Real Estate Market Update for Chico, CA
Welcome to January's Market Update. Let’s take a look at residential real-estate activity in your area during the month of December. The number of active listings was down 27% from one year earlier, and down 20% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 330-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 16%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 290-thousand dollars. The number of units sold increased 29% year-over-year, and increased 49% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Chico, CA
Area Information for Chico, CA
  • Population: 87,706
  • Median Age: 31.15 yr
  • Median Commute Time: 17 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 2,664/sq mi
  • Population Change Since 2000: 13.2%
  • Closest Airport: Chico Municipal
  • Closest College: California State University At Chico
  • Closest Jr. College: Butte College
  • Median Household Income: $45,126
  • Annual Residential Turnover: 30%
  • Median Home Sales Price: $250,500
  • Closest Major Sports Team: Sacramento Kings
  • Change Avg. Household Income Since 2000: 40.6%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Chico, CA
Median Age: 31.15 Married: 30% Number of Households: 35,451 Households with Children: 8,262
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Chico, CA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Pleasant Valley Baptist School 2.5 mi Private K-12 0 4
      Shasta Elementary School 3.1 mi Public K-6 3-5 5
      Core Butte Charter School 3.4 mi Public K-12 3-5 4
      Montessori Elementary School 3.7 mi Private K-7 0 5
      Mcmanus (john A.) Elementary School 4.1 mi Public K-6 2-5 2
      Fair View High (continuation) School 4.2 mi Public 7-12 0 4
      Alternative For Change 4.2 mi Public 7-12 0 0
      Center For Alternative Learning 4.2 mi Public 6-12 0 0
      Academy For Change 4.2 mi Public 7-12 0 0
      Wildflower Open Classroom School 4.3 mi Public K-8 3-5 0
      Bidwell Junior High School 4.3 mi Public 7-8 3-5 3
      International Christian School 4.4 mi Private K-12 0 0
      Pleasant Valley High School 4.5 mi Public 9-12 4-5 3
      Blue Oak Charter School 4.6 mi Public K-8 2-5 4
      Marigold Elementary School 4.7 mi Public K-6 3-5 4
      Loma Vista School 4.7 mi Public PRESCHOOL-12 0 4
      Neal Dow Elementary School 5.0 mi Public K-6 3 4
      Chico Oaks Adventist School 5.2 mi Private K-8 0 5
      Sierra View Elementary School 5.3 mi Public K-6 4-5 4
      Hooker Oak Elementary School 5.4 mi Public K-8 3 5
      Sherwood Montessori School 5.4 mi Public K-8 3 4
      King's Christian School 5.4 mi Private PRESCHOOL-6 0 5
      Rose Scott Learning Community 5.6 mi Private 1-11 0 0
      Citrus Avenue Elementary School 5.6 mi Public K-6 2-5 2
      Inspire School Of Arts And Sciences 5.8 mi Public 9-12 5 4
      Chico High School 5.8 mi Public 9-12 4-5 3
      Parkview Elementary School 5.9 mi Public PRESCHOOL-6 3-5 4
      Chico Montessori Children's House 5.9 mi Private PRESCHOOL-K 0 0
      Nord Country School 5.9 mi Public K-6 2-5 5
      Emma Wilson Elementary School 5.9 mi Public K-6 3-5 5
      Chico Junior High School 6.0 mi Public 7-8 3-5 3
      Pivot Charter School North Valley 6.0 mi Public K-12 0 0
      Marsh (harry M.) Junior High School 6.4 mi Public 7-8 4 4
      Notre Dame School 6.5 mi Catholic K-8 0 5
      Rosedale Elementary School 6.6 mi Public K-6 3 4
      Little Chico Creek Elementary School 6.7 mi Public K-6 3-5 4
      Oakdale School 6.7 mi Public K-12 0 4
      Chico Country Day School 6.7 mi Public K-8 4 5
      Chapman Elementary School 6.8 mi Public K-6 2 4
      Butte County Rop School 7.6 mi Public 9-12 0 0
      Progressive Schoolhouse, The 7.7 mi Private - 0 0
      Zanella Academy 8.2 mi Private 2-12 0 0
      Chico Christian 8.4 mi Private K-8 0 5
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Chico, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.