The story of this market
The typical home in ZIP 93662 sells for about $358,000, or $245 per square foot.
Prices are up +1.6% from a year ago, so sellers still have some momentum. Homes take about 52 days to sell. HUD's fair market rent for a two-bedroom is $1,685 a month.
ZIP 93662 — Selma
The housing market in the Fresno area shows signs of stabilization with median home values hovering around $358,000 to $425,000 depending on the specific data source and reporting period. Market activity remains balanced with approximately 3 months of supply and a sale-to-list ratio near 99%. Figures are based on broader Fresno market data as specific ZCTA-level metrics for 93662 were not published in the provided sources.
Median prices moved up 1.6% year over year.
Homes spend a median of 52 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) — a stable, low-distress profile.
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%).
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.