Chico, CA Housing Market
Median List Price
$539,000
Updated August 2026
Today, Chico has 222 homes for sale at a median list price of $539,000, typically selling in about 59 days.
Chico Market Analysis
Homes in Chico, CA carry a median list price of $539,000. On a per square foot basis, the median runs $300. The median price moved from $459,000 in February to $450,000 in July, a 2.0% decrease over six months.
The typical listing reaches pending status in about 12 days. That is a quick turnaround, so buyers who wait on a well priced home often miss it. Right now 222 homes are on the market in Chico, CA. 74 new listings came on the market in the last 30 days.
Four bedroom homes carry the highest medians at $650,000, with one bedroom homes starting the range at $182,000. Single family homes make up about 83.3% of current inventory. Addresses here fall across the 95928, 95973, and 95926 ZIP codes.
Chico Rental Market
Rentals in Chico, CA carry a median asking rent of $1,600. The median rent moved from $1,250 in January to $800 in July, a 36.0% decrease over six months. Right now 4 rentals are on the market in Chico, CA.
Chico Market Pulse
Topfind Market Read
The picture is mixed here. Sale prices are up 6% over the last six months and 1% over the past year, yet 50% of sellers have trimmed their asking price, and the typical home takes about 59 days to sell, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$539K
↑ 1% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
3.4 months of supply
Balanced Supply222 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~59 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 20% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 47% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Chico
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
44%
Homeowners
56%
Renters
Homeownership is 11.5 points lower than the California average (55.5%)
41,934 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $169K in value on average.
Price Reductions
111 listings have reduced their price
50% of active listings
Average reduction: 7.2% (~$39K)
Browse Chico Listings
Frequently Asked Questions about the Chico, CA Housing Market
What is the median home price in Chico, CA?
The median list price in Chico is $539,000 as of August 2026, based on 222 active listings.
Is Chico a buyer's market or a seller's market?
Chico currently reads as a balanced market. Active inventory works out to about 3.4 months of supply at the recent sales pace.
How fast do homes sell in Chico?
Homes that closed in the last 90 days typically went under contract in about 12 days. The average home currently for sale has been on the market for 59 days.
Are home prices in Chico going up or down?
The median sale price in Chico is up about 1.1% compared with a year ago.
How many homes are for sale in Chico, CA?
There are 222 homes for sale in Chico right now, including 27 listed within the last week.
What is the median rent in Chico?
The median asking rent in Chico is $1,600 per month, across 4 active rental listings.