144 homes in 95966
Homes for Sale in 95966
Palermo, CA
About 95966 Real Estate
About Palermo: The 95966 ZIP code is in Palermo, CA. Palermo is a census-designated place (CDP) in Butte County, California, United States. The population was 5,555 at the 2020 census, up from 5,382 at the 2010 census.
Today, the 95966 area has 144 homes for sale with a median listing price of $349K. The average price per square foot is $225.
95966 Area Market Pulse
Topfind Market Read
Buyers hold the edge right now. The typical home takes about 86 days to sell, and 56% of sellers have trimmed their asking price. At the same time, sale prices are up 11% over the last six months and 5% over the past year, and sales volume is up 34% versus six months ago, which keeps well-priced homes moving. Buyers have room to negotiate price and terms, while sellers should price sharply and present well to stand out.
Median Home Price
$349K
↑ 5% 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
5.7 months of supply
Balanced Supply143 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 ~86 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. The trend is moving the other way though, with selling times down 8% over the last six months.
Inventory Distribution
A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.
Housing Tenure in 95966 Area
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
66%
Homeowners
34%
Renters
Homeownership is 10.5 points higher than the California average (55.5%)
2,067 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $53K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$186K)
Price Reductions
80 listings have reduced their price
56% of active listings
Average reduction: 8.8% (~$31K)
Explore Nearby Cities
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Frequently Asked Questions about Homes for Sale in 95966, CA
How many homes are for sale in 95966, CA?
There are currently 144 homes for sale in 95966, ranging from $99,000 to $1,150,000. 7 of them hit the market within the last week.
What is the median home price in 95966?
The median list price in 95966 is $349,000. Price per square foot averages $225. Prices are up 4.8% compared to a year ago.
How fast do homes sell in 95966?
Homes in 95966 currently average 85 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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