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Market Intelligence · CA / Butte County

Chico, CA home prices and housing market

3 ZIP markets liveData updated September 2026Typical value$453K1-yr changeUp0.3%

The typical home value in Chico, CA is $453K as of September 2026, up 0.3% from a year ago, based on the Zillow Home Value Index. In the typical Chico ZIP code, the median list price is $492K and homes spend a median of 58 days on market as of September 2026 (Realtor.com).

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The coverage

Chico, by the numbers.

Typical home valueZillow ZHVI, September 2026
$453K
1-yr changeMedian across Chico ZIPs
+0.3%
ZIP markets live6 tracked in Chico
3
County
Butte County

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12-month value trend

+0.3% over 12 months

Typical home value in Chico over the last 12 months: $451K in Sep 2025 to $453K in Sep 2026 (+0.3%).

Sep 2025$451K

Sep 2026$453K

Median Zillow home value index across Chico's ZIP codes.

Context

Chico's citywide market looks steady rather than heated. The typical home value was $453,028 in September 2026, up 0.3% over the past year, while the median list price stood at $492,450. Inventory included 222 homes for sale and 96 new listings in September 2026. Homes took a median 58 days to sell, and 27.6% of listings had a price cut. For a homeowner deciding whether to sell, the data points to a market with room to sell but little tolerance for overpricing.

The numbers

What is the housing market like in Chico, CA?

Typical home value

$453K

Up0.3%YoY

Median list price

$492K

Days on market

58

Homes for sale

222

Price cuts

27.6%

New listings

96

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Chico's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Chico, CA home prices over time

Typical home values in Chico, CA are up 0.3% over the past year, from $451K in September 2025 to $453K in September 2026.

Typical home value in Chico, CA, September of each year
MonthTypical value1-yr change
September 2026$453,028+0.3%
September 2025$451,461No prior year

Typical value is the median Zillow Home Value Index across Chico ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Chico, CA a buyer's or seller's market?

Chico, CA leans toward a buyer's market.

A large share of listings have cut their asking price, which gives buyers more room to negotiate.

Based on a median of 58 days on market and 28% of listings with a price cut in the typical Chico ZIP code, and 96 new listings against 222 active listings across Chico, as of September 2026 (Realtor.com).

The outlook

Chico housing market forecast 2027

-0.6%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 3 Chico ZIP codes, points to typical home values falling 0.6% by September 2027.

Over the 12 months through September 2026, typical home values in Chico rose 0.3%, per the Zillow Home Value Index.

Will home prices drop in Chico?

The forecasts point that way: a weighted average of Zillow's ZIP forecasts for Chico shows typical home values falling 0.6% by September 2027, after a 0.3% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 3 Chico ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Chico?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 6 Chico ZIP codes in total; the remaining 3 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Chico, CA home prices.

How much is a home in Chico worth?

The typical home value in Chico was $453,028 as of September 2026, up 0.3% over the past year. That is a citywide typical value, not the value of any one home.

Are homes selling quickly in Chico?

Homes had a median 58 days on market as of September 2026, and 27.6% of listings showed a price cut. That suggests buyers have some room to compare options.

How much competition is there among Chico sellers?

There were 222 homes for sale and 96 new listings as of September 2026, with a median list price of $492,450.

Are home prices going up or down in Chico, CA?

Typical home values in Chico, CA are up 0.3% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Chico, CA a buyer's or seller's market?

Chico, CA leans toward a buyer's market. A large share of listings have cut their asking price, which gives buyers more room to negotiate. Based on a median of 58 days on market and 28% of listings with a price cut in the typical Chico ZIP code, and 96 new listings against 222 active listings across Chico, as of September 2026 (Realtor.com).

How long do homes take to sell in Chico, CA?

In the typical Chico ZIP code, homes spend a median of 58 days on market as of September 2026, based on Realtor.com listing data. Pricing and condition decide how fast any one home sells, so treat the median as a benchmark rather than a promise.

Nearby markets

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