Bidwell Mansion · Photo: Frank Schulenburg · CC BY-SA 4.0814 homes sold in Chico in the last year, at a typical $464K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Chico homes are listed.
Every place Chico homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Chico.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
7% of Chico’s sales are condos, at $197K less than a house
714 houses and 54 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 714 sold in 12 months
- Per square foot
- $302CA $494
- Days to sell
- 36
- Sold over asking
- 33%
- Listings with a price cut
- 32%
typical sale · 54 sold in 12 months
- Per square foot
- $244CA $561
- Days to sell
- 53
- Sold over asking
- 17%
- Listings with a price cut
- 28%
Multi-family (2–4 units): 40 sold, typical $502K
Townhouses: 6 sold, typical $334K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at 1.6 times the 2016 price
814 sales in the last year, against 1,577 in 2019 and a low of 750 in 2023. The typical sale went from $296K in 2016 to $464K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $450K buys in Chico
Check a listing against what Chico homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Chico are rarer than before the pandemic, but 16% fewer homes come up for sale
We read every month of Chico’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 814 sales.
If you’re buying in Chico
- Shop in August. It brings about 122 new listings a month, close to the busiest month, with fewer bidding wars (39% over asking).
- Some room to negotiate. 30% of listings cut their price, about as many as before the pandemic.
- Bid near asking. Buyers paid 99.1% of the list price on average; 31% paid over.
- You’ll usually have time. Only 40% of homes go under contract within two weeks; the typical one takes 36 days.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 137 a month), but April is the most competitive: 47% of April sales close over asking. July and August offer nearly as much choice with fewer homes bid up (41%). October has the least competition (35%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like California as a whole
| Chico now | 2017–19 | 2021 peak | CA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 31% | 43% | 56% | 36% |
| Gone within two weeksShare of homes under contract within 14 days | 40% | 49% | 65% | 31% |
| Listings with a price cutShare of homes for sale that cut their price | 30% | 28% | 28% | 24% |
| Price paid vs. askingAverage sale price ÷ list price | 99.1% | 100.4% | 101.4% | 99.7% |
| Days to sellMedian days from listing to contract | 36 | 27 | 15 | 44 |
178 homes for sale on a typical day
That’s 1.8 times the 2021 low (102), 16% fewer than in 2017–19 and well under 2012’s 304.
1 in 3 listings has cut its price
30% in the last year, against 28% in 2017–19 and 24% across California.
Since 2019, houses are up 24%, condos 31%
A house typically sold for $471K in the last year (714 sales), a condo for $274K (54).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Chico ranks 349th of 555 busy California markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Chico is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Chico home costs about $2,723 a month
Price: Chico’s typical sale, last 12 months. Property tax at Chico’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Chico is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 64.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $464K home, about $3,620 a year.
Taxes vs. neighborsSchools
The schools grade for Chico, from test results, graduation and how much students grow.
Schools in ChicoCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Paradise, Magalia, Thermalito, Corning and Oroville sell for less a square foot
The busier markets within 25 miles of Chico, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Chico | 814 | $464K | $298 | 31% | 36 |
| Paradise | 318 | $404K | $278 | 27% | 52 |
| Oroville | 169 | $286K | $212 | 30% | 61 |
| Magalia | 98 | $273K | $184 | 23% | 94 |
| Thermalito | 51 | $279K | $223 | 31% | 47 |
| Corning | 50 | $295K | $223 | 20% | 58 |
| Durham | 32 | $598K | $311 | 44% | 52 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Chico, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Chico. People who follow the town see it, and so do people comparing Chico with their own town. No commission, no listing fee.
Questions about buying a home in Chico
What do homes sell for in Chico, CA?
814 homes sold in the year to May 2026 at a typical $464K, $298 a square foot. Houses sold for about $471K, condos for about $274K.
Is Chico a buyer’s or seller’s market?
A seller’s market: 179 homes were for sale in May 2026 and 85 sold, about 2.1 months of supply. Buyers paid 99.1% of asking on average, and 30% of listings cut their price.
When is the best time to buy in Chico?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Chico?
About 0.8% of a home’s value a year. On a $464K home that’s near $3,620.
Where can I see homes for sale in Chico?
Zillow, Redfin, Realtor.com and Homes.com all carry Chico’s MLS listings; the search links above open each one filtered to Chico.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).