    4 Bedrooms
    3.7%
    5+ Bedrooms
    1.8%

    Property Listings — Central Fresno, Fresno, CA

    As of May '26, Realtor.com reports that the median days on market for a home in Central Fresno, Fresno, CA is 61. This is a increase of 14.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$315,000-1.0%
    Listing Count
    		20-27.0%
    Listings as % of Homes0.3%-27.0%
    Days on Market
    		6114.0%
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    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.

    MetricLatest CensusYoY % 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%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax 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

    MetricZip Code Average
    Home Price to Income Ratio7
    Median Home Price$243,000
    Median Household Income$32,200

    Central Fresno, Fresno, CA — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    93721

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    Frequently Asked Questions