Fresno Housing Market Report – May 2026
Here's a look at how the Fresno, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 459
- Median Sale Price: $405,000
- Average Sale Price: $533,340
- Average Price Per Sq Ft: $1,186
- Average Days on Market: 73
- Sale-to-List Price Ratio: 99.0%
Month-Over-Month Trends
Compared to April, the median sale price in Fresno moved 1.2% up (from $400,000 to $405,000). The number of homes sold was 8.4% down compared to the prior month (501 vs. 459). Average days on market shifted 8.8% down (80 days to 73 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 3.0% down (from $417,500 to $405,000). Sales volume is 5.3% up year-over-year.
What This Means
Fresno's housing market is showing mixed signals as we head into summer. The median price ticked up 1.2% month-over-month to $405,000, but that's actually down 3% year-over-year, suggesting prices have softened compared to spring 2025. The real story here is inventory: we're sitting on nearly 1,800 active listings with a median asking price of $440,300, which is noticeably higher than what homes are actually selling for. This gap indicates sellers may still be pricing optimistically, but buyers aren't biting at those levels.
What's encouraging is the speed of sales. Days on market dropped to 73, down from 80 last month, and homes are selling at 99% of list price on average. This suggests there's still solid buyer demand despite the higher asking prices in inventory. The disconnect between listed prices and actual sale prices is worth monitoring though—it could signal either that new listings are overpriced or that the market is gradually normalizing after appreciation.
Single-family homes dominate activity, making up the bulk of the 459 sales. With interest rates still elevated and affordability pressures in play, Fresno remains relatively attractive for Central Valley buyers, but we're not seeing the urgency that typically characterizes spring markets. It's a balanced, moderate market heading into summer.
Fresno Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 93720 | 52 | $492,500 | $264 | 60 |
| 93722 | 49 | $415,000 | $8,563 | 50 |
| 93727 | 48 | $426,910 | $258 | 120 |
| 93711 | 48 | $544,950 | $264 | 62 |
| 93702 | 29 | $215,000 | $219 | 77 |
| 93725 | 29 | $419,990 | $208 | 102 |
| 93704 | 28 | $374,500 | $243 | 59 |
| 93705 | 26 | $315,000 | $209 | 76 |
| 93710 | 25 | $400,000 | $231 | 74 |
| 93703 | 21 | $290,000 | $214 | 65 |
| 93726 | 21 | $340,000 | $247 | 80 |
| 93730 | 20 | $680,000 | $295 | 78 |
| 93723 | 17 | $463,500 | $256 | 47 |
| 93706 | 15 | $315,000 | $230 | 59 |
| 93728 | 12 | $315,000 | $253 | 67 |
| 93701 | 7 | $290,000 | $178 | 53 |
| 93737 | 5 | $600,000 | $276 | 68 |
| 93650 | 5 | $95,000 | $113 | 54 |
| 93721 | 2 | $622,500 | $191 | 147 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 390 | $405,000 | $1,295 |
| LAND | 23 | $463,500 | N/A |
| CONDOS | 11 | $270,000 | $218 |
| MOBILE | 10 | $92,000 | $81 |
| MULTI_FAMILY | 9 | $555,000 | $172 |
| CONDO | 8 | $308,000 | $216 |
| OTHER | 4 | $7,625,000 | $225 |
| FARM | 3 | $1,500,000 | N/A |
| TOWNHOMES | 1 | $394,000 | $250 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 10 |
| $100K - $199K | 27 |
| $200K - $299K | 57 |
| $300K - $399K | 122 |
| $400K - $499K | 109 |
| $500K - $749K | 101 |
| $750K+ | 33 |
Current Active Listings
As of this report, there are 1,814 active listings in Fresno with a median asking price of $440,300 and an average of 68 days on market.
Thinking About Selling Your Fresno Home?
If you're a homeowner in Fresno considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Fresno and throughout Fresno County — get a no-obligation cash offer today.