Home Values

Chico Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$268,200

  • 4.3% 1-year change
  • 2.9% 1-year forecast

The median home value in Chico is $268,200. Chico home values have gone up 4.3% over the past year and Zillow predicts they will rise 2.9% within the next year. The median list price per square foot in Chico is $178, which is higher than the Chico Metro average of $151. The median price of homes currently listed in Chico is $280,200 while the median price of homes that sold is $284,000.

Foreclosures will be a factor impacting home values in the next several years. In Chico 2.8 homes are foreclosed (per 10,000). This is lower than the Chico Metro value of 4.8 and also lower than the national value of 4.2

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Chico is 4.1%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Chico homeowners underwater on their mortgage is 15.1%, which is lower than Chico Metro at 19.2%.

Read more
Relative ZHVI
- +

Chico Market Overview

Data through Nov 30, 2014
  • $268,200 ZHVI
  • 2.9% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $280,200 Median listing price
  • $284,000 Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Chico Market Health

Data through Nov 30, 2014
  • 4.8/10 Stable
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 15.1% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 4.1% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

2.8 homes Chico
4.8 homes Chico Metro
4.2 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI
Durham $387,300
Forest Ranch $276,800
Paradise $197,200
Name Median ZHVI
Magalia $163,100
Oroville $161,300
Corning $134,300
Name Median ZHVI
Los Molinos $132,000
 
 

Listings & Sales

Data through Nov 30, 2014
  • $178 Median list price / sq ft
  • $183 Median sale price / sq ft
  • No data Listings with price cut
24.5%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Chico Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,391 Chico
    $1,235 Chico Metro
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • $0.97 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading