Foreclosure Homes in Hanford, CA 93230

Buyer vs Seller Market in Hanford, CA

The real estate market in Hanford, CA, is currently experiencing steady growth, characterized by a slower, yet consistent increase in home prices compared to previous years. Buyers are actively searching for homes in this area due to its affordability relative to nearby cities like Fresno, as well as the desirability of its small-town charm and family-friendly environment.

With a balanced mix of buyers and sellers, the market remains competitive, particularly for single-family homes. Local demand is driven by families relocating for educational opportunities and retirees looking for a quieter lifestyle. The increase in median home prices reflects the high demand and limited inventory in the region.

Rent Prices In Hanford, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hanford, CA, is on a rollercoaster ride. The average rent price in Hanford, CA, is $1,168.00. Indeed, when looking to rent in Hanford, CA, you can expect to pay as little as $530.00 or as much as $2,780.00, with the average rent median estimated to be $1,150.00. The good news is that finding an affordable and desirable property to rent in Hanford, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.