Butte County, California Housing Market

In Butte County, California, the median home value is $424,700, with a median monthly rent of $1,414. This places Butte County at #244 nationally out of 3134 counties by median home value, and #35 within California.

Median Home Value $424,700
Median Rent $1,414/mo
Owner Occupancy 57.3%
Price/Rent Ratio 25.0

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Butte County rose +0.5% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

62,412
jobs (private sector)
  • Avg weekly wage: $1,106
  • Establishments: 8,516
  • BLS QCEW, 2025
🏗️

Housing Supply

997
new units authorized (2025)
  • Single-family: 662
  • Multi-family: 335
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+2483
net migration (filers, 2021-2022)
  • Inflow: 78,020 (avg $78,709)
  • Outflow: 75,537 (avg $79,172)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Butte County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 95917 306.2 -12.78% 2025
2 95965 335.4 +6.49% 2025
3 95948 356.3 +6.33% 2025
4 95966 308.3 -2.26% 2025
5 95938 296.7 +1.27% 2025
6 95942 216.1 -2.15% 2025
7 95973 283.2 +1.23% 2025
8 95954 233.4 +3.13% 2025
9 95901 347.2 +1.18% 2025
10 95928 289.1 -0.43% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Butte County Compares

MetricButte CountyCalifornia AverageU.S. Average
Median Home Value $424,700 $609,221 $227,706
Median Gross Rent $1,414 $1,690 $968
Owner Occupancy Rate 57.3% 63.4% 73.3%
Price/Rent Ratio 25.0 28.5 18.7

Market Analysis

The median home value in Butte County is 30.3% below the California state average and 86.5% above the U.S. national average. The median rent of $1,414/month is 16.3% below the state average.

With a price-to-rent ratio of 25.0, Butte County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Butte County has an owner-occupancy rate of 57.3%, compared to 63.4% in California and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Walton County Florida $425,100 $1,741
Yavapai County Arizona $425,200 $1,351
Klickitat County Washington $425,300 $1,105
Juab County Utah $425,400 $907
Worcester County Massachusetts $423,700 $1,426

Other Counties in California

CountyMedian Home ValueMedian RentOwner Occ.
Tuolumne County $433,200 $1,302 73.9%
Sutter County $433,500 $1,439 61.3%
Yuba County $412,300 $1,311 63.5%
Humboldt County $446,900 $1,287 56.5%
Amador County $449,800 $1,421 80.4%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).