Chico Housing Market Report – March 2026
Here's a look at how the Chico, CA real estate market performed in March 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 69
- Median Sale Price: $445,000
- Average Sale Price: $476,664
- Average Price Per Sq Ft: $270
- Average Days on Market: 87
- Sale-to-List Price Ratio: 98.3%
Month-Over-Month Trends
Compared to February, the median sale price in Chico moved 2.4% up (from $434,750 to $445,000). The number of homes sold was 19.0% up compared to the prior month (58 vs. 69). Average days on market shifted 8.8% up (80 days to 87 days).
Year-Over-Year Comparison
Compared to March 2025, the median sale price is 0.2% up (from $444,000 to $445,000). Sales volume is 33.0% down year-over-year.
What This Means
Chico's housing market is showing mixed signals as spring arrives. Sales volume jumped nearly 19 percent month-over-month, which looks encouraging on the surface, but that surge comes largely from normal seasonal uptick—March typically sees more activity than February. More telling is the year-over-year comparison: we're down a third in sales volume compared to March 2025, suggesting the underlying demand has weakened considerably. That said, prices have remained remarkably stable, with the median hovering around $445,000 and barely budging year-over-year. This stability, combined with homes selling at 98.3 percent of list price, indicates a market where supply and demand are relatively balanced rather than skewed toward buyers or sellers.
The real story is in the inventory picture. With 341 active listings on the market, sellers are facing stiff competition. Homes are sitting for an average of 124 days before finding a buyer—well above the typical 87-day selling window. This suggests that while Chico hasn't collapsed into a buyer's market, it's definitely shifted away from the seller-friendly conditions of recent years. For anyone considering selling, the message is clear: pricing aggressively and preparing a competitive property will be essential in a slower market.
Chico Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95973 | 27 | $451,000 | $248 | 80 |
| 95928 | 26 | $424,500 | $288 | 118 |
| 95926 | 16 | $457,500 | $279 | 49 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 54 | $463,950 | $297 |
| MOBILE | 7 | $82,500 | $64 |
| CONDOS | 4 | $312,760 | $260 |
| MULTI_FAMILY | 3 | $525,000 | N/A |
| LAND | 1 | $150,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 6 |
| $100K - $199K | 3 |
| $200K - $299K | 5 |
| $300K - $399K | 10 |
| $400K - $499K | 24 |
| $500K - $749K | 15 |
| $750K+ | 6 |
Current Active Listings
As of this report, there are 341 active listings in Chico with a median asking price of $478,000 and an average of 124 days on market.
Thinking About Selling Your Chico Home?
If you're a homeowner in Chico considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Chico and throughout the Central Valley — get a no-obligation cash offer today.
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