Explore Redding, CA - Market Insights, Demographics, Crime, Trends & Hotspots

Pulse Score
C+
Cap Rate
1.41%
Investor Friendly Score
55.00%
Median Price
$372,000

Market Insights

With only 2.0 months of inventory, Redding remains a seller's market. The median home price in Redding currently stands at $372,000. With 2.0 months of supply, Redding's inventory levels remain relatively tight. Transaction volume is up 45% compared to what's typically expected this time of year. A significant 26.9% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 34.4% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Redding market with the affordability index at 20.5. Based on current market indicators, home prices in Redding are projected to increase by approximately 9.1% over the next month.

Demographics market for - Redding, CA

Total Population -

89,957

White Population

84.27%

Black Population

1.47%

Mexican85.50% (8.44% of total population)
Puerto Rican4.89% (0.48% of total population)
Cuban0.63% (0.06% of total population)
Dominican0%
Salvadoran1.58% (0.16% of total population)
Costa Rican0.33% (0.03% of total population)
Gautemalan0.66% (0.07% of total population)
Honduran0.23% (0.02% of total population)
Nicaraguan1.04% (0.10% of total population)
Panamanian1.78% (0.18% of total population)
Argentinean0.25% (0.02% of total population)
Bolivian0.17% (0.02% of total population)
Chilean0%
Colombian1.22% (0.12% of total population)
Ecuadorian0%
Peruvian1.74% (0.17% of total population)
Uruguyan0%
Venezuelan0%

Indian 9.68% (0.96% of total population)
Bangladeshi 0%
Chinese 6.84% (0.68% of total population)
Bhutanese 0%
Burmese 0.46% (0.05% of total population)
Filipino 4.20% (0.41% of total population)
Hmong 0.66% (0.07% of total population)
Indonesian 0.36% (0.04% of total population)
Japanese 1.54% (0.15% of total population)
Korean 3.90% (0.38% of total population)
Laotian 8.14% (0.80% of total population)
Malaysian 0%
Mongolian 0%
Nepalese 3.22% (0.32% of total population)
Pakistani 0%
Srilankan 0%
Taiwanese 0.41% (0.04% of total population)
Pakistani 0%
Srilankan 0%
Taiwanese 0.41% (0.04% of total population)
Thai 0%
Vietnamese 4.22% (0.42% of total population)

Hawaiian0.10% (0.01% of total population)
Samoan0.07% (0.01% of total population)
Chamorro0.10% (0.01% of total population)
Fijian0.03% (0.00% of total population)
Marshallese0%

Crime for - Redding, CA

Burglary/Breaking & Entering4.89%
Destruction/Damage/Vandalism of Property14.37%
Larceny/Theft Offenses28.74%
Stolen Property Offenses46.26%
Motor Vehicle Theft5.75%

Robbery100.00%

Assault Offenses100.00%

Kidnapping/Abduction47.06%
Sex Offenses35.29%
Kidnapping/Abduction17.65%

Fraud Offenses92.31%
Counterfeiting/Forgery7.69%

Real Estate Market Prediction for - Redding, CA

City Hotspots

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