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Preforeclosure Homes in Chico, CA

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Chico, CA Foreclosures

How much do homes sell for in Chico, CA?
The average home price is currently $515,471.
In Chico, CA, how many homes are available?
There are currently 43 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 $66,044,212.
What is currently the cheapest priced home in Chico, CA?
The cheapest home for sale in Chico is priced at $13,110.

Living in Chico, CA

Chico, California, is a vibrant city in Butte County known for its rich agricultural heritage and strong sense of community. With its lush parks and proximity to the Sierra Nevada foothills, residents enjoy a unique blend of suburban and outdoor lifestyle. The city features a diverse economy, excellent schools, and a wide range of cultural attractions, making it an ideal place for families and young professionals alike.

Current Market Conditions in Chico, CA

The Chico real estate market has shown steady growth, with an increasing demand for homes due to the city's quality of life and educational opportunities. Currently, there is a balanced inventory of homes, attracting both first-time buyers and investors looking for rental properties.

The rental market in Chico has remained robust, with rental rates increasing as more individuals and families move into the area for its affordable living and community-oriented vibe. Over the last year, the market has seen a trend towards multi-family units and townhomes, as more professionals are looking for lower-maintenance living options.

Home Value Estimator For Chico, CA

There are currently 35,770 real estate properties in Chico, CA, with a median automated valuation model (AVM) price of $444,547.00. 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 $515,471.00, with the most expensive house in Chico, CA, topping out at $66,044,212.00 and the cheapest home in Chico, CA, clocking in at $13,110.00. 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 Preforeclosure Homes


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