Market Intelligence Report — CA-020

Chico, CA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-CA-07
As of the latest 2026 data
Cooling

Median Listing

$435K
+0.7% YoY

Pending Ratio

0.34
+1.7% YoY

Active Inventory

611
-1.1% YoY

Median DOM

60 Days
-5.5% YoY

Primary Intelligence Tool — Sold Score™

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The Chico market is exhibiting cooling conditions, characterized by a pending ratio of 0.34. This indicates demand absorption is currently lagging behind available supply, influencing market dynamics.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

5.9%-0.5 pp YoY

Unemployment rate · Jun 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

209,211+0.3% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Chico market right now.

Active listings have shown a modest contraction of 1.1% year-over-year, alongside a 5.9% year-over-year increase in new listings. Median listing prices have experienced a minor year-over-year appreciation of 0.7%, while the median days on market decreased by 5.5% over the past year. The pending ratio has registered a 1.7% year-over-year increase, though from a low base.

Historical Analysis

Market Trends

Median Price

$435K-1.0% MoM

Active Inventory

611-1.1% YoY

Days on Market

60-5.5% YoY

Sold Score™

46+1.7% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

46
Aug 23Jul 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Aug 23Jul 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Aug 23Mar 24Oct 24May 25Dec 25Jul 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.34, the pace of transactions suggests properties remain on the market for extended periods. This environment places less immediate pressure on sellers, allowing for greater price discipline, while buyers may find more opportunities for negotiation due to the inventory dynamics.

Luxury Segment

The average listing price has risen by 4.2% year-over-year, contrasting with a marginal decline of 0.5% in median price per square foot. This divergence, coupled with a notable average-versus-median spread, suggests some softness or recalibration within the higher price tiers of the market.

Supply Dynamics

611 active listings represent the current floor, with new supply arriving at roughly 214 per month.

Pricing Pressure
20.1%

of active listings carry a price reduction, -4.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -0.5% year-over-year.

Absorption
0.34

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Chico, CA? Homes here are taking 3 days less to sell than last year.

Buyers have leverage in Chico, CA. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
34%
Median Days on Market
60 days
Inventory YoY
−1%

In a buyer's market, strategy beats timing. See how your home scores in Chico, CA and what moves the number.

See my Sold Score & selling strategy

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The Monthly Briefing

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Metro Demographics

Metro Area
Chico, CA
CBSA Code
17020
State
CA

ZIPs in Chico, CA

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Chico?+

    As of the latest 2026 data, the Chico metro is classified as Cooling. Pending ratio is 0.34 with median days on market at 60.

  • Are home prices dropping in Chico?+

    Median listing price is $435K, +0.7% year over year. 20.1% of active listings carry a price reduction.

  • How fast are homes selling in Chico?+

    The typical listing sits 60 days on market, a -5.5% change YoY. New listings are arriving at 214 per month.

  • What's happening in the Chico luxury market?+

    The average listing price has risen by 4.2% year-over-year, contrasting with a marginal decline of 0.5% in median price per square foot. This divergence, coupled with a notable average-versus-median spread, suggests some softness or recalibration within the higher price tiers of the market.

  • Where can I find a trusted Chico real estate expert?+

    Primpted maintains a vetted registry of Chico agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 17020 · 36mo history