Chico, CA Foreclosures
How much do homes sell for in Chico, CA?
The average home price is currently $514,366.
In Chico, CA, how many homes are available?
There are currently 96 active home listings available in Chico.
What’s the average rental cost in Chico, CA?
The average rental price in Chico is $1,563.
What is the most expensive home in Chico?
The most expensive home sold in Chico had a price of $66,408,536.
What is currently the cheapest priced home in Chico, CA?
The cheapest home for sale in Chico is priced at $13,176.
Living in Chico, CA
Chico, CA, is a lively college town offering a unique blend of outdoor activities, cultural experiences, and a strong community spirit. With beautiful Bidwell Park, popular local eateries, and a thriving university presence, residents enjoy a diverse lifestyle. The city's commitment to sustainability and local businesses makes it an attractive place to live and invest.
Current Market Conditions in Chico, CA
Chico's real estate market has remained robust, with a diverse range of housing options catering to families, students, and professionals alike. Over the past few months, the market has shown signs of increased demand, particularly for single-family homes and rentals close to the university. The competitive pricing in the market reflects the city's desirability, drawing both investors and first-time homebuyers.
There is a notable trend toward redevelopment and revitalization in sections of downtown Chico, which has contributed to increased property values. Investors are showing interest in commercial properties, especially in the wake of expanding amenities and infrastructure projects.
Home Value Estimator For Chico, CA
There are currently 35,762 real estate properties
in Chico, CA,
with a median automated valuation model (AVM) price
of $443,069.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Chico, CA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Chico, CA,
is $514,366.00, with the most expensive house
in Chico, CA, topping out
at $66,408,536.00 and the cheapest home
in Chico, CA,
clocking in at $13,176.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Chico, CA!
Rent Prices
In Chico, CA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Chico, CA, is on
a rollercoaster ride. The
average rent price in Chico, CA,
is $1,563.00. Indeed, when looking to rent in
Chico, CA, you can expect to pay as little
as $600.00 or as much
as $4,720.00,
with the average rent median estimated to
be $1,540.00. The good news is that finding
an affordable and desirable property to rent in Chico, CA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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