Fresno home prices rise slightly as new sales dip and rents climb

The typical home value in Fresno, CA rose to $404,052 in September 2026, up 1.1% from a year earlier, according to the Zillow Home Value Index. Meanwhile, new home sales in the region dipped in September, and the median price fell below last year’s level, The San Joaquin Valley Sun reported. Despite the decline in new sales, existing homes remain more affordable than in other parts of California, with $500,000 still able to buy a house in Fresno, Parriva noted. In contrast, homes in Los Angeles now cost an average of $1.1 million. Apartment rents in Fresno have also stayed elevated, with a two-bedroom unit averaging $3,750 per month — a figure some residents question but which the Fresno Bee suggests may not be out of line given regional housing pressures. The Press Democrat reported a 4-bedroom home sold in Santa Rosa for $600,000, highlighting the wider price disparity across California. No data in the sources connects these trends to immigration enforcement actions reported by the Sacramento Bee, which detailed ICE detainee transfers from 29 states to California.