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Preforeclosure Homes in Chico, CA 95973

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Living in Chico, CA

Chico, CA, is a charming city known for its community-oriented atmosphere, beautiful parks like Bidwell Park, and vibrant downtown. It offers excellent educational institutions and recreational activities, making it a desirable place for families and individuals.

Current Market Conditions in Chico, CA

Chico's real estate market has shown resilience and growth in recent years, with an increasing demand for homes due to its desirable living conditions. The city's affordable housing, compared to California's larger urban centers, attracts many buyers seeking a balanced lifestyle.

In recent months, there has been a noticeable rise in home prices as buyers compete for limited inventory. The attractive outdoor lifestyle and robust educational opportunities contribute to a sustained interest in the Chico real estate market.

Home Value Estimator For Chico, CA

There are currently 35,739 real estate properties in Chico, CA, with a median automated valuation model (AVM) price of $445,112.00. 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 $518,394.00, with the most expensive house in Chico, CA, topping out at $66,595,236.00 and the cheapest home in Chico, CA, clocking in at $13,296.00. 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.

Chico, CA 95973 Preforeclosure Homes


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