The housing market in 96003 Redding, CA is a bit below the US median value, with a median house value of $382,300 compared to the national median of $338,100. However, it still has seen respectable appreciation in the past year at 5.62%, only slightly lower than the US one year appreciation rate of 8.27%. This means that all in all, Redding is a great place for people looking to invest in real estate in California.
The median home cost in Redding (zip 96003) is $382,300. Home appreciation the last 10 years has been 111.0%. Home Appreciation in Redding (zip 96003) is up 8.7%.
Average Age of Homes
- The median age of Redding (zip 96003) real estate is 30 years old
The Rental Market in Redding (zip 96003)
- Renters make up 37.1% of the Redding (zip 96003) population
- 2.1% of houses and apartments in Redding (zip 96003), 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.