Chico, CA 95926 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Key Findings

1. The primary market signal is the median sold price 385,000, which represents recent transaction value; with the price year-over-year trend down and the market temperature described as neutral, this combination suggests slight downward pressure on realized prices rather than a market collapse.
2. Listing expectations exceed recent transactions: the median listing price 450,000 sits above the median sold price 385,000, which may indicate seller pricing above what buyers have recently paid and could create pricing friction until bids align with closed-sale levels.
3. Market liquidity appears slow: the median days on market 319 points to extended marketing periods and slower sales velocity, while the sample analysis indicates a relatively constrained active supply that may temper how quickly price adjustments settle into new equilibrium; treat this as cautious/balanced market behavior rather than a clear-side advantage.
4. Rental fundamentals show upward momentum with a median market rent 1,495 and a rent year-over-year trend up; combined with moderate interest rate pressure, this may support steady investor interest, though elevated seller/listing expectations could reduce near-term transaction volume.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.