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Featured local agent — Chico, WA

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Chico, WA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Chico, WA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Chico, WA Housing Market & Real Estate

Balanced market-19.8% YoY

Housing market overview · Updated monthly ·

$561,900median sale price

How is the Chico, WA housing market right now?

The median home sale price in Chico, WA is $561,900, down 19.8% year-over-year. Homes sell in an average of 40 days with 15 active listings. The market is currently a balanced 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?

Balanced market5.0 months of supply40 avg. days on market

Chico, WA is currently a balanced market, based on 5.0 months of supply and homes selling in about 40 days. How we determine this →

Homes sold

3

Last 12 weeks

Days on market

40

Average pace

Active listings

15

5.0 months supply

Sale-to-list

99.5%

Below asking

What does the Chico housing market data show?

Current housing market statistics for Chico, WA
MetricValue
Median sale price$561,900
Median list price$679,500
Year-over-year price change-19.8%
Average days on market40 days
Active inventory15 listings
Months of supply5.0 months
Sale-to-list price ratio99.5%
Median price per sq ft$379/sq ft
Homes sold (latest month)3
New listings (latest month)7
Listings with a price cut33.3%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Chico by property type?

How the Chico, WA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Chico, WA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$561,900$379/sq ft340 days

Source: Redfin · Updated monthly

The Chico housing market is currently classified as a balanced market with a median sale price of $561,900. Prices have fallen 19.8% compared to last year, with homes spending an average of 40 days on market, indicating 5.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Chico

There are currently 15 homes listed for sale in Chico, Washington. The median listing price is $680K.

Active listings

15

Homes on market

Median list price

$680K

Avg. days on market

40

Days until sale

New this week

7

Newly listed

Price drops:33.3%of listings
Sale-to-list:99.5%

Who lives in Chico?

Population

3,016

Median income

$124,700/yr

Median age

48 years

Owner-occupied

87.7%

College grads

48.3%

Avg commute

23 min

Source: U.S. Census Bureau ACS

What is it like to live in Chico?

Chico is a community of approximately 3K residents with a median age of 48 years.The median household income is $124,700, which reflects a relatively affluent area with strong earning potential. 48.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 87.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 23 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 cities are near Chico, WA?

Want a head-to-head view? Compare Chico side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Chico?

The median home sale price in Chico is $561,900, down 19.8% from last year.

How long do homes stay on market in Chico?

Homes typically spend 40 days on market before going under contract.

What is the median income in Chico?

The median household income is $124,700 per year.

Is Chico a buyer's or seller's market?

With 5.0 months of supply, Chico is currently a balanced market.

How much does a single-family home cost in Chico?

The median single-family home price in Chico, WA is $561,900 (about $379 per square foot).

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