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Red Bluff, CA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Red Bluff, CA Housing Market Trends

With 14,588 people, 5,772 houses or apartments, and a median cost of homes of $304,811, Red Bluff real estate values are some of the lowest in California, although compared to real estate around the nation, Red Bluff homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Red Bluff, accounting for 60.06% of the city's housing units. Other types of housing that are prevalent in Red Bluff include large apartment complexes or high rise apartments ( 18.10%), duplexes, homes converted to apartments or other small apartment buildings ( 13.31%), and a few mobile homes or trailers ( 4.28%).

The most prevalent building size and type in Red Bluff are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 40.03% owning and 59.97% renting.

There is a lot of housing in Red Bluff built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Red Bluff built between 1940-1969 ( 35.21%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.93%). There's also some housing in Red Bluff built before 1939 ( 8.26%).

Red Bluff Home Appreciation Rates

In the last 10 years, Red Bluff has experienced some of the highest home appreciation rates of any community in the nation. Red Bluff real estate appreciated 128.25% over the last ten years, which is an average annual home appreciation rate of 8.60%, putting Red Bluff in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Red Bluff definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Red Bluff appreciation rates have trailed the rest of the nation. In the last twelve months, Red Bluff's appreciation rate has been 10.15%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Red Bluff were at 1.78%, which equates to an annual appreciation rate of 7.32%.

Notably, Red Bluff's appreciation rate in the latest quarter is one of the lowest in America.

Relative to California, our data show that Red Bluff's latest annual appreciation rate is lower than 80% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Red Bluff differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Red Bluff - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Red Bluff real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$304,811

Red Bluff, CA HOME PRICES

> $1,427,000
$1,070,001 - $1,427,000
$713,001 - $1,070,000
$571,001 - $713,000
$428,001 - $571,000
$285,001 - $428,000
$143,001 - $285,000
$71,001 - $143,000
$0 - $71,000
1.1%
1.1%
0.0%
0.0%
0.5%
0.5%
3.1%
3.1%
9.6%
9.6%
35.0%
35.0%
36.7%
36.7%
5.7%
5.7%
8.4%
8.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Very Low for CA

Value Relative To Nation

Number Of Homes And Apartments:
5,772

Red Bluff Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2022 Q2 - 2022 Q3
Last 12 Months:
2021 Q3 - 2022 Q3
Last 2 Years:
2020 Q3 - 2022 Q3
Last 5 Years:
2017 Q3 - 2022 Q3
Last 10 Years:
2012 Q3 - 2022 Q3
Since 2000:
2000 Q1 - 2022 Q3
166.97% 4.41%
4
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,490 / per month

Homeownership Rate

Owners
Renters
Vacant
40.0%
40.0%
60.0%
60.0%
5.4%
5.4%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
13.9%
13.9%
42.6%
42.6%
35.2%
35.2%
8.3%
8.3%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
60.1%
60.1%
4.3%
4.3%
13.3%
13.3%
18.1%
18.1%
4.3%
4.3%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.1%
1.1%
12.9%
12.9%
28.3%
28.3%
51.8%
51.8%
5.2%
5.2%
0.6%
0.6%
0.0% 100.0%
% OF HOMES

Popular Communities Near Red Bluff, CA

Zip Codes in Red Bluff, CA