Chico Housing Market Report – June 2026
Here's a look at how the Chico, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 114
- Median Sale Price: $480,000
- Average Sale Price: $521,295
- Average Price Per Sq Ft: $287
- Average Days on Market: 79
- Sale-to-List Price Ratio: 99.2%
Month-Over-Month Trends
Compared to May, the median sale price in Chico moved 1.7% up (from $472,190 to $480,000). The number of homes sold was 10.9% down compared to the prior month (128 vs. 114). Average days on market shifted 8.1% down (86 days to 79 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 15.0% up (from $417,500 to $480,000). Sales volume is 14.9% down year-over-year.
What This Means
Chico's housing market is showing resilience despite a slowdown in transaction volume this month. The median price climbed to $480,000, marking a solid 1.7% gain from May and a 15% year-over-year increase. This sustained price appreciation suggests that seller confidence remains intact and that demand, while cooling, continues to support values. The slight gap between median and average prices points to a healthy mix of properties across different price points, though the single-family dominated inventory reflects typical market composition for the area.
What's most encouraging for both buyers and sellers is the improvement in market efficiency. Average days on market dropped to 79 from 86 days, and homes are selling at 99.2% of asking price, indicating surprisingly balanced conditions for a college town market. However, sales volume declined 10.9% month-over-month, and the 431 active listings suggest inventory is building relative to buyer activity. This gives buyers slightly more negotiating room than they've had recently, though prices aren't dropping.
The takeaway: Chico remains a seller's market, but a moderating one. If you're buying, the slower pace means more selection and potentially less competition. If you're selling, it's still a favorable environment, but homes aren't flying off the shelf like they were earlier in the year.
Chico Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95973 | 50 | $497,000 | $298 | 99 |
| 95928 | 33 | $435,500 | $266 | 75 |
| 95926 | 31 | $459,000 | $292 | 54 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 96 | $497,000 | $308 |
| MOBILE | 8 | $126,500 | $96 |
| LAND | 4 | $787,500 | N/A |
| MULTI_FAMILY | 3 | $405,000 | N/A |
| OTHER | 2 | $87,500 | $82 |
| CONDOS | 1 | $205,000 | $207 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 6 |
| $100K - $199K | 5 |
| $200K - $299K | 6 |
| $300K - $399K | 11 |
| $400K - $499K | 36 |
| $500K - $749K | 35 |
| $750K+ | 15 |
Current Active Listings
As of this report, there are 431 active listings in Chico with a median asking price of $449,000 and an average of 132 days on market.
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