The housing in 95973 Chico, CA has a median value of $497,700. This is significantly higher than the US House Median Value of $338,100. While the US has seen a one year house appreciation rate of 8.27%, the appreciation in Chico was much lower at 3.09%. These figures suggest that Chico's housing market is strong compared to the national average and may be driven by factors such as job growth or affordability. Despite this, it is still a slightly weaker market than usual, with appreciation only being half that of the national average.
The median home cost in Chico (zip 95973) is $497,700. Home appreciation the last 10 years has been 129.9%. Home Appreciation in Chico (zip 95973) is up 9.0%.
Average Age of Homes
- The median age of Chico (zip 95973) real estate is 30 years old
The Rental Market in Chico (zip 95973)
- Renters make up 39.4% of the Chico (zip 95973) population
- 1.4% of houses and apartments in Chico (zip 95973), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.