There are currently 144,000 real estate properties in Fresno, CA, with a median automated valuation model (AVM) price of $336,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fresno, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Fresno, CA, is $378,237.00, with the most expensive house in Fresno, CA, topping out at $70,102,800.00 and the cheapest home in Fresno, CA, clocking in at $44,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Fresno, CA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fresno, CA, is on a rollercoaster ride. The average rent price in Fresno, CA, is $1,383.00. Indeed, when looking to rent in Fresno, CA, you can expect to pay as little as $570.00 or as much as $4,340.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Fresno, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Fresno, CA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Fresno, CA and much more. Save thousands at closing with home foreclosure listings in Fresno, CA — up to 75% off market value!
Fresno is located in Fresno, California, with an estimated municipal population of 531,576 residents. All of the best foreclosed homes for sale in Fresno are located in the following zip code areas on Foreclosure.com: 93730 93650 93702 93703 93701 93706 93704 93705 93728 93720 93721 93722 93726 93727 93711 93710 93707 93708 93709 93714 93715 93716 93717 93718 93724 93729 93740 93744 93745 93750 93755 93760 93761 93764 93765 93771 93772 93774 93775 93776 93777 93778 93779 93790 93791 93792 93793 93794 93844. The estimated population per square kilometer (.62 miles) in Fresno is 1,789.
So, about how much do homes cost in Fresno? The most recent median value of resident-owned homes in Fresno is 240,129. An estimated 46.7 percent of households in Fresno own their homes, with an average family size of 3.68. The median household income in Fresno is 50,432, with21.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Fresno, the median commute time of resident workers (in minutes) is 22.2. And last, but certainly not least, are you looking for homes to rent in Fresno? If so, the average rent price paid by renters in Fresno is 1,005, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Fresno, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Fresno is 31, split between 49.1 percent male versus 50.9 female. The percentage of residents who report being married in Fresno is 39.5, with an average family size of 3.68.
The percentage of residents who report their race in Fresno is as follows:
|Black / African American||7.4%|
|American Indian / Alaskan Native||1.2%|
|Native Hawaiian / Other Pacifc Islander||0.1%|
Looking for family-friendly neighborhoods in and/or near Fresno? Or maybe you are searching for 55+ active adult communities in and/or near Fresno?
The percentage of residents who report their age in Fresno is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Fresno with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Fresno.
How do you know that living in -- or moving to -- Fresno is right where you need to be? Perhaps you grew up in Fresno or already live nearby; therefore, the decision to buy a home in Fresno is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Fresno for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Fresno:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Fresno.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Fresno can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Fresno, meanwhile, can field multiple offers from more qualified buyers.
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