Cities with the most expensive homes in the Chico metro area

Cities with the most expensive homes in the Chico metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.

The typical home value in the United States was $357,377 in February, 2.1% higher than the year before.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

Stacker compiled a list of cities with the most expensive homes in the Chico metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 14 cities and towns with data available were included in the list.

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#14. Stirling City, CA

- Typical home value: $126,802
- 1-year price change: -1.1%
- 5-year price change: -6.9%

#13. Palermo, CA

- Typical home value: $233,938
- 1-year price change: -2.1%
- 5-year price change: +4.6%

#12. Berry Creek, CA

- Typical home value: $238,799
- 1-year price change: -2.5%
- 5-year price change: -21.8%

#11. Clipper Mills, CA

- Typical home value: $243,258
- 1-year price change: -0.9%
- 5-year price change: +11.3%

#10. Magalia, CA

- Typical home value: $267,928
- 1-year price change: -0.3%
- 5-year price change: +4.3%

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#9. Oroville, CA

- Typical home value: $296,920
- 1-year price change: +0.3%
- 5-year price change: +15.6%

#8. Richvale, CA

- Typical home value: $300,755
- 1-year price change: -0.4%
- 5-year price change: +1.6%

#7. Paradise, CA

- Typical home value: $323,883
- 1-year price change: +1.4%
- 5-year price change: -32.2%

#6. Biggs, CA

- Typical home value: $335,294
- 1-year price change: +4.0%
- 5-year price change: +28.9%

#5. Gridley, CA

- Typical home value: $337,543
- 1-year price change: +3.0%
- 5-year price change: +30.1%

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#4. Bangor, CA

- Typical home value: $348,025
- 1-year price change: +3.1%
- 5-year price change: +10.3%

#3. Forest Ranch, CA

- Typical home value: $363,864
- 1-year price change: +0.0%
- 5-year price change: +8.0%

#2. Chico, CA

- Typical home value: $457,562
- 1-year price change: +0.7%
- 5-year price change: +14.6%

#1. Durham, CA

- Typical home value: $589,086
- 1-year price change: +1.0%
- 5-year price change: +16.4%