Is Fresno, CA 93723 a buyer’s or seller’s market?

The Fresno housing market right now

In the three months ending August 31, 2026, 26% of homes in Fresno, CA 93723 sold above their list price, the typical home went under contract in 48 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 39 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold faster (67 days then) and the median sale price rose 8% to $497,285. Overall, Fresno is about as competitive as it was a year ago.

Within Fresno County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell less often over asking than in 55%. On our competition score, Fresno ranks #839 of 1,069 CA ZIP codes with enough sales (score 46 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.