Market Intelligence Report — CA-020

Chico, CA

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

Ref. No: 2026-CA-09
As of the latest 2026 data
Cooling

Median Listing

$429K
+1.7% YoY

Pending Ratio

0.27
-4.9% YoY

Active Inventory

662
+1.9% YoY

Median DOM

67 Days
-1.5% YoY

Primary Intelligence Tool — Sold Score™

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The Chico housing market is experiencing a cooling trend. The pending ratio stands at 0.27, reflecting a significant decline from the previous year. Active listings have seen a modest increase of 1.9% year-over-year, contributing to the shift in 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

6.2%-0.2 pp YoY

Unemployment rate · Aug 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.

Inventory levels remain relatively stable, with active listings up 1.9% and new listings increasing by 11.0% year-over-year. The median listing price has shown marginal appreciation, rising 0.7% month-over-month and 1.7% year-over-year. However, the pending ratio of 0.27 indicates that demand absorption is decelerating, declining by 4.9% compared to the prior year. Median days on market have slightly decreased year-over-year, yet a notable portion of listings (23.9%) have undergone price reductions.

Historical Analysis

Market Trends

Median Price

$429K+0.7% MoM

Active Inventory

662+1.9% YoY

Days on Market

67-1.5% YoY

Sold Score™

38-4.9% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

38
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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

Negotiating leverage is shifting as the pace of sales slows, evidenced by a pending ratio of 0.27. While inventory pressure is not acutely high, the increase in new listings coupled with slower absorption provides more latitude for price discipline. The share of price-reduced listings suggests that some sellers are adjusting expectations.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

662 active listings represent the current floor, with new supply arriving at roughly 222 per month.

Pricing Pressure
23.9%

of active listings carry a price reduction, +0.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -0.1% year-over-year.

Absorption
0.27

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Chico, CA? Buyer Demand Index is running at 27%.

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
27%
Median Days on Market
67 days
Inventory YoY
+2%

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

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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