REDDING Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Redding averaged
6.58%
for the week of 2024-11-07, compared to the national average of
6.79% for the same period.
The average rate for the prior week (2024-10-31) was
6.91% and
one month ago for the week of 2024-10-03, the
average rate was 5.91%.
Redding's average rate one year ago was 7.55%.
For refis of the same type during the week of 2024-11-07, the average rate
was 7.42%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-11-07 | 6.79% |
| Redding 30 Year Fixed Rate | 2024-11-07 | 6.58% |
| Redding 30 Year Fixed Rate Refi | 2024-11-07 | 7.42% |
| Redding 15 Year Fixed Rate | 2024-11-07 | 5.9% |
| Redding 15 Year Fixed Rate Refi | 2024-11-07 | 6.1% |
| Redding 30 Year FHA | 2024-11-07 | 6.07% |
| Redding 30 Year FHA Refi | 2024-11-07 | 6.33% |
| Redding 30 Year USDA | 2024-11-07 | 6.28% |
| Redding 30 Year USDA Refi | 2024-11-07 | 6.58% |
| Redding 30 Year VA | 2024-11-07 | 6.25% |
| Redding 30 Year VA Refi | 2024-11-07 | 6.44% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within REDDING, CA.
REDDING Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the REDDING, CA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
REDDING Average Closing Costs & Other Stats
REDDING, CA's 119 lenders originated 2,680
loans during 2023. The total origination value was $708,050,000, with an average loan value of
$264,198.
REDDING's average closing costs are $5,868.
The top REDDING lender as defined by loan originations is AMERICAN PACIFIC MORTGAGE CORPORATION, with
111 loans originated. Their average total fees are
$9,442, which is $2,292
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee REDDING lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. ($3,827), Tri Counties Bank ($4,360), MEGASTAR FINANCIAL CORP. ($4,924), JPMorgan Chase Bank ($5,802) and U.S. Bank ($6,969).
The lowest rate REDDING lenders (with over 10 loans originated) are
MEGASTAR FINANCIAL CORP. (5.80%), DHI MORTGAGE COMPANY, LTD. (5.85%), ACADEMY MORTGAGE CORPORATION (6.35%), Tri Counties Bank (6.47%) and MOVEMENT MORTGAGE, LLC (6.64%).
REDDING, CA Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
|---|---|---|---|---|
| Commerce Home Mortgage, Inc. | $151,900,000 | $68,430,000 | -55.0% | 9.7% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $110,995,000 | $55,040,000 | -50.4% | 7.8% |
| Tri Counties Bank | $40,100,000 | $45,285,000 | 12.9% | 6.4% |
| QUICKEN LOANS, LLC | $71,475,000 | $43,505,000 | -39.1% | 6.1% |
| UNITED WHOLESALE MORTGAGE, LLC | $50,075,000 | $34,410,000 | -31.3% | 4.9% |
| ON Q FINANCIAL, INC. | $30,280,000 | n/a | 4.3% | |
| INFINITY EQUITY GROUP, INC. | $51,590,000 | $26,550,000 | -48.5% | 3.7% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $34,100,000 | $24,680,000 | -27.6% | 3.5% |
| DHI MORTGAGE COMPANY, LTD. | $4,180,000 | $20,465,000 | 389.6% | 2.9% |
| ACADEMY MORTGAGE CORPORATION | $2,925,000 | $15,830,000 | 441.2% | 2.2% |
| GUILD MORTGAGE COMPANY | $28,570,000 | $15,400,000 | -46.1% | 2.2% |
| U.S. Bank | $22,295,000 | $14,405,000 | -35.4% | 2.0% |
| SUMMIT FUNDING, INC. | $44,320,000 | $14,055,000 | -68.3% | 2.0% |
| MOVEMENT MORTGAGE, LLC | $14,215,000 | $12,925,000 | -9.1% | 1.8% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,645,000 | $12,815,000 | 384.5% | 1.8% |
