HousingHandbookReference data

U.S. ZIP Code · CA93723

Fresno County · Fresno, CA

Typical home value

$512,456[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.9%
5-year / yr
+4.0%
10-year / yr
+5.4%

Relative price

vs U.S.
+80.4%
vs metro
+31.8%
vs state
-26.8%
ZIP 93723 location in CA
Location of ZIP 93723 in CA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 93723 is worth $512,456 — 31.8% above the Fresno, CA median. Over the past year, values have fallen 0.9%. Homes here rent for a typical $2,500 a month — a 5.9% gross rental yield. The effective property tax rate is 1.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$2,500[2]
Gross yield
5.9%[2]
Cap rate
3.5%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.0%[3]
Typical annual tax
$4,874[3]

#Climate risk

FEMA National Risk Index ratings for Fresno County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Not Applicable
Wildfire
Relatively High
Drought
Very High
Heat wave
Relatively High
Hurricane
Not Applicable
Tornado
Relatively Low
Earthquake
Relatively High
Winter weather
Very Low

#Who lives here

Population
14,726[3]
Median household income
$128,725[3]

#Migration

Household moves in and out of Fresno County over a year, from IRS tax-return data.

Net migration
-2,138[5]
Moved in
11,518
Moved out
13,656

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
6
Elementary
4
Middle
1
High
1
  • Justin Garza High

    High · Grades 9–12 · Central Unified

    2,073 students

  • Harvest Elementary

    Elementary · Grades K–6 · Central Unified

    983 students

  • Glacier Point Middle

    Middle · Grades 7–8 · Central Unified

    969 students

  • Herndon-Barstow Elementary

    Elementary · Grades K–6 · Central Unified

    725 students

  • Roosevelt Elementary

    Elementary · Grades K–6 · Central Unified

    471 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield5.9%
Net yield (after ~40% expenses)3.5%
Annual rent$30,000

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$2,591
Loan principal$409,965
Down payment$102,491
Total interest paid$522,887

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.37
Monthly cost to own$3,424
Monthly rent$2,500

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
30th percentile[1]
Rental yield
52nd percentile[2]
Property tax
98th percentile[3]

Frequently asked

How much is a home worth in ZIP code 93723?
The typical home in 93723 is worth $512,456, based on the Zillow Home Value Index.
Are home values rising in 93723?
Home values in 93723 are down 0.9% over the past year, and up 4.0% a year over five years.
What is the typical rent in 93723?
A typical home in 93723 rents for about $2,500 a month, a gross rental yield of 5.9%.
What is the property tax rate in 93723?
The effective property tax rate in 93723 is 1.0% — roughly $4,874 a year on a typical home.
Who lives in 93723?
ZIP code 93723 has a population of 14,726 and a median household income of $128,725.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Fresno, CA

    Typical home
    $514,571
    Gross yield
    4.9%
  • Fresno, CA

    Typical home
    $522,463
    Gross yield
  • Bonadelle Ranchos CDP, CA

    Typical home
    $524,197
    Gross yield
    6.1%
  • Clovis, CA

    Typical home
    $498,335
    Gross yield
    5.9%
  • Fresno, CA

    Typical home
    $497,158
    Gross yield
    5.1%
  • Ahwahnee CDP, CA

    Typical home
    $472,621
    Gross yield

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 93723 against any other ZIP — full side-by-side table.

Compare 93723

#Jump to section