Chico, CA Housing Market
The Chico housing market is somewhat competitive. The median sale price of a home in Chico was $467K last month, up 12.6% since last year. The median sale price per square foot in Chico is $284, up 1.1% since last year.
Chico Housing Market Trends
In February 2024, Chico home prices were up 12.6% compared to last year, selling for a median price of $467K. On average, homes in Chico sell after 39 days on the market compared to 45 days last year. There were 48 homes sold in February this year, up from 48 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Chico housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 38 days.
- Hot homescan sell for about 1% above list price and go pending in around 9 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 44 days.
- Hot homescan sell for about 2% above list price and go pending in around 22 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 50 days.
- Hot homescan sell for about 2% above list price and go pending in around 18 days.
Chico Migration & Relocation Trends
- Across the nation, 0.09% of homebuyers searched to move into Chico from outside metros.
- San Francisco homebuyers searched to move into Chico more than any other metro followed by Los Angeles and Redding.
- 46% of Chico homebuyers searched to stay within the Chico metropolitan area.
- Reno was the most popular destination among Chico homebuyers followed by Portland and Dallas.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Dec '23 - Feb '24 | ||
1 | 198 | ||
2 | 71 | ||
3 | 28 | ||
4 | 23 | ||
5 | 19 | ||
6 | 10 | ||
7 | 10 | ||
8 | 10 | ||
9 | 3 | ||
10 | 3 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Dec '23 - Feb '24 | ||
1 | 14 | ||
2 | 13 | ||
3 | 7 | ||
4 | 5 | ||
5 | 5 | ||
6 | 5 | ||
7 | 5 | ||
8 | 4 | ||
9 | 4 | ||
10 | 3 |
Home offer insights for Chico
Recent offers
View houses in Chico that sold recently
Recently sold homes
- $45,000 Last Sold Price2 beds2 baths1,344 sq ft1901 Dayton Rd #82, Chico, CA 95928List Price$49,500Sale to List9% under listDays on Market75 days1901 Dayton Rd #82, Chico, CA 95928
- $622,000 Last Sold Price3 beds2 baths1,629 sq ft492 E 4th St, Chico, CA 95928List Price$628,000Sale to List1% under listDays on Market99 days492 E 4th St, Chico, CA 95928
- $175,000 Last Sold Price2 beds1 bath864 sq ft2340 Notre Dame Blvd #7, Chico, CA 95928List Price$175,000Sale to List0% over listDays on Market47 days2340 Notre Dame Blvd #7, Chico, CA 95928
- $169,741 Last Sold Price2 beds1 bath864 sq ft458 Nord Ave #8, Chico, CA 95926List Price$175,000Sale to List3% under listDays on Market42 days458 Nord Ave #8, Chico, CA 95926
- $470,308 Last Sold Price3 beds2 baths1,664 sq ft385 Bellamy Ter, Chico, CA 95973List Price$465,500Sale to List1% over listDays on Market33 days385 Bellamy Ter, Chico, CA 95973
- $55,000 Last Sold Price2 beds2 baths1,368 sq ft1901 Dayton Rd #90, Chico, CA 95928List Price$59,000Sale to List7% under listDays on Market54 days1901 Dayton Rd #90, Chico, CA 95928
- $670,000 Last Sold Price14 beds8 baths5,575 sq ft1501 W 3rd St, Chico, CA 95928List Price$750,000Sale to List11% under listDays on Market202 days1501 W 3rd St, Chico, CA 95928
- $500,000 Last Sold Price3 beds2 baths1,522 sq ft4131 Nord Hwy, Chico, CA 95973List Price$510,000Sale to List2% under listDays on Market23 days4131 Nord Hwy, Chico, CA 95973
See all recently sold homes in Chico.
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Schools in Chico
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Sierra View Elementary School Public • K-5 | 563 Students | 12 reviews |
7/10 Little Chico Creek Elementary School Public • K-5 | 449 Students | 6 reviews |
7/10 Neal Dow Elementary School Public • K-5 | 332 Students | 8 reviews |
6/10 Shasta Elementary School Public • K-5 | 629 Students | 6 reviews |
6/10 Parkview Elementary School Public • K-5 | 381 Students | 17 reviews |
Climate's impact on Chico housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Chico.
Flood Factor - Moderate
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Fire Factor - Major
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Severe
Heat Factor
Transportation in Chico
Walk Score®
Bike Score®
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