| MEGASTAR FINANCIAL CORP. | $19,980,000 | $10,275,000 | -48.6% | 1.5% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $12,350,000 | $9,870,000 | -20.1% | 1.4% |
| MORTGAGEONE, INC. | $9,660,000 | n/a | 1.4% | |
| Banner Bank | $5,845,000 | $9,330,000 | 59.6% | 1.3% |
| NORTHMARQ CAPITAL FINANCE, L.L.C. | $9,035,000 | n/a | 1.3% | |
| Mortgage Research Center, LLC | $13,660,000 | $8,930,000 | -34.6% | 1.3% |
| Umpqua Bank | $12,600,000 | $7,110,000 | -43.6% | 1.0% |
| NEWREZ LLC | $10,445,000 | $6,960,000 | -33.4% | 1.0% |
| AXIA FINANCIAL, LLC | $6,750,000 | $6,790,000 | 0.6% | 1.0% |
| Paramount Residential Mortgage Group, Inc. | $11,225,000 | $6,775,000 | -39.6% | 1.0% |
| Bank of America | $6,385,000 | $6,185,000 | -3.1% | 0.9% |
| SAFE CREDIT UNION | $660,000 | $6,000,000 | 809.1% | 0.8% |
| Cornerstone First Mortgage, Inc | $3,880,000 | $5,705,000 | 47.0% | 0.8% |
| THE GOLDEN 1 | $8,115,000 | $5,405,000 | -33.4% | 0.8% |
| LOANDEPOT.COM, LLC | $19,430,000 | $5,230,000 | -73.1% | 0.7% |
| BROKER SOLUTIONS, INC. | $5,865,000 | $4,830,000 | -17.6% | 0.7% |
| PENNYMAC LOAN SERVICES, LLC | $11,590,000 | $4,660,000 | -59.8% | 0.7% |
| MEMBERS 1ST CREDIT UNION | $5,505,000 | $4,630,000 | -15.9% | 0.7% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $7,115,000 | $4,380,000 | -38.4% | 0.6% |
| Sierra Central Credit Union | $7,560,000 | $3,795,000 | -49.8% | 0.5% |
| USAA Federal Savings Bank | $4,845,000 | $3,580,000 | -26.1% | 0.5% |
| NAVY FEDERAL CREDIT UNION | $4,860,000 | $3,525,000 | -27.5% | 0.5% |
| AmeriHome Mortgage Company, LLC | $5,405,000 | $3,455,000 | -36.1% | 0.5% |
| HOMEXPRESS MORTGAGE CORP. | $1,295,000 | $3,085,000 | 138.2% | 0.4% |
| JPMorgan Chase Bank | $11,900,000 | $3,085,000 | -74.1% | 0.4% |
| FREEDOM MORTGAGE CORPORATION | $12,815,000 | $3,040,000 | -76.3% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $17,350,000 | $2,805,000 | -83.8% | 0.4% |
| Sierra Pacific Mortgage Company, Inc. | $5,690,000 | $2,795,000 | -50.9% | 0.4% |
| SOVEREIGN LENDING GROUP INCORPORATED | $6,560,000 | $2,765,000 | -57.9% | 0.4% |
| Wells Fargo Bank | $25,645,000 | $2,745,000 | -89.3% | 0.4% |
| AMERISAVE MORTGAGE CORPORATION | $6,380,000 | $2,735,000 | -57.1% | 0.4% |
| Flagstar Bank, FSB | $15,795,000 | $2,625,000 | -83.4% | 0.4% |
| Equity Prime Mortgage LLC | $1,195,000 | $2,530,000 | 111.7% | 0.4% |
| 21ST MORTGAGE CORPORATION | $1,700,000 | $2,305,000 | 35.6% | 0.3% |
| The Loan Store, Inc. | $2,125,000 | n/a | 0.3% | |
| Evolve Bank & Trust | $645,000 | $2,110,000 | 227.1% | 0.3% |
| GUARANTEED RATE, INC. | $1,670,000 | $2,045,000 | 22.5% | 0.3% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $5,605,000 | $2,020,000 | -64.0% | 0.3% |
| PACIFIC SERVICE | $1,730,000 | $1,905,000 | 10.1% | 0.3% |
| BMO Harris Bank | $1,660,000 | $1,890,000 | 13.9% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $2,785,000 | $1,835,000 | -34.1% | 0.3% |
| PLANET HOME LENDING, LLC | $385,000 | $1,670,000 | 333.8% | 0.2% |
| Century Mortgage Company DBA Century Lending Company | $2,170,000 | $1,525,000 | -29.7% | 0.2% |
| AMWEST FUNDING CORP. | $165,000 | $1,515,000 | 818.2% | 0.2% |
| LENDINGHOME FUNDING CORPORATION | $1,365,000 | $1,445,000 | 5.9% | 0.2% |
| Figure Lending LLC | $1,540,000 | $1,440,000 | -6.5% | 0.2% |
| CMG MORTGAGE, INC. | $1,970,000 | $1,395,000 | -29.2% | 0.2% |
