The housing market in Redlands, CO is quite strong compared to the US average. The median value of a home in Redlands is $420,900 which is significantly higher than the US house median value of $338,100. Additionally, the 1 year appreciation rate of 8.13% for homes in Redlands is slightly higher than the US 1 year house appreciation rate of 8.27%. This indicates that investing in real estate in Redlands can be a wise decision to make and could result in significant returns over the long term.
The median home cost in Redlands is $420,900. Home appreciation the last 10 years has been 110.8%. Home Appreciation in Redlands is up 14.3%.
Average Age of Homes
- The median age of Redlands real estate is 40 years old
The Rental Market in Redlands
- Renters make up 10.3% of the Redlands population
- 0.8% of houses and apartments in Redlands, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.