The story of this market
The typical home in ZIP 93642 sells for about $408,000, or $249 per square foot.
Prices are down 1.8% from a year ago, which gives buyers more room to negotiate. Homes take about 47 days to sell. HUD's fair market rent for a two-bedroom is $1,650 a month.
ZIP 93642 — Mono Hot Springs
The Fresno housing market is currently experiencing a period of price stabilization with a median sale price of approximately $408,000. Market activity remains steady with a moderate supply of inventory and a sale-to-list ratio near 99%. These conditions reflect a balanced environment for both buyers and sellers as the market adjusts to current interest rate levels.
Median prices moved down 1.8% year over year.
Homes spend a median of 47 days on market with 3.1 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.8% · poverty 18.2% — a mixed stability profile.
versus the prior ACS vintage
ZCTA 93642, Fresno County CA
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%).
Data retrieved from data.census.gov for Fresno city/ZCTA area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.