Market Intelligence Report — CA-420

Fresno, CA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-CA-09
As of the latest 2026 data
Stabilizing

Median Listing

$470K
+2.1% YoY

Pending Ratio

0.48
-6.2% YoY

Active Inventory

2,154
+4.3% YoY

Median DOM

58 Days
-1.7% YoY

Primary Intelligence Tool — Sold Score™

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The Fresno market is currently exhibiting stabilizing dynamics, with a pending ratio of 0.48 indicating a more balanced absorption of available inventory. Active listings have seen a modest year-over-year increase of 4.3%, contributing to the current market equilibrium.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

7.3%-0.2 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

1.20M+0.3% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Fresno market right now.

Active listings expanded by 4.3% over the past year, reaching 2,154 units, while new listings experienced a slight year-over-year contraction of 1.4%. The median listing price increased by 2.1% year-over-year, alongside a marginal 0.9% rise in the median price per square foot. The pending ratio currently stands at 0.48, representing a 6.2% decrease from the previous year, suggesting a moderation in demand relative to supply absorption in the most recent period.

Historical Analysis

Market Trends

Median Price

$470K-1.2% MoM

Active Inventory

2,154+4.3% YoY

Days on Market

58-1.7% YoY

Sold Score™

64-6.2% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

64
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio indicating a more neutral demand environment, the pace of transactions is less pressured than in accelerated conditions. Market participants may experience an environment requiring more deliberate price discipline and greater inventory consideration. Negotiating leverage is likely to be more evenly distributed.

Luxury Segment

The average listing price increased by 2.3% year-over-year, slightly outpacing the 2.1% increase in the median listing price. This modest difference does not indicate significant luxury-segment softness in this dataset.

Supply Dynamics

2,154 active listings represent the current floor, with new supply arriving at roughly 824 per month.

Pricing Pressure
19.1%

of active listings carry a price reduction, +2.4% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.9% year-over-year.

Absorption
0.48

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Fresno, CA? Buyer Demand Index is running at 48%.

Fresno, CA is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
48%
Median Days on Market
58 days
Inventory YoY
+4%

Fresno, CA is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Fresno, CA
CBSA Code
23420
State
CA

ZIPs in Fresno, CA

Sorted by active inventory · click a ZIP for its full report