Home prices
The median home in Redding is valued at $264,900. Compared to other places in this area it is approximately $14,900 (5%) lower.Compared to the rest of the nation it is roughly $47,400 (21%) higher, and compared to the city of Chico it is approximately $62,800 (19%) lower.
Rents
Redding's median rent is $1,075 a month. In comparison to nearby areas this is roughly $204 (15%) lower.In comparison to the rest of the country it is roughly $13 (1%) higher, and in comparison to the city of Chico it is roughly $25 (2%) lower.
Nearby places
Shasta
Shasta is Redding's neighbor to the west. Its real estate prices are somewhat more expensive. The median home cost in Shasta is $327,000, which works out to $62,100 (18%) higher than Redding. Its rents are a bit more expensive. In Shasta the median rent is $1,217 a month, which comes out to $142 (11%) higher than Redding.
Shasta Lake
Shasta Lake is Redding's neighbor to the north. Its housing prices are a lot less expensive. The median home in Shasta Lake costs $183,000, which is $81,900 (44%) lower than Redding. The rent there is fairly similar. Shasta Lake's median rent is $1,118 per month, which is $43 (3%) higher than Redding.
Palo Cedro
Palo Cedro is roughly 5 miles east of Redding. Its housing prices are somewhat more expensive. The median home in Palo Cedro costs $368,300, which works out to $103,400 (28%) higher than Redding. Rent there is substantially more expensive. Palo Cedro's median monthly rent is $1,806, which works out to $731 (40%) higher than Redding.
Bella Vista
Bella Vista is approximately 7 miles northeast of Redding. Real estate prices there are a bit more expensive. Bella Vista's median home cost is $320,500, which comes out to $55,600 (17%) higher than Redding. The rent there is somewhat more expensive. In Bella Vista the median rent is $1,344 per month, which is $269 (20%) higher than Redding.
Anderson
Anderson is roughly 8 miles south of Redding. Its real estate prices are substantially less expensive. The price of the median home in Anderson is $200,200, which works out to $64,700 (32%) lower than Redding. The rent there is a bit less expensive. In Anderson the median monthly rent is $912, which is $163 (17%) lower than Redding.
