Fresno, California started 2024 with a total of 515 single-family homes on the market, with a median home price of $431,490 and an average price per square foot of $276.88. By the end of the year, inventory had increased to 530 homes on the market (+3%), with a median home price of $431,495 (+0%), and an average price per square foot of $272 (-2%).
At the start of 2024, the median days on market (DOM) was 56 days – by the end of the year, median DOM had decreased to 56 days.
Fresno, California started the year with 26.80% of homes taking a price cut. (For reference, 35% is the national average for price reductions in a "normal" year.) By the end of the year, about 40.38% of homes for sale had taken a price cut.
