Is Gridley, CA 95948 a buyer’s or seller’s market?
Gridley is a balanced market. With about 5.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 40% of U.S. ZIP codes, and #891 of 1069 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Gridley housing market right now
In the three months ending August 31, 2026, 25% of homes in Gridley, CA 95948 sold above their list price, the typical home went under contract in 96 days and there were 5.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 16 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 43%, homes sold more slowly (34 days then) and the median sale price fell 5% to $393,330. Overall, Gridley is less competitive than a year ago, which gives buyers more room.
Within Butte County, homes here sell more slowly than in 93% of the county’s ZIP codes, and sell more often over asking than in 60%. On our competition score, Gridley ranks #891 of 1,069 CA ZIP codes with enough sales (score 41 out of 100).
Nearby, buyers who want less competition could look at Stirling City 95978 (0% sold over asking) or Berry Creek 95916 (0% sold over asking), while Richvale 95974 (100% sold over asking) and Durham 95938 (55% sold over asking) are even more competitive.
Run the numbers for 95948
Nearby markets
Bangor 95914Seller’s market $207 /sq ftBerry Creek 95916Balanced $157 /sq ftBiggs 95917Buyer’s market $188 /sq ftChico 95926Seller’s market $286 /sq ft Browse all markets →Towns like Gridley nearby
Find towns like Gridley in other states →Where Gridley is
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Questions about Gridley real estate
Is Gridley a buyer’s or seller’s market?
A balanced market: there were 5.2 months of supply in Gridley, CA 95948 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Gridley?
The typical home went under contract in 96 days in the latest three months.
Do homes in Gridley sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 99.6% of the list price.
What are property taxes in Gridley?
About 1.15% of a home’s value a year in Butte County, or roughly $4,600 on a $400,000 home.
What is the median home price in Gridley?
The median sale price was $393,330 in the three months ending August 31, 2026, about $245 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology