Redding Housing Market Report – May 2026
Here's a look at how the Redding, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 151
- Median Sale Price: $369,000
- Average Sale Price: $4,049,417
- Average Price Per Sq Ft: $1,850
- Average Days on Market: 75
- Sale-to-List Price Ratio: 830.0%
Month-Over-Month Trends
Compared to April, the median sale price in Redding moved 1.7% up (from $363,000 to $369,000). The number of homes sold was 5.6% up compared to the prior month (143 vs. 151). Average days on market shifted 3.8% down (78 days to 75 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 4.2% down (from $385,000 to $369,000). Sales volume is 7.9% down year-over-year.
What This Means
Redding's housing market is showing mixed signals as we head into summer 2026. While sales volume ticked up slightly month-over-month to 151 homes, the year-over-year decline of 7.9% suggests underlying softness in buyer demand. The median price of $369,000 is up 1.7% from April but down 4.2% from May 2025, indicating we're in a mild cooling phase after stronger pricing last year. The good news is that homes are moving faster—average days on market dropped to 75 from 78 the previous month—suggesting the seasonal uptick is having some effect.
What's most telling is the gap between what sellers are asking and what they're getting. That 830% sale-to-list ratio is clearly an anomaly in the data—likely reflecting a data reporting error rather than actual market conditions. The more realistic indicator is that active inventory sits at 727 listings with a median asking price of $375,000, suggesting ample choices for buyers. At $1,850 per square foot, Redding remains relatively affordable for the region, though slightly elevated per-unit costs could be limiting appeal in this price environment.
Overall, Redding appears to be a buyer's market slowly regaining momentum as spring buying season kicks in, but it's not experiencing dramatic appreciation.
Redding Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 96003 | 64 | $366,000 | $4,072 | 70 |
| 96002 | 44 | $362,500 | $235 | 91 |
| 96001 | 43 | $410,000 | $277 | 66 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 119 | $400,000 | $2,101 |
| MOBILE | 15 | $99,000 | $110 |
| LAND | 12 | $55,000 | N/A |
| CONDOS | 2 | $236,500 | $205 |
| OTHER | 2 | $650,000 | N/A |
| TOWNHOMES | 1 | $235,000 | $205 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 19 |
| $100K - $199K | 9 |
| $200K - $299K | 18 |
| $300K - $399K | 43 |
| $400K - $499K | 28 |
| $500K - $749K | 26 |
| $750K+ | 8 |
Current Active Listings
As of this report, there are 727 active listings in Redding with a median asking price of $375,000 and an average of 113 days on market.
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