Is Reedley, CA 93654 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Reedley is a seller’s market. With about 1.7 months of supply and 30% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score62/ 100

More competitive than 65% of U.S. ZIP codes, and #563 of 1069 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.7Under 4 months = seller’s market
Sold above original list29.6%Share of sales, last 3 months
Median sale-to-list98.3%Sold price ÷ list price
Median days on market36Listing to accepted offer
Median price per sq ft$237▲ +13.3% vs. last year

The Reedley housing market right now

In the three months ending August 31, 2026, 30% of homes in Reedley, CA 93654 sold above their list price, the typical home went under contract in 36 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 28 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (29% then), homes sold faster (58 days then) and the median sale price fell 6% to $389,831. Overall, Reedley is more competitive than a year ago, so tougher for buyers.

Within Fresno County, homes here sell faster than in 79% of the county’s ZIP codes, and sell more often over asking than in 60%. On our competition score, Reedley ranks #563 of 1,069 CA ZIP codes with enough sales (score 62 out of 100).

Nearby, buyers who want less competition could look at Fresno 93721 (0% sold over asking) or Yokuts 93675 (0% sold over asking), while Riverdale 93656 (75% sold over asking) and Mendota 93640 (50% sold over asking) are even more competitive.

Nearby markets

Auberry 93602Balanced $221 /sq ftBig Creek 93605 — /sq ftCantua Creek 93608 $228 /sq ftCaruthers 93609Seller’s market $206 /sq ft Browse all markets →

Where Reedley is

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Questions about Reedley real estate

Is Reedley a buyer’s or seller’s market?

A seller’s market: there were 1.7 months of supply in Reedley, CA 93654 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Reedley?

The typical home went under contract in 36 days in the latest three months.

Do homes in Reedley sell over asking?

30% of homes sold above their original list price, and the typical sale closed at 98.3% of the list price.

What are property taxes in Reedley?

About 1.15% of a home’s value a year in Fresno County, or roughly $4,600 on a $400,000 home.

What is the median home price in Reedley?

The median sale price was $389,831 in the three months ending August 31, 2026, about $237 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology