With 5,742 residents, South Oroville is a larger than average city in California. Also, with 1,937.0 people per square mile, it has a higher than average density in comparison to other parts of the state. It should be noted that 44.5% of the homes in South Oroville are owned, while 45.7% are rentals. Topping the list of best schools in the city is Las Plumas High School.
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$165K  
There were four home sales in the South Oroville market over the last 30 days. In comparison, nearby Chico had 108 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices went up in South Oroville, with the median for this period rising from $105,000 to $108,873. South Oroville is still a definite buyer's market, due to the availability of eight months of remaining inventory, even after the uptick in sales.
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$287K  
The South Oroville market remained sluggish this week as sales dropped 25.0% to land at three homes sold over the last 30 days. Meanwhile, close-by Chico reported 102 homes sales, the highest number from all the surrounding cities. Prices are rising in South Oroville, and the median sales price this period increased from $103,750 to $105,000. With decreasing sales and the availability of nine months of inventory, South Oroville is a solid buyer's market.
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$170K  
The South Oroville market pulled back with a 55.6% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 6.0 monthly average with four homes sold. Meanwhile, close-by Chico reported 111 homes sales, the highest number from all the surrounding cities. Months of inventory continued a steady fall, trending downwards for four weeks to reach seven months. South Oroville is a definite buyer's market, due to the large amount of inventory left and aided by the dip in sales.
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$287K  
Despite an 18.2% reduction in sales over the last 30 days, the South Oroville market extended a three-week hot streak with a total of nine homes sold in that span. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Potential buyers should note that prices are coming down in South Oroville, and for this period the median sales price slid from $102,500 to $82,500. In spite of the decrease in sales, a low three months of inventory signals that South Oroville is a seller's market.
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The population of South Oroville is much less affluent than average compared to others in California with a median income of $26,316 per household. It's also considered a much less expensive city in terms of affordability with a cost of living adjustment score of 97.1. South Oroville is made up of homes that are considered older than most with a median of 40 years. The best school in the city is Las Plumas High School.
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$289K  
The South Oroville market has established a recent upward trend, even as sales remained the same this week at 11 homes over the last 30 days. The median sales price climbed to $102,500, up from last week's $82,500. In spite of flat sales, a low three months of inventory signals that South Oroville is a seller's market.
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$150K  
The South Oroville market saw sales remain flat this week with 11 homes sold over the last 30 days, while new listings rose to 12. The median sales price remained unchanged over the latest reporting period for South Oroville, coming in at $82,500. With only three months of inventory to sell, South Oroville is a seller's market, in spite of the flat sales.
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$232K  
Over the last 30 days, the South Oroville market was very active with 11 homes sold, an 83.3% increase from last week's report. Within the same time frame, Chico had 79 sales, the most of all cities in the area. Prices are falling in South Oroville, and this period the median price of all sales fell from $122,500 to $82,500. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that South Oroville is a strong seller's market.
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$189K  
Over the last 30 days, the South Oroville market got positive news with five homes sold. It marks a 66.7% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. At the same time, close-by Chico reported 70 home sales, the highest number from all the surrounding cities. Prices are rising in South Oroville, and the median sales price this period increased from $65,000 to $125,000.
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