Chico Housing Market Report – July 2026
Here's a look at how the Chico, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 120
- Median Sale Price: $444,000
- Average Sale Price: $434,480
- Average Price Per Sq Ft: $260
- Average Days on Market: 79
- Sale-to-List Price Ratio: 99.3%
Month-Over-Month Trends
Compared to June, the median sale price in Chico moved 20.4% down (from $557,500 to $444,000). The number of homes sold was 20.5% down compared to the prior month (151 vs. 120). Average days on market shifted 1.2% down (80 days to 79 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 4.1% down (from $463,000 to $444,000). Sales volume is 1.7% up year-over-year.
What This Means
Chico's housing market is showing signs of cooling momentum as summer peaks. July saw a notable dip in both sales volume and median prices compared to June, with homes selling for about 20% less than last month's $557,500 median. While this drop sounds dramatic, it's worth noting that June may have represented a seasonal peak rather than a sustainable baseline. The good news for buyers is that homes are still moving relatively quickly at 79 days on market, and sellers are getting nearly full asking price at 99.3% of list price, suggesting the market remains reasonably balanced despite the pullback.
The year-over-year comparison tells a more reassuring story for the local market. The median price of $444,000 is only down 4.1% from a year ago, and sales volume has actually ticked up slightly, indicating the market isn't experiencing a dramatic crash. The current inventory of 470 active listings—with properties sitting an average of 128 days—suggests there's adequate supply without being oversaturated. The typical buyer pool here, likely drawn by Chico's college presence and regional appeal, continues to show up even as interest rates and affordability pressures persist statewide.
Chico Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95973 | 50 | $473,500 | $251 | 85 |
| 95926 | 39 | $420,000 | $263 | 63 |
| 95928 | 31 | $450,000 | $272 | 90 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 85 | $480,000 | $304 |
| MOBILE | 15 | $77,500 | $61 |
| CONDOS | 9 | $200,000 | $199 |
| MULTI_FAMILY | 6 | $492,500 | $192 |
| LAND | 4 | $211,000 | N/A |
| TOWNHOMES | 1 | $198,000 | $219 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 10 |
| $100K - $199K | 13 |
| $200K - $299K | 8 |
| $300K - $399K | 18 |
| $400K - $499K | 29 |
| $500K - $749K | 34 |
| $750K+ | 8 |
Current Active Listings
As of this report, there are 470 active listings in Chico with a median asking price of $452,000 and an average of 128 days on market.
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