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Redding Housing Information

IndexReddingCaliforniaNational
Median home price$232,000$409,300$184,700
Median rent asked$987$1,297$949
Avg. people per household2.53.02.6
Owner occupied households52.0%54.1%63.6%
Renter occupied households48.0%45.9%36.4%
The above shows an overview of the real estate market in Redding, CA. Note how the median home price for Redding, CA runs $232,000, which is 43% lower than the average property price for California. So you’re going to get real estate in Redding, CA that is on-average more affordable than what you’ll find in the rest of California. As for rent, the median for Redding, CA runs $987, which is comparatively 24% lower than the average rent for California. For Redding, CA, about 52.0% of the population consist of home owners with about 2.5 people living in each property on average. Whether you’re looking for condos or townhomes that are low-maintenance and affordable or sprawling mansions, Redding, CA offers a wide variety of real estate. To find your perfect home in Redding, CA, filter your choice by price, location, and number of beds and baths using the search area above.

Redding Home Affordability

When deciding where to purchase Redding, CA real estate, home affordability is one of the top deciding factors. One way that you can calculate the affordability of your next home is to use this formula: median home price to median household income ratio. In Redding, CA the median home price is $232,000 and $44,573 is the median household income. As a result, the home price to income ratio in Redding, CA is 5.2x, which is 19% lower than the California average. In order to determine the home affordability ratio, you would divide the median home price by the median home income. If you find that in Redding, CA the home price to income ratio is lower than average, that means that in general, housing is more affordable. While there more than just one factor in deciding home affordability, you can use the home affordability calculator below as an additional tool when deciding how much you can and should pay for real estate in Redding, CA.

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
French Gulch, CA492$73,30060%
Mountain Gate, CA928$122,20034%
Keswick, CA484$154,40016%
Shasta Lake, CA10,151$157,30015%
Anderson, CA10,156$158,00014%
Redding, CA91,320$232,00026%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Sunrise, FL91,177$150,80018%
San Marcos, CA91,479$418,200126%
Westminster, CA91,635$499,400170%
Boca Raton, FL91,702$381,600107%
Santa Barbara, CA90,922$888,000381%
Redding, CA91,320$232,00026%

Source: The Redding, CA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).
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