93711, Fresno, CA

The Fresno, CA 93711 zip code has a population of over 210,000 people and is located in the Central Valley region of California. Home prices in this zip code have been increasing rapidly over the past few years, reaching an all-time high of $269,900 in January 2018. This rapid increase in home prices has caused many homeowners to experience significant equity gains.

Home equity is the difference between the value of a homeowner's home and their outstanding mortgage debt. Homeowners who have built up significant equity in their homes are able to use this equity to finance other investments or spend more freely on expenses like groceries or vacations. In some cases, homeowners may even be able to sell their homes for a higher price than they originally paid due to the increased value of their home equity.

While home prices in Fresno, CA are currently rising rapidly, there is no guarantee that they will continue to do so indefinitely. The market for housing can be unpredictable and there are many factors that can influence its direction including interest rates, economic conditions, and changes in local demographics. If you are interested in buying or selling a home in Fresno, CA please contact our office for more information about current market conditions and trends.