Redding, CA—96001
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Redding, CA
As of Oct '25, the median home price in Redding, CA is $380,000, with a year-over-year change of 0.4%. This indicates that home prices in Redding, CA are flat. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $380,000 | 0.4% |
| Single Family | $380,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $197,000 | 2.1% |
2 Bed | $266,000 | -1.5% |
3 Bed | $376,000 | 0.0% |
4 Bed | $490,000 | 0.4% |
| 5 Bed | $603,000 | -0.3% |
% of Housing Stock
Rental Trends — Redding, CA
As of July '25, Rentcast reports the average rent in Redding, CA is $1,710, with a year-over-year rent change of 7.5%. Per bedroom, the median rent as of July '25 in Redding, CA is studios: $1,010, 1-bedrooms: $1,120, 2-bedrooms: $1,360, 3-bedrooms: $2,190, 4-bedrooms: $2,630. The most common rental property sizes in Redding, CA are 2-bedroom and 3-bedroom, accounting for 39.0% and 27.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,460 | $1,710 |
| Studio Rent | $895 | $1,010 |
| 1 Bed Rent | $1,100 | $1,120 |
| 2 Bed Rent | $1,300 | $1,360 |
| 3 Bed Rent | $2,100 | $2,190 |
| 4 Bed Rent | $2,600 | $2,630 |
% of Rental Stock
Property Listings — Redding, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Redding, CA is 60. This is a increase of 13.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $470,000 | 6.0% |
Listing Count | 183 | 27.0% |
| Listings as % of Homes | 0.4% | 27.0% |
Days on Market | 60 | 13.0% |
Demographics — Redding, CA
As of the latest ACS Survey released in 2023, Redding, CA has a population of 34,100, which has decreased by -1.3% over the past 5 years. Redding, CA is a moderately popular place for families, as children make up 24.0% of the population. The area has a moderately educated workforce, with 28.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 34,100 | -1.3% |
% Under 18 | 24.0% | 15.9% |
% Seniors | 20.5% | 5.1% |
% WFH | 8.4% | 61.5% |
% w/ College Degree | 28.3% | -1.0% |
As of the latest ACS Survey released in 2023, Redding, CA is a predominantly white area, with 78.8% of the population identifying as white. The white population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Redding, CA is hispanic, making up 10.2% of the population. Foreign-born residents account for 3.4% of the population in Redding, CA, and this percentage has decreased by 32.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 78.8% | -4.1% |
% Black | 1.1% | -8.3% |
% Hispanic | 10.2% | 20.0% |
% Asian | 2.0% | -31.0% |
% Foreign Born | 3.4% | -32.0% |
Mortgage and Risk — Redding, CA
According to HUD data as of 2023, there were 537 mortgage originations in Redding, CA, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Redding, CA. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 537 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Redding, CA
As of 2024, the percent of homes in Redding, CA under the Section 8 program is 16.5%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Redding, CA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 814 |
Total Units Section 8 | 813 |
% Rentals under Section 8 | 16.5% |
% Occupied Section 8 | 93.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $70 | $1,100 | $1,170 |
| 2 Bedroom | $240 | $1,300 | $1,540 |
| 3 Bedroom | $60 | $2,100 | $2,160 |
| 4 Bedroom | -$10 | $2,600 | $2,590 |
Affordability — Redding, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $380,000 |
| Median Household Income | $70,600 |