$2,314 Closing Credit*
$194,900
1,720 SqFt
3 Beds
•2 Full Baths
Julie Rolls, Listing Office: Re/Max of Chico
Is 96055, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 96055 was a Seller's Market.
Key Takeaway
96055 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 96055, CA
How much do homes in 96055, CA cost?
Median Sold Price
$428,500
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$94,500(+28.3%)
Key Takeaway
Homes in 96055 have sold for 28.3% more than they did a year ago.
Summary: The median home sold price in 96055 was $428,500 in October 2024, up 28.3% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | $181.5K | +126.9% |
| 2 Bedrooms | $245K | $173K | -29.4% |
| 3 Bedrooms | $340.5K | $428.5K | +25.8% |
| 4 Bedrooms | $617K | $587K | -4.9% |
| 5+ Bedrooms | - | $575K | N/A |
Summary: 96055 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 126.9%, 2 bedroom homes decreased by 29.4%, 3 bedroom homes increased by 25.8%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 96055 | $334K | $428.5K | +28.3% |
| 95973 | $470K | $505K | +7.4% |
Housing Supply in 96055, CA
How many homes are available in 96055, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Summary: The 96055 real estate market had 6 homes for sale in October 2024, a 14.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 96055 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 96055, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 96055 in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 96055, CA
How long does it take to sell a home in 96055, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 61 Days | 26 Days | -57.8% |
Summary: Homes in 96055 had an average of 26 days on market in Oct 2024, down by 57.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 96055 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in 96055; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
The listings on this site are displayed courtesy of the IDX program of Shasta Association of REALTORS and may not be the listings of the site owner. All information is deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.