Chico, TX—76431
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Chico, TX
As of Oct '25, the median home price in Chico, TX is $341,000, with a year-over-year change of -3.5%. This indicates that home prices in Chico, TX are decreasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $341,000 | -3.5% |
| Single Family | $340,000 | -3.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $335,000 | -2.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Chico, TX
As of July '25, Rentcast reports the average rent in Chico, TX is $4,300, with a year-over-year rent change of 352.6%. Per bedroom, the median rent as of July '25 in Chico, TX is 4-bedrooms: $4,300. The most common rental property sizes in Chico, TX are 3-bedroom and 4-bedroom, accounting for 41.4% and 24.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $5,400 | $4,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $5,400 | $4,300 |
% of Rental Stock
Property Listings — Chico, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Chico, TX is 110. This is a decrease of -12.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $621,000 | 32.0% |
Listing Count | 45 | 35.0% |
| Listings as % of Homes | 0.9% | 35.0% |
Days on Market | 110 | -12.0% |
Demographics — Chico, TX
As of the latest ACS Survey released in 2023, Chico, TX has a population of 4,480, which has increased by 31.2% over the past 5 years. Chico, TX is a popular place for families, as children make up 26.4% of the population. The area has a poorly educated workforce, with 18.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,480 | 31.2% |
% Under 18 | 26.4% | -14.8% |
% Seniors | 17.5% | 28.7% |
% WFH | 17.9% | 251.0% |
% w/ College Degree | 18.9% | 57.5% |
As of the latest ACS Survey released in 2023, Chico, TX is a predominantly white area, with 81.8% of the population identifying as white. The white population has grown by 8.8% in the last 5 years. The second most common race or ethnicity in Chico, TX is hispanic, making up 14.7% of the population. Foreign-born residents account for 9.4% of the population in Chico, TX, and this percentage has increased by 40.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 81.8% | 8.8% |
% Black | 0.9% | -25.0% |
% Hispanic | 14.7% | -36.9% |
% Asian | 2.5% | ∞% |
% Foreign Born | 9.4% | 40.3% |
Mortgage and Risk — Chico, TX
According to HUD data as of 2023, there were 59 mortgage originations in Chico, TX, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Chico, TX. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 59 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 2.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Chico, TX
Chico, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,030 |
| 2 Bedroom | N/A | N/A | $1,220 |
| 3 Bedroom | N/A | N/A | $1,710 |
| 4 Bedroom | -$3,450 | $5,400 | $1,950 |
Affordability — Chico, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $341,000 |
| Median Household Income | $83,000 |