The story of this market
The typical home in ZIP 93703 sells for about $407,706, 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 $1,800 a month.
ZIP 93703 — Fresno
The Fresno housing market is experiencing a period of price correction with a year-over-year decline of 1.8% in median sale prices. High inventory levels and longer days on market suggest a shift toward a more balanced environment for buyers, though affordability remains a significant challenge for local residents.
This ZIP is primarily suited for budget-conscious renters and first-time homebuyers looking for proximity to central Fresno amenities and established neighborhoods.
Median prices moved down 1.8% year over year.
Homes spend a median of 47 days on market with 2.0 months of supply — a fast-moving market.
43% of listings have cut prices · homes sell at 100% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.4% · poverty 32.5% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 12.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 10.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 93703, Fresno County CA
Not determinable at the ZIP level; Fresno city experiences crime rates that are generally higher than the national average, with property crime being a primary concern.
Schools serving the 93703 area are part of the Fresno Unified School District, which faces ongoing challenges regarding student performance and resource allocation compared to suburban districts.
The area is subject to standard California climate risks, including extreme summer heat and potential for poor air quality, though it is not in a high-risk wildfire zone.
Economic momentum is driven by the broader Fresno regional economy, which relies heavily on agriculture, healthcare, and government services, with limited new large-scale development within this specific urban ZIP.
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%).
Residents have relatively easy access to Highway 41 and Highway 180, providing connectivity to the downtown Fresno employment core and surrounding industrial hubs.
The area features several local parks and proximity to the Tower District, known for its historic architecture, dining, and entertainment venues.
The rental market is characterized by high demand and rising rents, with a significant portion of the housing stock occupied by renters rather than owners.
The economy is anchored by the agricultural sector, healthcare systems like Community Medical Centers, and public sector employment in the city of Fresno.
The area is served by Fresno Area Express (FAX) bus lines, with major arterial roads providing access to the wider Fresno-Clovis metropolitan area.
Development is largely focused on infill projects and the revitalization of older urban corridors within the city limits.
The Fresno County Assessor maintains property values based on Proposition 13 guidelines, with annual increases capped at 2% unless a change in ownership occurs.
Parcels are subject to Fresno Unified School District taxes and various municipal utility and flood control district assessments.
Property insurance premiums in the region have seen upward pressure due to broader California wildfire and climate-related risk adjustments.
Data retrieved from Census Bureau ZCTA 93703 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Island Waterpark4.48.2 mi
- Wild Water Adventure Park4.210.2 mi
- John's Incredible Pizza - Fresno4.24.9 mi
- Sky Zone Trampoline Park4.45.7 mi
- Dave & Buster's Fresno46.1 mi
- Save Mart Center4.53.1 mi
- Golden Corral Buffet & Grill3.86.1 mi
- John's Incredible Pizza - Fresno4.24.9 mi
- Chukchansi Park4.63 mi
- Sky Zone Trampoline Park4.45.7 mi
- Fresno Chaffee Zoo4.63.7 mi
- River Park Shopping Center4.45.7 mi
- Regal Fresno Riverpark4.35.8 mi
- Island Waterpark4.48.2 mi
- Forestiere Underground Gardens4.87.3 mi
- Forestiere Underground Gardens4.87.3 mi
- Fresno Discovery Center4.41.6 mi
- Fresno Art Museum4.50.8 mi
- Tower Theatre for the Performing Arts4.62.4 mi
- Kearney Mansion Museum4.69.3 mi
- Woodward Park4.66.9 mi
- Valley Animal Center4.51.6 mi
- Oso de Oro Park4.75.1 mi
- Inspiration Park4.67.8 mi
- Romain Park41.3 mi
- Dragonfly Golf Club4.211 mi
- Riverside Golf Course4.39.8 mi
- Hank's Swank Par 3 Golf Course4.54.4 mi
- Airways Golf Club4.23 mi
- Bluff Pointe Golf Course and Learning Center4.48.9 mi
- Fashion Fair4.32.8 mi
- River Park Shopping Center4.45.7 mi
- WinCo Foods4.52.9 mi
- Sierra Vista Mall4.24.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Historic district known for nightlife, restaurants, and cultural events.
Large regional park featuring the Fresno Chaffee Zoo and recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.