SIALIMStatistical Intelligence for America's Local Investment Markets

California Housing Market Forecast — September 2026

Sialim tracks 34 California metros, forecasting home values next month, next quarter, and one year out from Zillow price history plus mortgage rates, inventory, and labor data.

Metros tracked
34
in California
Forecast to rise — September 2026
30
4 forecast to fall or hold
Average forecast change
+0.20%
across all California metros, next month
Largest metro
by size rank

California metros — September 2026

MetroCurrent valueForecast1-month changeRegime
Los Angeles, CA$952,601$955,151+0.27%Stabilizing
San Francisco, CA$1,123,193$1,129,098+0.53%Neutral
Riverside, CA$581,454$582,614+0.20%Stabilizing
San Diego, CA$930,785$933,000+0.24%Stabilizing
Sacramento, CA$574,820$576,053+0.21%Cooling
San Jose, CA$1,527,731$1,533,178+0.36%Cooling
Fresno, CA$407,407$408,082+0.17%Stabilizing
Bakersfield, CA$362,787$363,213+0.12%Stabilizing
Oxnard, CA$871,731$874,266+0.29%Stabilizing
Stockton, CA$524,305$524,883+0.11%Cooling
Modesto, CA$463,691$464,365+0.14%Cooling
Santa Rosa, CA$785,101$788,297+0.41%Stabilizing
Visalia, CA$362,368$363,274+0.25%Stabilizing
Vallejo, CA$572,262$573,327+0.19%Stabilizing
Santa Maria, CA$991,975$998,294+0.64%Neutral
Salinas, CA$843,101$846,069+0.35%Neutral
San Luis Obispo, CA$897,760$900,858+0.34%Neutral
Merced, CA$417,265$418,112+0.20%Cooling
Santa Cruz, CA$1,148,750$1,155,857+0.62%Neutral
Chico, CA$398,224$398,821+0.15%Cooling
Redding, CA$370,235$370,360+0.03%Stabilizing
El Centro, CA$382,840$384,787+0.51%Stabilizing
Yuba City, CA$428,414$428,978+0.13%Cooling
Madera, CA$425,163$425,708+0.13%Cooling
Hanford, CA$366,252$367,493+0.34%Stabilizing
Napa, CA$871,187$873,804+0.30%Cooling
Eureka, CA$425,510$425,076-0.10%Neutral
Truckee, CA$614,129$615,522+0.23%Neutral
Ukiah, CA$493,989$491,485-0.51%Cooling
Clearlake, CA$307,753$307,788+0.01%Cooling
Red Bluff, CA$321,499$321,907+0.13%Stabilizing
Sonora, CA$389,082$388,860-0.06%Cooling
Susanville, CA$234,558$234,798+0.10%Neutral
Crescent City, CA$364,728$364,270-0.13%Cooling

Frequently asked questions

Are California home prices rising or falling?

Of the 34 California metros Sialim tracks, 30 are forecast to rise in September 2026 and 4 are forecast to fall or hold. The average forecast change across the state is +0.20%.

What is the largest California metro by home value tracked here?

Los Angeles, CA, with a typical home value of $952,601 as of the latest data.

Forecasts are model output, not advice. Data: Zillow ZHVI (© Zillow), Freddie Mac via FRED, US Bureau of Labor Statistics via FRED. Methodology.