Home Value Trail

States › California › Tulare County › ZIP 93247

ZIP code

ZIP 93247

Tulare County · Visalia, CA · California

FHFA annual index 1978–2025Developmental ZIP indexIndex vintage March 31, 2026
FHFA house price index for ZIP 93247, 1978 to 2025, with the national index rebased to the same start and NBER recessions shadedRecession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202002004006008001,00019801990200020102020United States2025: 842
ZIP 93247 (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. FHFA describes its ZIP code indexes as developmental: they may be revised as new data arrive or methods change, and the index does not give a dollar value for any home.

ZIP code 93247 is in Tulare County, California, within the Visalia, CA area. FHFA's index for it begins in 1978; through 2025 it stands at 842, meaning prices in repeat sales of the same homes are up +742.5% since 1978.

Over the ten years to 2025 the index rose +132.7%, about +8.8% a year: well above Tulare County (+101.6%), well above California (+80.3%) and well above the national index (+85.0%). The change over 2024–2025 was +3.0%.

By decade, the strongest was the 1980s (+66.2%) and the weakest the 1990s (+20.2%).

From its 2007 peak the index fell −48.9% to a 2012 low and regained the peak in 2021.

Building activity is measured at county level: Tulare County authorised 1,995 housing units in the 12 months to August 2026, 4.1 per 1,000 residents, 89% of them single-family.

+3.0%1 year, 2024–2025US +2.8%
+61.8%5 years, 2020–2025US +47.0%
+132.7%10 years, 2015–2025+8.8% a year annualised
+260.0%since 2000US +158.3%

Same span, five levels

Change in the FHFA indexZIP 93247Tulare CountyVisalia areaCaliforniaUnited States
1 year (2024–2025)+3.0%+3.8%+3.8%+0.8%+2.8%
5 years (2020–2025)+61.8%+53.3%+53.3%+39.8%+47.0%
10 years (2015–2025)+132.7%+101.6%+101.6%+80.3%+85.0%
20 years (2005–2025)+97.7%+59.5%+59.5%+56.4%+79.1%
Since 2000+260.0%+221.9%+221.9%+224.1%+158.3%
Since 1978+742.5%+566.1%+566.1%+1008.8%+627.8%
10-year annualised+8.8%+7.3%+7.3%+6.1%+6.3%
20-year annualised+3.5%+2.4%+2.4%+2.3%+3.0%

Every column uses FHFA's annual all-transactions index family and the same start and end years, so the figures are directly comparable. A dash means the level has no index for that span.

Decade by decade

DecadeChangeUnited States
1980s (1980–1990)+66.2%+68.2%
1990s (1990–2000)+20.2%+33.9%
2000s (2000–2010)+38.0%+29.7%
2010s (2010–2020)+61.2%+35.5%
2020s so far (2020–2025)+61.8%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1978 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1978 are not shown.

Peak-to-low declines

Falls of 5% or more from a previous high in the annual index, and the year the earlier peak was regained.

PeakLowDeclinePeak regained
20072012−48.9%2021
19841985−16.0%1989
19801982−6.1%1983

Building permits in Tulare County

Permits are reported by county and by permit-issuing place, not by ZIP code. Housing units authorised in Tulare County, latest 12 months.

Housing units authorised in Tulare County by month, Sep 2025 to Aug 20260100200300Sep 2025: 113 units (105 single-family, 8 in multi-unit buildings)Sep 2025Oct 2025: 201 units (77 single-family, 124 in multi-unit buildings)Oct 2025Nov 2025: 148 units (116 single-family, 32 in multi-unit buildings)Nov 2025Dec 2025: 135 units (127 single-family, 8 in multi-unit buildings)Dec 2025Jan 2026: 117 units (107 single-family, 10 in multi-unit buildings)Jan 2026Feb 2026: 148 units (145 single-family, 3 in multi-unit buildings)Feb 2026Mar 2026: 177 units (174 single-family, 3 in multi-unit buildings)Mar 2026Apr 2026: 232 units (228 single-family, 4 in multi-unit buildings)Apr 2026May 2026: 185 units (185 single-family, 0 in multi-unit buildings)May 2026Jun 2026: 223 units (207 single-family, 16 in multi-unit buildings)Jun 2026Jul 2026: 178 units (162 single-family, 16 in multi-unit buildings)Jul 2026Aug 2026: 138 units (134 single-family, 4 in multi-unit buildings)Aug 2026

Housing units authorised in Tulare County by month, Sep 2025 to Aug 2026single-family2+ unit buildings

1,995units authorised, 12 months to August 2026+29.3% on the previous 12 months
4.1units per 1,000 residentsCalifornia 2.8 · US 4.1
89%single-family share128 units in 5+ unit buildings

Full permit history and every city in Tulare County

Other ZIP codes in Tulare County

Ranked by ten-year change in the FHFA index; ZIP 93247 ranks 2 of 17 with an index through 2025.

ZIP1 year10 yearsSince 2000Index through
93647+21.8%+168.8%+338.0%2025
93267+6.5%+131.3%+266.3%2025
93223+10.5%+130.8%+266.2%2025
93270−0.8%+130.2%+288.2%2025
93618+9.1%+120.9%+230.4%2025
93257+3.3%+111.2%+259.3%2025
93271+1.4%+107.7%+232.7%2025
93274+5.2%+105.3%+230.8%2025
93646+6.2%+103.2%+232.6%2025
93292+2.8%+99.7%+198.9%2025
93286+4.2%+98.3%+244.9%2025
93277+5.2%+96.5%+207.3%2025

All 23 ZIP codes in Tulare County

Questions and answers

How much have home values in ZIP 93247 risen over 10 years?

The FHFA house price index for 93247 rose +132.7% between 2015 and 2025, about +8.8% a year compounded. Over five years the change was +61.8% and over one year +3.0%.

How does 93247 compare with Tulare County?

Over the same ten years to 2025, Tulare County rose +101.6%, California +80.3% and the United States +85.0%, against +132.7% for the ZIP. Among 17 ZIP codes in the county with an index through 2025, 93247 ranks 2 by ten-year change.

What happened to prices in 93247 after 2007?

The index peaked in 2007, fell −48.9% to its 2012 low and passed the earlier peak again in 2021. Nationally the fall was −21.3% from 2007 to 2012.

How many homes are being built in 93247?

Building permits are published by place and county, not by ZIP. Tulare County authorised 1,995 housing units in the 12 months to August 2026, +29.3% on the previous 12 months. The county page lists permits by month and by city.

Where does the index for this ZIP come from?

From the Federal Housing Finance Agency's annual five-digit ZIP code house price index (all-transactions), last updated March 31, 2026. FHFA labels the ZIP-level indexes developmental: they are calibrated on appraisal values and sales prices for mortgages bought or guaranteed by Fannie Mae and Freddie Mac, and may be revised. The index tracks price changes for the same homes over time; it does not give a dollar value for any home.

Provenance

Index: Federal Housing Finance Agency, annual house price index for five-digit ZIP codes (all-transactions, developmental), last updated March 31, 2026, values 1978–2025, public domain. County, state and national comparison series are FHFA's annual indexes for those levels from the same release. ZIP to county assignment uses the Census Bureau's 2020 ZCTA-to-county relationship file (largest land share); county to metro uses OMB's July 2023 delineations. Permits: Census Bureau Building Permits Survey through August 2026. Errors in processing are corrected at the next build; see corrections. FHFA HPI datasets.