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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Redding, 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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

Redding, CA Housing Market Trends

With 92,906 people, 36,522 houses or apartments, and a median cost of homes of $449,377, Redding real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Redding, accounting for 63.87% of the city's housing units. Other types of housing that are prevalent in Redding include duplexes, homes converted to apartments or other small apartment buildings ( 13.46%), large apartment complexes or high rise apartments ( 12.29%), and a few mobile homes or trailers ( 6.18%).

The most prevalent building size and type in Redding are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.32% owning and 46.68% renting.

There is a lot of housing in Redding 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 Redding built between 1940-1969 ( 22.50%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.34%). There's also some housing in Redding built before 1939 ( 1.96%).

Redding Home Appreciation Rates

Appreciation rates for homes in Redding have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 87.35%, which ranks in the top 50% nationwide. This equates to an annual average Redding house appreciation rate of 6.48%.

Over the last year, Redding appreciation rates have trailed the rest of the nation. In the last twelve months, Redding's appreciation rate has been 2.37%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Redding were at 0.71%, which equates to an annual appreciation rate of 2.89%.

Relative to California, our data show that Redding's latest annual appreciation rate is higher than 60% 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 Redding differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Redding - 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 Redding real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$449,377

Redding, CA Home Prices
> $1,262,000
$946,001 - $1,262,000
$631,001 - $946,000
$504,001 - $631,000
$378,001 - $504,000
$252,001 - $378,000
$126,001 - $252,000
$63,001 - $126,000
$0 - $63,000
1.8%
1.8%
2.6%
2.6%
11.1%
11.1%
16.6%
16.6%
28.8%
28.8%
24.8%
24.8%
6.0%
6.0%
2.0%
2.0%
6.4%
6.4%
0% 100.0%
% of Homes
Low

for California

High

for nation

Number of Homes And Apartments:

36,522

Redding Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,984 / per month

Homeownership Rate

Owners
Renters
53.3%
53.3%
46.7%
46.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
7.8%
7.8%
92.2%
92.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
16.3%
16.3%
59.2%
59.2%
22.5%
22.5%
2.0%
2.0%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
63.9%
63.9%
3.8%
3.8%
13.5%
13.5%
12.3%
12.3%
6.2%
6.2%
0.4%
0.4%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.6%
2.6%
9.5%
9.5%
28.5%
28.5%
45.2%
45.2%
12.8%
12.8%
1.4%
1.4%
0% 100.0%
% of Homes