The story of this market
The typical home in ZIP 93654 sells for about $385,000, or $228 per square foot.
Prices are down 5% from a year ago, which gives buyers more room to negotiate. Homes take about 33 days to sell. HUD's fair market rent for a two-bedroom is $1,862 a month.
ZIP 93654 — Reedley
The 93654 housing market is experiencing a cooling phase with median prices down 5% year-over-year. Sales volume has seen a significant decline, reflecting a shift toward a slower market pace despite a high sale-to-list ratio.
The area is suitable for family buyers seeking a suburban environment with a competitive housing market and relatively accessible price points compared to larger California metros.
Median prices moved down 5.0% year over year.
Homes spend a median of 33 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 102.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 93654
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%).
The local economy is primarily driven by agriculture and related industries typical of the Central Valley region.
Data sourced from United States Zip Codes based on Census/ACS figures.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.