Why Live in Eastwood
Eastwood, a neighborhood near Downtown Chico, is known for its older homes and proximity to Bidwell Park and numerous city restaurants. State Route 32 runs through the area, splitting into East Eighth and East Ninth Streets, making it convenient for residents to navigate the city and access dining options. However, living near a busy street can result in some traffic noise and congestion. The neighborhood features an eclectic mix of older homes, including bungalows, Craftsman, and ranch styles, many of which are more affordable compared to the rest of Chico. Homes here are priced well below the city's median sale price, with opportunities for renovation and modern upgrades. Residents are within walking distance of Downtown Chico, where they can enjoy a variety of restaurants such as 5th Street Steakhouse, Scicilian Cafe, Main Street Pizza, and Momona, as well as essential shopping at Safeway. Although Eastwood lacks its own park, it is close to Bidwell Park, one of the largest municipal parks in the country, offering trails, playgrounds, and swimming areas. Students in Eastwood attend highly rated schools, including Parkview Elementary School, Chico Junior High School, and Chico High School, with the option to continue their education at California State University, Chico. The neighborhood's crime rate is lower than the national average, contributing to its appeal for potential home buyers.
Frequently Asked Questions
Is Eastwood a good place to live?
Eastwood is a good place to live. Eastwood is considered fairly walkable and very bikeable. Eastwood has 2 parks for recreational activities. It is fairly dense in population with 11.9 people per acre and a median age of 33. The average household income is $64,021 which is below the national average. College graduates make up 42.4% of residents. A majority of residents in Eastwood are renters, with 71.1% of residents renting and 28.9% of residents owning their home. A
local real estate agent serving Eastwood can help you decide if this neighborhood is the right one for you. Learn more on our
Eastwood neighborhood guide.
How much do you need to make to afford a house in Eastwood?
The median home price in Eastwood is $374,000. If you put a 20% down payment of $74,800 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $1,900 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $81K a year to afford the median home price in Eastwood. The average household income in Eastwood is $64K.
What are the best public schools in Eastwood?
The best public schools that serve Eastwood are:
What are the best private schools in Eastwood?
The best private schools that serve Eastwood are:
What are the most popular zip codes in Eastwood, Chico, CA?
What are the most popular neighborhoods near Eastwood, Chico, CA?
Home Trends in Eastwood, CA
On average, homes in Eastwood, Chico sell after 26 days on the market compared to the national average of 52 days. The median sale price for homes in Eastwood, Chico over the last 12 months is $385,000, up 57% from the median home sale price over the previous 12 months.
Median Sale Price
$385,000
Median Single Family Sale Price
$370,000
Median Townhouse Sale Price
$464,750
Average Price Per Sq Ft
$286
Number of Homes for Sale
1
Last 12 months Home Sales
9
Median List Price
$374,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
57%