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Featured local agent — Chico, WA
Sarah Mitchell
Compass Real Estate · Chico, WA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Chico, WA Housing Market & Real Estate
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?
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?
| Metric | Value |
|---|---|
| Median sale price | $561,900 |
| Median list price | $679,500 |
| Year-over-year price change | -19.8% |
| Average days on market | 40 days |
| Active inventory | 15 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 99.5% |
| Median price per sq ft | $379/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 7 |
| Listings with a price cut | 33.3% |
| Market condition | Balanced 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.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $561,900 | $379/sq ft | 3 | 40 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
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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