Here's where the hottest and coldest housing market is in the Central Valley

FRESNO, Calif. (KFSN) -- Bankrate has ranked 212 cities for its Housing Heat Index.

Several factors were considered successful looking for the country's hottest markets.

"So essentially, wherever are we seeing a operation of choky inventory, fast-selling homes and rising location values," Bankrate Data Analyst Alex Gailey said. "I would accidental that the biggest operator successful our lodging vigor scale is location appreciation."

Gailey says 2 years ago, Fresno and Visalia ranked among the hottest markets successful the U.S., with Fresno ranked astatine No. 93 and Visalia ranked No. 89.

But present some cities fertile among the coldest markets. Fresno has dropped to the 146th spot and Visalia adjacent little astatine 173.

"I would qualify the Fresno lodging marketplace arsenic being stuck successful a post-pandemic rut," Gailey said. "So location values person appreciated astir 3% twelvemonth implicit twelvemonth arsenic of Q1 successful Fresno. That is down from 9% successful 2023 astatine the aforesaid time."

Merced was the highest-ranking section metropolis successful the Heat Index astatine No. 89, a acold outcry from 2023 erstwhile it was successful the 174th spot.

"In 2025, location values appreciated 6% twelvemonth implicit year. In 2023, that was astatine 6.7%. So, it's dropped a small bit, but not by much," Gailey said.

"A emblematic listing has sat connected the marketplace for astir 45 days successful Merced, but that is 12 days shorter than it was 2 years ago. So determination appears to beryllium dependable purchaser request successful Merced, portion purchaser request successful Fresno has been much stagnant," helium continued.

But Gailey notes California stands retired among different states due to the fact that of its affordability challenge.

"One, importantly higher lodging costs and two, highly terrible lodging shortages," helium said.

In a wider look crossed the country, New Haven, Connecticut, was ranked the hottest lodging market. Meanwhile, 4 of the coldest markets were successful Florida.

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