Why Live in Thermalito
Thermalito, located in Oroville, California, is characterized by its flat terrain and a mix of large acreage parcels and smaller tract housing developments. The neighborhood offers a spacious and laid-back atmosphere, with bigger yards and shaded streets due to dense tree coverage. Home styles primarily include ranch-style tract homes, and the area is noted for being more affordable compared to other Oroville neighborhoods. Thermalito's flat ground reduces fire risk, potentially lowering fire insurance costs for residents. The neighborhood is bordered by the Thermalito Forebay to the north, featuring an aquatic center where residents can enjoy activities such as paddleboarding, kayaking, and fishing. The Thermalito Afterbay on the west end provides a larger park with 4,300 surface acres of water and 17 miles of shoreline, supporting motorized watersports and peaceful evening boating. Additional natural preserves like Riverbend Park and Oroville Wildlife Area are nearby, offering ample recreational opportunities. Essential shopping and dining options are available in nearby Oroville, just a three-mile drive away, with grocery stores and various restaurants along Highway 162. Thermalito is accessible via State Route 70 and Route 162, making commuting convenient without excessive noise. While the local schools have mixed ratings, the neighborhood's attractions and practical benefits make it a notable area within Oroville.
Home Trends in Thermalito, CA
On average, homes in Thermalito, Oroville sell after 51 days on the market compared to the national average of 52 days. The median sale price for homes in Thermalito, Oroville over the last 12 months is $295,000, consistent with the median home sale price over the previous 12 months.
Median Sale Price
$295,000
Median Single Family Sale Price
$295,000
Average Price Per Sq Ft
$233
Number of Homes for Sale
8
Last 12 months Home Sales
46
Median List Price
$299,999
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
0%