Market Overview
Home Prices in Chico, CA
The median home value in Chico, CA is $469,145 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.6% compared to a year ago and up 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Chico are priced14% above average. Chico is part of the Chico, CA metro area.
Over the past five years, Chico home values have risen by approximately3.8%, reflecting modest growth in this market.
Price History
Chico Home Price Trend
2020
$405,449
$405K
—
2021
$451,967
$452K
+11.5%
2022
$498,896
$499K
+10.4%
2023
$466,307
$466K
-6.5%
2024
$464,864
$465K
-0.3%
2025
$466,453
$466K
+0.3%
2026
$469,145
$469K
+0.6%
City Comparison
Chico vs. National Median
🏠 Chico
$469,145
National Median
$410,000
At $469,145, homes in Chico cost 14% above the national median of $410,000. Buyers in Chico should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Chico?
20% Down Payment
$93,829
on $469,145
Monthly P&I
$2,447/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,108/mo
incl. taxes & insurance
Income Needed
$124,320
gross annual (30% rule)
10% Down Option
$46,915
+ PMI applies
Loan Amount (20% dn)
$375,316
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Chico, CA?
The median home value in Chico is $469,145 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.6% year-over-year.
How much have home prices changed in Chico?
Over the past year, home values in Chico have increased by 0.6%. Over five years, prices have risen approximately 3.8%.
How much do I need to earn to buy a home in Chico?
To comfortably afford the median home price of $469,145 with a 20% down payment ($93,829) at today's rates (6.8%), you'd need a gross annual income of approximately $124,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Chico compare to the national average home price?
The national median home value is approximately $410,000. At $469,145, homes in Chico are 14% above the national average.
What metro area is Chico part of?
Chico is part of the Chico, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.