Home Values

Redding Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$226,700

  • 6.2% 1-year change
  • 4.2% 1-year forecast

The median home value in Redding is $226,700. Redding home values have gone up 6.2% over the past year and Zillow predicts they will rise 4.2% within the next year. The median list price per square foot in Redding is None.

Foreclosures will be a factor impacting home values in the next several years. In Redding 3.4 homes are foreclosed (per 10,000). This is lower than the Redding Metro value of 5.0 and also lower than the national value of 3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Redding is 3.6%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Redding homeowners underwater on their mortgage is 16.9%, which is lower than Redding Metro at 17.7%.

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Relative ZHVI
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Redding Market Overview

Data through Apr 30, 2015
  • $226,700 ZHVI
  • 4.2% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • $230,700 Median sale price
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Redding Market Health

Data through Apr 30, 2015
  • 3.7/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 16.9% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 3.6% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

3.4 homes Redding
5 homes Redding Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Palo Cedro $273,500
Lewiston $213,700
Cottonwood $166,900
Name Median ZHVI
Shingletown $166,000
Anderson $163,600
Red Bluff $136,400
Name Median ZHVI
Shasta Lake $134,800
 
 

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $147 Median sale price / sq ft
  • No data Listings with price cut
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Redding Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,308 Redding
    $1,249 Redding Metro
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • $0.89 Rent list price / sq ft
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