93705, Fresno, CA

The 93705 zip code of Fresno, CA has a median home value of $174,000 and a median home equity value of $130,000. These values are lower than the statewide median home value of $247,500 and statewide median home equity value of $212,500. The 93705 zip code also has a lower than average percentage of homeowners with mortgages at 47%. This is higher than the statewide percentage of homeowners with mortgages at 43%.

There are several factors that may contribute to the lower home values in the 93705 zip code. One reason may be that this area is not as affluent as other parts of Fresno. Another reason may be that there are fewer homes for sale in this zip code compared to other parts of Fresno. Finally, it is possible that some homeowners in this zip code have taken out high-interest loans to purchase their homes and have less equity in their homes than others.