1 / 18
Price cut: $9,000 (5/22)
$355,900FOR SALE
3 beds · 2 baths · 1,602 sqft
William Johnson, Broker
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13 homes in 95948
Homes for Sale in 95948
Gridley, CA
540 Fairview Drive, Gridley, CA 95948
1 / 20
$389,000FOR SALE
4 beds · 2 baths · 1,617 sqft
Re/Max of Chico
1 / 20
Price cut: $40,000 (7/15)
$510,000FOR SALE
4 beds · 2 baths · 2,164 sqft
Berkshire Hathaway HomeServices Heritage, REALTORS
1 / 20
$379,000FOR SALE
3 beds · 2 baths · 1,104 sqft
Keller Williams Realty Chico Area
1 / 20
$629,000FOR SALE
4 beds · 2 baths · 1,718 sqft
LPT Realty
1 / 20
$299,900FOR SALE
4 beds · 3 baths · 2,349 sqft
Re/Max American Dream Realty
1 / 15
$189,000FOR SALE
2 beds · 1 baths · 760 sqft
LPT Realty
1 / 20
$429,000FOR SALE
4 beds · 2 baths · 1,712 sqft
Platinum Partners Real Estate
1 / 75
Price cut: $5,000 (6/4)
$370,000FOR SALE
3 beds · 2 baths · 1,716 sqft
EXP Realty of Northern California, Inc.
1 / 6
Price cut: $14,800 (4/20)
$387,000FOR SALE
3 beds · 3 baths · 1,364 sqft
Showcase Real Estate
1 / 6
Price cut: $11,800 (4/20)
$387,000FOR SALE
3 beds · 3 baths · 1,364 sqft
Showcase Real Estate
1 / 6
Price cut: $11,400 (4/20)
$379,000FOR SALE
2 beds · 3 baths · 1,203 sqft
Showcase Real Estate
$9,900,000FOR SALE
6 beds · 5 baths · 5,305 sqft
Bill Chance Realty
About 95948 Real Estate
About Gridley: The 95948 ZIP code is in Gridley, CA. Gridley is a city in Butte County, California, United States, 29 miles south of Chico and 56 miles north of Sacramento. The population as of April 1, 2020, is 7,421. California State Route 99 runs through Gridley and Interstate 5 and California State Route 70 both pass nearby.
Today, the 95948 area has 13 homes for sale with a median listing price of $387K. The average price per square foot is $385.
95948 Area Market Pulse
Topfind Market Read
Buyers hold the edge right now. 13.0 months of supply is more than current demand absorbs, and the typical home takes about 116 days to sell. At the same time, inventory is an even mix of new and older listings, which keeps well-priced homes moving. Buyers are firmly in control and can negotiate hard, while sellers need sharp pricing to draw attention.
Buyer leverageBalancedSeller leverage
Median Home Price
$387K
↓ 16% over the past yearChart shows the median closed sale price by month
$551.3K$428.7K$309.7K$190.8K
Sep 25
Dec 25
Mar 26
Jun 26
Months of Supply
Estimated time to sell all listings at the current sales pace
13.0 months of supply
Ample Supply13 active listings, plenty of options to choose from.
Tight (<3 mo)
Balanced (3 to 6 mo)
Ample (6+ mo)
13.0
0369+
What this means for buyers
There is more inventory than recent sales absorb, so buyers have plenty of options and stronger footing to negotiate price and terms. Listings typically sell in ~116 days.
● Tight: strong demand● Balanced: steady pace● Ample: more choice
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs.
● <30d: Fast● 30-45d: Steady● 45d+: Slower
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
New
Active
Aging
Stale
About 54% of current listings are under 30 days old, while the rest have been up longer.
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities
Housing Tenure in 95948 Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
HomeownersRenters
47%
Homeowners
53%
Renters
Homeownership is 8.5 points lower than the California average (55.5%)
Higher renter rates typically mean more rental inventory and neighborhood turnover.
2,485 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
2 Bed$284K
3 Bed$376K
4 Bed$451K
6 Bed$9.9M
Each additional bedroom adds about $3.2M in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 6 bedrooms (+$9.4M)
Price Reductions
6
6 listings have reduced their price
46% of active listings
Average reduction: 3.4% (~$13K)
A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.
Explore Nearby Cities
Browse homes for sale in cities near Gridley
Frequently Asked Questions about Homes for Sale in 95948, CA
How many homes are for sale in 95948, CA?
There are currently 13 homes for sale in 95948, ranging from $189,000 to $9,900,000.
What is the median home price in 95948?
The median list price in 95948 is $387,000. Price per square foot averages $385.
How fast do homes sell in 95948?
Homes in 95948 currently average 116 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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