95948 Housing Market
Median List Price
$387,000
Updated August 2026
Today, the 95948 ZIP code in Gridley, CA has 13 homes for sale at a median list price of $387,000, typically selling in about 116 days.
95948 Housing Market Overview
Homes in the 95948 ZIP code carry a median list price of $387,000. That sits close to the overall Gridley figure. The median price moved from $365,000 in February to $265,000 in July, a 27.4% decrease over six months. Right now 13 homes are on the market in the 95948 ZIP code. Six bedroom homes carry the highest medians at $9.9M, with two bedroom homes starting the range at $284,000.
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.
Median Home Price
$387K
↓ 16% 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
13.0 months of supply
Ample Supply13 active listings, plenty of options to choose from.
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.
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.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 54% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 95948 Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
47%
Homeowners
53%
Renters
Homeownership is 8.5 points lower than the California average (55.5%)
2,485 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $3.2M in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 6 bedrooms (+$9.5M)
Price Reductions
6 listings have reduced their price
46% of active listings
Average reduction: 3.4% (~$13K)
Browse 95948 Listings
Frequently Asked Questions about the 95948 Housing Market
What is the median home price in the 95948 ZIP code?
The median list price in the 95948 ZIP code is $387,000 as of August 2026, based on 13 active listings.
Is the 95948 ZIP code a buyer's market or a seller's market?
The 95948 ZIP code currently reads as a buyer's market. Active inventory works out to about 13.0 months of supply at the recent sales pace.
How fast do homes sell in the 95948 ZIP code?
The average home currently for sale in the 95948 ZIP code has been on the market for 116 days.
How many homes are for sale in the 95948 ZIP code?
There are 13 homes for sale in the 95948 ZIP code right now.