How much house does $500,000 buy you in Redding?
Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Redding?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Redding right now. Listings below $500,000 were included if necessary.
2429 Court St, Redding, CA 96001
- Price: $495,000
- 6 bedrooms, 3 bathrooms
- Square feet: 2,703
- See 2429 Court St, Redding, CA 96001 on Redfin.com
16325 Tacoma Ln, Anderson, CA 96007
- Price: $499,900
- 5 bedrooms, 2.5 bathrooms
- Square feet: 2,496
- See 16325 Tacoma Ln, Anderson, CA 96007 on Redfin.com
1550 Barbara Rd, Redding, CA 96003
- Price: $495,000
- 4 bedrooms, 3 bathrooms
- Square feet: 1,306
- See 1550 Barbara Rd, Redding, CA 96003 on Redfin.com
20472 Robinson Glen Dr, Cottonwood, CA 96022
- Price: $499,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,428
- See 20472 Robinson Glen Dr, Cottonwood, CA 96022 on Redfin.com
1945 Salzburg Trl, Redding, CA 96003
- Price: $495,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,203
- See 1945 Salzburg Trl, Redding, CA 96003 on Redfin.com
15399 Star Flower Rd, Oak Run, CA 96069
- Price: $495,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,058
- See 15399 Star Flower Rd, Oak Run, CA 96069 on Redfin.com
3005 Blue Bell Dr, Redding, CA 96001
- Price: $499,000
- 4 bedrooms, 2 bathrooms
- Square feet: 2,023
- See 3005 Blue Bell Dr, Redding, CA 96001 on Redfin.com
3385 Pioneer Ln, Redding, CA 96001
- Price: $499,900
- 4 bedrooms, 2 bathrooms
- Square feet: 1,883
- See 3385 Pioneer Ln, Redding, CA 96001 on Redfin.com
3017 Renault Ct, Redding, CA 96002
- Price: $488,990
- 4 bedrooms, 2 bathrooms
- Square feet: 1,825
- See 3017 Renault Ct, Redding, CA 96002 on Redfin.com
20171 Solomon Peak Dr, Anderson, CA 96007
- Price: $499,000
- 4 bedrooms, 2 bathrooms
- Square feet: 1,780
- See 20171 Solomon Peak Dr, Anderson, CA 96007 on Redfin.com
10257 Swede Creek Rd, Palo Cedro, CA 96073
- Price: $497,500
- 4 bedrooms, 2 bathrooms
- Square feet: 1,770
- See 10257 Swede Creek Rd, Palo Cedro, CA 96073 on Redfin.com
3703 Craftsman Ave, Shasta Lake, CA 96019
- Price: $499,000
- 4 bedrooms, 2 bathrooms
- Square feet: 1,738
- See 3703 Craftsman Ave, Shasta Lake, CA 96019 on Redfin.com
12876 E Fork Rd, French Gulch, CA 96033
- Price: $499,000
- 3 bedrooms, 3.5 bathrooms
- Square feet: 2,576
- See 12876 E Fork Rd, French Gulch, CA 96033 on Redfin.com
21759 Papoose Dr, Palo Cedro, CA 96073
- Price: $499,900
- 3 bedrooms, 3.5 bathrooms
- Square feet: 1,960
- See 21759 Papoose Dr, Palo Cedro, CA 96073 on Redfin.com
2860 Panorama Dr, Redding, CA 96003
- Price: $490,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,176
- See 2860 Panorama Dr, Redding, CA 96003 on Redfin.com
12792 Clearbrook Dr, Old Station, CA 96071
- Price: $499,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,004
- See 12792 Clearbrook Dr, Old Station, CA 96071 on Redfin.com
6677 Bandito Dr, Redding, CA 96003
- Price: $499,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,624
- See 6677 Bandito Dr, Redding, CA 96003 on Redfin.com
28955 State Highway 44, Shingletown, CA 96088
- Price: $495,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,133
- See 28955 State Highway 44, Shingletown, CA 96088 on Redfin.com
15553 Middletown Park Dr, Redding, CA 96001
- Price: $499,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,876
- See 15553 Middletown Park Dr, Redding, CA 96001 on Redfin.com
28457 Hwy 299, Round Mountain, CA 96084
- Price: $499,500
- 3 bedrooms, 2 bathrooms
- Square feet: 2,963
- See 28457 Hwy 299, Round Mountain, CA 96084 on Redfin.com
28382 Alpine Way, Shingletown, CA 96088
- Price: $495,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,900
- See 28382 Alpine Way, Shingletown, CA 96088 on Redfin.com
1005 Albion Ave, Redding, CA 96003
- Price: $499,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,928
- See 1005 Albion Ave, Redding, CA 96003 on Redfin.com
4692 Corita Pl, Redding, CA 96001
- Price: $489,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,880
- See 4692 Corita Pl, Redding, CA 96001 on Redfin.com
1283 River Ridge Dr, Redding, CA 96003
- Price: $489,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,866
- See 1283 River Ridge Dr, Redding, CA 96003 on Redfin.com
2868 Blue Bell Dr, Redding, CA 96001
- Price: $498,500
- 3 bedrooms, 2 bathrooms
- Square feet: 1,818
- See 2868 Blue Bell Dr, Redding, CA 96001 on Redfin.com
6941 Riverside Dr, Redding, CA 96001
- Price: $499,500
- 3 bedrooms, 2 bathrooms
- Square feet: 1,788
- See 6941 Riverside Dr, Redding, CA 96001 on Redfin.com
21845 Belmont Dr, Palo Cedro, CA 96073
- Price: $489,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,779
- See 21845 Belmont Dr, Palo Cedro, CA 96073 on Redfin.com
15783 Gold Mine Ln, Redding, CA 96001
- Price: $499,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,491
- See 15783 Gold Mine Ln, Redding, CA 96001 on Redfin.com
19481 Rambling Oak Dr, Redding, CA 96003
- Price: $499,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,396
- See 19481 Rambling Oak Dr, Redding, CA 96003 on Redfin.com
19250 Coal Creek Rd, Lakehead, CA 96051
- Price: $499,000
- 2 bedrooms, 2 bathrooms
- Square feet: 2,000
- See 19250 Coal Creek Rd, Lakehead, CA 96051 on Redfin.com