| FINANCE OF AMERICA REVERSE LLC | $2,340,000 | $1,360,000 | -41.9% | 0.2% |
| MID AMERICA MORTGAGE, INC. | $1,330,000 | $1,355,000 | 1.9% | 0.2% |
| Logan Finance Corporation | $1,160,000 | n/a | 0.2% | |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $1,070,000 | $1,155,000 | 7.9% | 0.2% |
| Discover Bank | $880,000 | $1,125,000 | 27.8% | 0.2% |
| LOANPAL, LLC | $2,550,000 | $1,090,000 | -57.3% | 0.2% |
| EVERETT FINANCIAL, INC. | $765,000 | $1,080,000 | 41.2% | 0.2% |
| CARDINAL FINANCIAL | $2,810,000 | $1,030,000 | -63.3% | 0.1% |
| LENDSURE MORTGAGE CORP. | $1,635,000 | $1,020,000 | -37.6% | 0.1% |
| Stifel Bank and Trust | $3,775,000 | $1,010,000 | -73.2% | 0.1% |
| Carrington Mortgage Services, LLC | $3,385,000 | $990,000 | -70.8% | 0.1% |
| ADVANCIAL | $985,000 | n/a | 0.1% | |
| Truist | $985,000 | n/a | 0.1% | |
| Plains Commerce Bank | $580,000 | $940,000 | 62.1% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $960,000 | $935,000 | -2.6% | 0.1% |
| NEXERA HOLDING LLC | $1,240,000 | $930,000 | -25.0% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $1,125,000 | $895,000 | -20.4% | 0.1% |
| NBKC BANK | $740,000 | $855,000 | 15.5% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,060,000 | $850,000 | -19.8% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $2,030,000 | $850,000 | -58.1% | 0.1% |
| USAlliance Federal Credit Union | $845,000 | n/a | 0.1% | |
| CHURCHILL MORTGAGE CORPORATION | $805,000 | n/a | 0.1% | |
| Mechanics Bank | $2,180,000 | $805,000 | -63.1% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $785,000 | n/a | 0.1% | |
| PATELCO | $730,000 | $780,000 | 6.8% | 0.1% |
| RBC Bank, (Georgia) | $225,000 | $765,000 | 240.0% | 0.1% |
| CANOPY MORTGAGE, LLC | $760,000 | n/a | 0.1% | |
| A&D Mortgage LLC | $205,000 | $745,000 | 263.4% | 0.1% |
| TRAVIS CREDIT UNION | $905,000 | $740,000 | -18.2% | 0.1% |
| American Mortgage & Equity Consultants, Inc. | $725,000 | n/a | 0.1% | |
| LIBERTY HOME MORTGAGE CORPORATION | $725,000 | n/a | 0.1% | |
| Vellum Mortgage, Inc. | $720,000 | n/a | 0.1% | |
| SCHOOLSFIRST | $1,485,000 | $710,000 | -52.2% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $990,000 | $710,000 | -28.3% | 0.1% |
| ALAMEDA MORTGAGE CORPORATION | $700,000 | n/a | 0.1% | |
| MASON MCDUFFIE MORTGAGE CORPORATION | $1,230,000 | $675,000 | -45.1% | 0.1% |
| Prosperity Home Mortgage, LLC | $675,000 | n/a | 0.1% | |
| Third Federal Savings and Loan Association of Cleveland | $1,010,000 | $670,000 | -33.7% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $1,275,000 | $660,000 | -48.2% | 0.1% |
| CLEARPATH LENDING | $1,220,000 | $640,000 | -47.5% | 0.1% |
| Northwest Farm Credit Services, FLCA | $1,130,000 | $635,000 | -43.8% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $615,000 | $625,000 | 1.6% | 0.1% |
| First City Credit Union | $625,000 | n/a | 0.1% | |
| RESIDENTIAL WHOLESALE MORTGAGE, INC. | $625,000 | n/a | 0.1% | |
| Magnolia Bank | $2,445,000 | $620,000 | -74.6% | 0.1% |
| Merchants Mortgage & Trust Corporation | $380,000 | $620,000 | 63.2% | 0.1% |
| Coastal Community Bank | $615,000 | n/a | 0.1% | |
| First National Bank of America | $605,000 | n/a | 0.1% | |
| NEW DAY FINANCIAL, LLC | $3,825,000 | $595,000 | -84.4% | 0.1% |
