Home prices
The median home in Chico costs $327,700. In comparison to nearby areas it is roughly $78,240 (31%) higher.It is roughly $110,200 (50%) higher in comparison to the rest of the nation, and compared to the city of Sacramento is about $9,200 (2%) lower.
Rents
The median rent in Chico is $1,100 per month. In comparison to other places in this area this is roughly $189 (20%) higher.In comparison to the rest of the country it is about $38 (3%) higher, and it is roughly $163 (12%) lower compared to the city of Sacramento.
Nearby places
Durham
Durham is Chico's neighbor to the south. The real estate prices there are substantially more expensive. Durham's median home value is $500,300, which comes out to $172,600 (34%) higher than Chico. Rent there is a bit more expensive. In Durham the median monthly rent is $1,433, which comes out to $333 (23%) higher than Chico.
Hamilton City
Hamilton City is about 9 miles west of Chico. Real estate prices there are significantly less expensive. The median home in Hamilton City costs $166,500, which comes out to $161,200 (96%) lower than Chico. The rent there is a lot less expensive. The median monthly rent in Hamilton City is $715, which is $385 (53%) lower than Chico.
Magalia
Magalia is approximately 10 miles northeast of Chico. The housing prices there are a lot less expensive. The median home in Magalia costs $172,900, which is $154,800 (89%) lower than Chico. Rents there are pretty similar. The median rent in Magalia is $1,058 a month, which comes out to $42 (3%) lower than Chico.
Concow
Concow is roughly 13 miles east from Chico. Real estate prices there are significantly less expensive. The median home in Concow is valued at $190,900, which comes out to $136,800 (71%) lower than Chico. Its rents are significantly less expensive. In Concow the median monthly rent is $760, which works out to $340 (44%) lower than Chico.
Stirling City
Stirling City is about 16 miles northeast from Chico. Its housing prices are substantially less expensive. The median home in Stirling City costs $216,700, which comes out to $111,000 (51%) lower than Chico. The rent there is a lot less expensive. In Stirling City the median monthly rent is $588, which works out to $512 (87%) lower than Chico.
