Fresno, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Fresno Neighborhoods Since 2000




Fresno, TX Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Fresno Housing Market Information

With a population of 23,584, 5,928 total housing units (homes and apartments), and a median house value of $152,922, Fresno real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Fresno, accounting for 85.32% of the town's housing units. Other types of housing that are prevalent in Fresno include mobile homes or trailers ( 13.67%), row houses and other attached homes ( 1.01%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fresno. Owner-occupied housing accounts for 82.84% of Fresno's homes, and 81.82% have either three or four bedrooms, which is average sized relative to America.

Fresno homes and real estate are some of the newest in America. 66.09% of Fresno's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Fresno real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 31.51%), and between 1940-1969 ( 2.40%).

Fresno Home Appreciation Rates

In the last 10 years, Fresno has experienced some of the highest home appreciation rates of any community in the nation. Fresno real estate appreciated 33.04% over the last ten years, which is an average annual home appreciation rate of 2.90%, putting Fresno in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Fresno definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Fresno's appreciation rate, at 4.14%, has been at or slightly above the national average. In the latest quarter, Fresno's appreciation rate has been -0.09%, which annualizes to a rate of -0.38%.

Relative to Texas, our data show that Fresno's latest annual appreciation rate is lower than 70% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$152,922

Fresno, TX HOME PRICES

Value Range
> $1,195,000 0.0
$897,001 - $1,195,000 0.0
$598,001 - $897,000 0.0
$478,001 - $598,000 0.0
$359,001 - $478,000 1.2
$239,001 - $359,000 8.3
$119,001 - $239,000 64.2
$60,001 - $119,000 16.4
$0 - $60,000 9.8

High for TX
Average for Nation

Value Relative to Nation Value Relative to State
48.7694831829368 32.5875486381323

Number Of Homes And Apartments:
5,928

Fresno Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
63.71% 2.90% 4 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,634 / per month

Homeownership Rate

Homeownership
Owners 82.84
Renters 17.16
Vacant 5.32

Housing Market Details

 

Age of Homes

AGE OF Fresno HOMES
2000 or Newer 66.1
1970 - 1999 31.5
1940 - 1969 2.4
1939 or Older 0.0

Types of Homes

TYPE OF Fresno HOMES
Single-Family 85.3
Townhomes 1.0
Small Apt. Buildings 0.0
Apt. Complexes 0.0
Mobile Homes 13.7
Other 0.0

Home Size

SIZE OF Fresno HOMES
No Bedroom 0.00
1 Bedroom 1.95
2 Bedrooms 7.00
3 Bedrooms 45.42
4 Bedrooms 36.40
5 or more bedrooms 9.23