The story of this market
The typical home in ZIP 95941 sells for about $499,000, or $303 per square foot.
Prices are up +1.96% from a year ago, so sellers still have some momentum. Homes take about 76 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,850 a month.
ZIP 95941 — Forbestown
The Chico housing market shows signs of stabilization with a median sale price of $499,000. While inventory remains constrained, sales volume has seen a slight increase year-over-year, reflecting a balanced but competitive environment for buyers.
Median prices moved up 2.0% year over year.
Homes spend a median of 76 days on market with 1.3 months of supply — a fast-moving market.
24% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 18.0% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 95941, Butte County, CA
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%).
Data retrieved from ZCTA-level census profiles.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.