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Is Fresno, CA 93721 a buyer’s or seller’s market?

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

Fresno is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply12.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96%Sold price ÷ list price
Median days on market336Listing to accepted offer
Median price per sq ft$157▼ −33.5% vs. last year

The Fresno housing market right now

In the three months ending August 31, 2026, 0% of homes in Fresno, CA 93721 sold above their list price, the typical home went under contract in 336 days and there were 12.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 17%, homes sold more slowly (78 days then) and the median sale price rose 53% to $264,885. Overall, Fresno is less competitive than a year ago, which gives buyers more room.

Within Fresno County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Riverdale 93656 (75% sold over asking) and Mendota 93640 (50% sold over asking) are even more competitive.

Run the numbers for 93721

Prefilled for 93721Can I win this house?Multiple-offer likelihood for a listing Prefilled for 93721Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

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 →

Towns like Fresno nearby

Find towns like Fresno in other states →
Fresno, CA93701 · 1 miles away73% similar5 min longer commute · more single-family homes Fresno, CA93650 · 7 miles away33% similarpricier homes ($44K more) · smaller Fresno, CA93726 · 4 miles away29% similarpricier homes ($51K more) · larger Fresno, CA93703 · 3 miles away26% similarpricier homes ($33K more) · larger

Where Fresno is

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Questions about Fresno real estate

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

A buyer’s market: there were 12.8 months of supply in Fresno, CA 93721 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 Fresno?

The typical home went under contract in 336 days in the latest three months.

Do homes in Fresno sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.0% of the list price.

What are property taxes in Fresno?

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 Fresno?

The median sale price was $264,885 in the three months ending August 31, 2026, about $157 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