$5,935 Closing Credit*
$499,750
1,818 SqFt
4 Beds
•2 Full Baths
Katherine H Luther, Listing Office: eXp Realty of California, Inc.
Is South Redding, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, South Redding has remained a Seller's Market.
Key Takeaway
South Redding is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Redding, CA
How much do homes in South Redding, CA cost?
Median Sold Price
$395,000
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$36,750(+10.3%)
Key Takeaway
Homes in South Redding have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in South Redding was $395,000 in October 2024, up 10.3% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | - | N/A |
| 2 Bedrooms | $200K | $265K | +32.5% |
| 3 Bedrooms | $349.4K | $392.5K | +12.3% |
| 4 Bedrooms | $432.5K | $460K | +6.4% |
| 5+ Bedrooms | $455K | $530K | +16.5% |
Summary: South Redding housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32.5%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 16.5%.
Housing Supply in South Redding, CA
How many homes are available in South Redding, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 50 | 51 | +2.0% |
Summary: The South Redding real estate market had 51 homes for sale in October 2024, a 2.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 0 | -100.0% |
| 3 Bedrooms | 39 | 43 | +10.3% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The South Redding housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 10.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Redding, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in South Redding in October 2024, the same as the previous month. Of the 11 sold homes, 45% were sold under asking, 36% were sold at asking, and 18% were sold over asking.
Days on Market for South Redding, CA
How long does it take to sell a home in South Redding, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 75 Days | 80 Days | +7.2% |
Summary: Homes in South Redding had an average of 80 days on market in Oct 2024, up by 7.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in South Redding has remained consistent over time.
Summary: During October 2024, 11 homes were sold in South Redding; 0% of homes were sold within 30 days, 73% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
The listings on this site are displayed courtesy of the IDX program of Shasta Association of REALTORS and may not be the listings of the site owner. All information is deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.