| PNC Bank | $3,355,000 | $585,000 | -82.6% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $580,000 | n/a | 0.1% | |
| MOUNTAIN WEST FINANCIAL, INC. | $565,000 | n/a | 0.1% | |
| LAND HOME FINANCIAL SERVICES, INC. | $895,000 | $555,000 | -38.0% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $1,360,000 | $550,000 | -59.6% | 0.1% |
| ZILLOW HOME LOANS, LLC | $520,000 | $540,000 | 3.8% | 0.1% |
| CALIBER HOME LOANS, INC. | $11,805,000 | $530,000 | -95.5% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $500,000 | $530,000 | 6.0% | 0.1% |
| KeyBank | $1,755,000 | $485,000 | -72.4% | 0.1% |
| ORANGE COUNTY'S CREDIT UNION | $475,000 | n/a | 0.1% | |
| University Bank | $475,000 | n/a | 0.1% | |
| NexBank | $455,000 | $460,000 | 1.1% | 0.1% |
| MLD MORTGAGE INC. | $425,000 | n/a | 0.1% | |
| AMERICAN FINANCING CORPORATION | $1,760,000 | $415,000 | -76.4% | 0.1% |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $405,000 | n/a | 0.1% | |
| GEORGIA'S OWN | $300,000 | $405,000 | 35.0% | 0.1% |
| Los Angeles Federal Credit Union | $405,000 | n/a | 0.1% | |
| NATIONS DIRECT MORTGAGE, LLC | $2,940,000 | $405,000 | -86.2% | 0.1% |
| SPRING EQ, LLC | $3,130,000 | $390,000 | -87.5% | 0.1% |
| AMERICAN HERITAGE LENDING, INC. | $380,000 | n/a | 0.1% | |
| BETTER MORTGAGE CORPORATION | $3,000,000 | $380,000 | -87.3% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $1,200,000 | $375,000 | -68.8% | 0.1% |
| UNITED | $375,000 | n/a | 0.1% | |
| ALLIANT CREDIT UNION | $940,000 | $370,000 | -60.6% | 0.1% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $830,000 | $355,000 | -57.2% | 0.1% |
| OPEN MORTGAGE, LLC | $1,615,000 | $350,000 | -78.3% | 0.0% |
| PENTAGON FEDERAL CREDIT UNION | $980,000 | $345,000 | -64.8% | 0.0% |
| STAR ONE CREDIT UNION | $670,000 | $345,000 | -48.5% | 0.0% |
| Chicago Mortgage Solutions LLC | $620,000 | $335,000 | -46.0% | 0.0% |
| S1L, Inc. | $2,840,000 | $335,000 | -88.2% | 0.0% |
| Farmers & Merchants Bank of Central California | $325,000 | n/a | 0.0% | |
| General Mortgage Capital Corporation | $325,000 | n/a | 0.0% | |
| Kwik Mortgage Corporation | $325,000 | n/a | 0.0% | |
| Pinnacle Bank | $325,000 | n/a | 0.0% | |
| Franklin Loan Corporation | $295,000 | n/a | 0.0% | |
| Industrial and Commercial Bank of China USA | $295,000 | n/a | 0.0% | |
| REDWOOD | $195,000 | $290,000 | 48.7% | 0.0% |
| Ameris Bank | $285,000 | n/a | 0.0% | |
| NEW WAVE LENDING GROUP INC | $710,000 | $285,000 | -59.9% | 0.0% |
| Charles Schwab Bank, SSB | $275,000 | n/a | 0.0% | |
| GUARANTEED RATE AFFINITY, LLC | $1,345,000 | $275,000 | -79.6% | 0.0% |
| OCMBC, INC. | $1,345,000 | $270,000 | -79.9% | 0.0% |
| PHH Mortgage Corporation | $2,555,000 | $265,000 | -89.6% | 0.0% |
| Secured Investment Corp. | $255,000 | $265,000 | 3.9% | 0.0% |
| ALLIED MORTGAGE GROUP, INC. | $255,000 | n/a | 0.0% | |
| KINECTA | $990,000 | $255,000 | -74.2% | 0.0% |
| Morgan Stanley Private Bank | $1,255,000 | $255,000 | -79.7% | 0.0% |
| VERITAS FUNDING, LLC | $255,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $1,445,000 | $250,000 | -82.7% | 0.0% |
| LADERA LENDING, INC. | $175,000 | $245,000 | 40.0% | 0.0% |
| NEW WEST LENDING, INC. | $245,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $450,000 | $240,000 | -46.7% | 0.0% |
| GTE Federal Credit Union | $155,000 | $235,000 | 51.6% | 0.0% |
