Is Magalia, CA 95954 a buyer’s or seller’s market?

The Magalia housing market right now

In the three months ending August 31, 2026, 19% of homes in Magalia, CA 95954 sold above their list price, the typical home went under contract in 46 days and there were 6.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 28 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold faster (74 days then) and the median sale price fell 1% to $294,872. Overall, Magalia is more competitive than a year ago, so tougher for buyers.

Within Butte County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, Magalia ranks #924 of 1,069 CA ZIP codes with enough sales (score 37 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.