Redding, MI is an attractive place to buy a home. The median value of housing in Redding is currently $78,300, which is significantly lower than the national median value of $338,100. In addition, the one-year house appreciation rate in Redding is 10.54%, higher than the 8.27% rate nationally. This indicates that now may be an ideal time for potential buyers to invest in Redding real estate before prices start to increase even further.
The median home cost in Redding is $78,300. Home appreciation the last 10 years has been 81.5%. Home Appreciation in Redding is up 16.2%.
Average Age of Homes
- The median age of Redding real estate is 38 years old
The Rental Market in Redding
- Renters make up 5.5% of the Redding population
- 0.0% of houses and apartments in Redding, 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.