Investor-grade market analytics for Fresno, California. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$400,897
+0.2% year-over-year
5.5%
gross annual
-6.1%
base case (Zillow ZHVF)
-6.1% year-over-year
Migration: Top 96% nationally
In-migrants avg $57,614 AGI vs out-migrants $60,327
Opportunity Zone Market
29 ZIP codes in Fresno are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Fresno, CA is in a stabilization phase with 0.2% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability is moderately stretched with a price-to-income ratio of 5.58x, above the national average of 4.8x. Net negative migration (-1,045 returns/year) is reducing housing demand pressure. Climate risk is elevated (70/100), which may impact insurance costs and long-term property values. Rental yield of 5.51% is moderate, offering acceptable cash flow for leveraged investments.
12-month projection (Zillow ZHVF model)
Fresno, CA's primary climate exposure is flooding (70/100). The composite climate risk score of 70/100 (High) indicates overall risk which may increase insurance premiums and impact property values over time. Buyers should consider climate-related insurance costs and potential future regulatory changes.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.