New Listing
26
$55,900
1595 Manzanita Ave Unit 47
Chico, CA 95926
2 bd2 ba980 sqft$57/ft²
Mobile home
Heather Cooper · Willow & Birch Realty, Inc
View photos & details
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Compass Real Estate · Chico, CA
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Chico, CA(512) 555-0184TX License #0512847
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Chico, CA Housing Market & Real Estate
Seller's market-6.9% YoY
Housing market overview · Updated monthly ·
$475,000median sale price
How is the Chico, CA housing market right now?
The median home sale price in Chico, CA is $475,000, down 6.9% year-over-year. Homes sell in an average of 35 days with 179 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Chico a buyer's or seller's market?
Seller's market2.1 months of supply35 avg. days on market
Chico, CA is currently a seller's market, based on 2.1 months of supply and homes selling in about 35 days. How we determine this →
Homes sold
85
Last 12 weeks
Days on market
35
Average pace
Active listings
179
2.1 months supply
Sale-to-list
99.7%
Below asking
What does the Chico housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $475,000 |
| Median list price | $470,000 |
| Year-over-year price change | -6.9% |
| Average days on market | 35 days |
| Active inventory | 179 listings |
| Months of supply | 2.1 months |
| Sale-to-list price ratio | 99.7% |
| Median price per sq ft | $298/sq ft |
| Homes sold (latest month) | 85 |
| New listings (latest month) | 84 |
| Listings with a price cut | 32.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Chico by property type?
How the Chico, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $479,000 | $298/sq ft | 79 | 34 days |
| Condo / Co-op | $320,000 | $227/sq ft | 5 | 39 days |
| Townhouse | $293,500 | $200/sq ft | 2 | 23 days |
Source: Redfin · Updated monthly
The Chico housing market is currently classified as a seller's market with a median sale price of $475,000. Prices have fallen 6.9% compared to last year, with homes spending an average of 35 days on market, indicating 2.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.8x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Chico
There are currently 179 homes listed for sale in Chico, California. The median listing price is $470K. Featured listings range from $55,900 to $1,750,000.
New Listing
3
$185,000
Talbert Dr
Chico, CA 95928
Land23,522 sqft lot
Carrie Welch · Capital Rivers Commercial Inc
View photos & details
New Listing
30
$335,000
951 Cleveland Ave
Chico, CA 95928
3 bd2 ba1,062 sqft$315/ft²
House4,356 sqft lot
Monica Hosier · Parkway Real Estate Co.
View photos & details
New Listing
27
$349,000
236 W 1st Ave
Chico, CA 95926
3 bd2 ba1,068 sqft$327/ft²
House4,792 sqft lot
Lisa Bristow · Platinum Partners Real Estate
View photos & details
New Listing
3
$350,000
109 Sycamore Valley Rd
Chico, CA 95973
Land1.29 acres
Mark Reaman · Century 21 Select Real Estate, Inc.
View photos & details
New Listing
39
$450,000
306 Henshaw Ave
Chico, CA 95973
3 bd2 ba1,408 sqft$320/ft²
House6,098 sqft lot
Katie Hurwitz · Upside Real Estate
View photos & details
New Listing
31
$450,000
73 Skymountain Cir
Chico, CA 95928
3 bd2 ba1,312 sqft$343/ft²
House8,712 sqft lot
Sergio Sanchez · Thrive Real Estate Company
View photos & details
New Listing
47
$469,000
215 Danielson Ln
Chico, CA 95973
3 bd2 ba1,446 sqft$324/ft²
House5,663 sqft lot
Doria Franklin · Keller Williams Realty Chico Area
View photos & details
New Listing
30
$525,000
3481 Rogue River Dr
Chico, CA 95973
4 bd2 ba1,561 sqft$336/ft²
House5,663 sqft lot
Becky Prater · Platinum Partners Real Estate
View photos & details
$530,000
254 E Shasta Ave
Chico, CA 95973
3 bd2 ba1,766 sqft$300/ft²
House16,117 sqft lot
Amy Campbell · Keller Williams Realty Chico Area
View photos & details
New Listing
35
$655,000
2460 Estes Rd
Chico, CA 95928
3 bd3 ba2,200 sqft$298/ft²
House3.05 acres
Adam Pearce · Adam Pearce, Broker
View photos & details
New Listing
71
$1,750,000
168 Donald Dr
Chico, CA 95973
5 bd5 ba5,380 sqft$325/ft²
House3.15 acres
Taryn Mehan · Parkway Real Estate Co.
View photos & details
Looking to buy in Chico?
Get connected with a local real estate expert — free, no obligation.
Active listings
179
Homes on market
Median list price
$470K
Avg. days on market
35
Days until sale
New this week
84
Newly listed
Price drops:32.4%of listings
Sale-to-list:99.7%
Who lives in Chico?
Population
102,032
Median income
$67,929/yr
Median age
31 years
Owner-occupied
44.3%
College grads
41.3%
Avg commute
17.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Chico?
Zillow home value
$464,431
Zillow rent index
$1,607/mo
Price-to-rent ratio
24.1x
Price-to-income
6.8x
Source: Zillow Research
What is it like to live in Chico?
Chico is a community of approximately 102K residents with a median age of 31 years.The median household income is $67,929, which represents a working-class community with solid middle-income opportunities. 41.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 44.3%, showing a blend of owner and renter-occupied properties. The average commute time is 17.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Chico offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Chico?
32 schools tracked · 15,192 students
The largest public schools serving Chico, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Pleasant Valley High
Grades 9-12 · 1,922 students
Chico High
Grades 9-12 · 1,873 students
Bidwell Junior High
Grades 6-8 · 1,010 students
Chico Junior High
Grades 6-8 · 931 students
CORE Butte Charter
Grades K-12 · 898 students
Marsh (Harry M.) Junior High
Grades 6-8 · 764 students
Shasta Elementary
Grades K-5 · 633 students
Emma Wilson Elementary
Grades K-5 · 613 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Chico, CA?
Want a head-to-head view? Compare Chico side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Chico?
Is Chico a good real estate investment market?
For investors evaluating Chico, the price-to-rent ratio of 24.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 6.9% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Chico's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Chico's median home price.
Frequently asked questions
What is the average home price in Chico?
The median home sale price in Chico is $475,000, down 6.9% from last year.
How long do homes stay on market in Chico?
Homes typically spend 35 days on market before going under contract.
What is the median income in Chico?
The median household income is $67,929 per year.
Is Chico a buyer's or seller's market?
With 2.1 months of supply, Chico is currently a seller's market.
How many homes are for sale in Chico?
There are currently 179 homes listed for sale in Chico, CA.
What is the Zillow home value estimate for Chico?
The Zillow Home Value Index (ZHVI) for Chico is $464,431, representing the typical home value in the area.
What is the median condo price in Chico?
The median condo/co-op sale price in Chico, CA is $320,000, compared to $479,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Chico?
The median single-family home price in Chico, CA is $479,000 (about $298 per square foot).
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