Chico, CA home prices
Typical home $394,069 · +0.2% in a year · income needed $109,100
The Chico, CA metro area ranks 156 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +0.2% in a year and +0.3% over five years. With 20% down at 7.11%, the typical home costs about $2,546 a month including 0.69% property tax (Butte County rate).
Mortgage on the typical Chico home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $78,814 | $315,255 | $2,121 | $0 | $425 | $2,546 | $109,100 |
| 10% down | $39,407 | $354,662 | $2,386 | $148 | $425 | $2,959 | $126,800 |
| 5% down | $19,703 | $374,366 | $2,518 | $156 | $425 | $3,100 | $132,800 |
| 3.5% down (FHA) | $13,792 | $386,932 | $2,603 | $174 | $425 | $3,202 | $137,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.69% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Chico area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Butte County, CA | $394,052 | +0.2% | 0.69% |
What can you afford in California on your salary? · California home prices · Salaries in California
Frequently asked questions
How much is a house in Chico?
The typical home in the Chico, CA metro area is worth $394,069 (Zillow, September 2026).
What salary do you need to buy a house in Chico?
About $109,100 a year for the typical home with 20% down at 7.11%.