| KS StateBank | $235,000 | n/a | 0.0% | |
| LAKEVIEW LOAN SERVICING, LLC | $4,735,000 | $235,000 | -95.0% | 0.0% |
| VAL-CHRIS INVESTMENTS, INC. | $230,000 | n/a | 0.0% | |
| CITYWIDE HOME LOANS, LLC | $225,000 | n/a | 0.0% | |
| LOS ANGELES POLICE Federal Credit Union | $225,000 | n/a | 0.0% | |
| Waterstone Mortgage Corporation | $225,000 | n/a | 0.0% | |
| Citibank | $44,245,000 | $215,000 | -99.5% | 0.0% |
| Exchange Bank | $4,790,000 | $215,000 | -95.5% | 0.0% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $405,000 | $215,000 | -46.9% | 0.0% |
| Peoples Bank | $205,000 | n/a | 0.0% | |
| WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION | $200,000 | n/a | 0.0% | |
| HomeTrust Bank | $540,000 | $190,000 | -64.8% | 0.0% |
| AHL FUNDING | $355,000 | $185,000 | -47.9% | 0.0% |
| ENVOY MORTGAGE, LTD | $195,000 | $185,000 | -5.1% | 0.0% |
| LANTZMAN MANAGEMENT, INC. | $165,000 | n/a | 0.0% | |
| MERIWEST | $155,000 | n/a | 0.0% | |
| ROGUE | $155,000 | n/a | 0.0% | |
| HighTechLending Inc | $165,000 | $145,000 | -12.1% | 0.0% |
| Residential Mortgage Solutions, Inc. | $145,000 | n/a | 0.0% | |
| Mortgage Vintage, Inc. | $115,000 | n/a | 0.0% | |
| THE POLICE Credit Union | $185,000 | $110,000 | -40.5% | 0.0% |
| F&A Federal Credit Union | $435,000 | $105,000 | -75.9% | 0.0% |
| SeaTrust Mortgage Company | $105,000 | n/a | 0.0% | |
| TOWER | $105,000 | n/a | 0.0% | |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $400,000 | $95,000 | -76.3% | 0.0% |
| THRIVENT Federal Credit Union | $75,000 | n/a | 0.0% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $75,000 | n/a | 0.0% | |
| COMMUNITY FIRST CREDIT UNION | $65,000 | n/a | 0.0% | |
| Financial Partners Credit Union | $115,000 | $65,000 | -43.5% | 0.0% |
| Service Federal Credit Union | $65,000 | n/a | 0.0% | |
| UNIVERSITY CREDIT UNION | $1,040,000 | $65,000 | -93.8% | 0.0% |
| Bank of the West | $605,000 | $55,000 | -90.9% | 0.0% |
| Fremont Bank | $1,160,000 | $55,000 | -95.3% | 0.0% |
| GREAT LAKES | $210,000 | $55,000 | -73.8% | 0.0% |
| PremierOne Credit Union | $55,000 | n/a | 0.0% | |
| Operating Engineers Local Union #3 | $1,720,000 | $45,000 | -97.4% | 0.0% |
| WESCOM CENTRAL CREDIT UNION | $480,000 | $45,000 | -90.6% | 0.0% |
| FIRST TECHNOLOGY | $635,000 | $35,000 | -94.5% | 0.0% |
| ALL IN | $45,000 | $25,000 | -44.4% | 0.0% |
| UNCLE Credit Union | $105,000 | $25,000 | -76.2% | 0.0% |
REDDING's top lender by overall market share is Commerce Home Mortgage, Inc., with 9.7% market share. In second place, with 7.8%, is AMERICAN PACIFIC MORTGAGE CORPORATION, having originated $55,040,000 in loans. In third place, with 6.4%, is Tri Counties Bank, having originated $45,285,000 in loans. In fourth place, with 6.1%, is QUICKEN LOANS, LLC, having originated $43,505,000 in loans. In fifth place, with 4.9%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $34,410,000 in loans.
REDDING Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - REDDING (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $321,500 (8.6%) | $403,848 (2.8%) | 1.19 | 601 |
| 2018-02-01 | $329,225 (9.8%) | $401,777 (0.8%) | 1.20 | 625 |
| 2018-03-01 | $329,900 (3.0%) | $408,033 (0.2%) | 1.16 | 670 |
| 2018-04-01 | $329,000 (-0.3%) | $402,410 (-4.4%) | 1.12 | 724 |
| 2018-05-01 | $329,975 (3.5%) | $413,520 (5.1%) | 1.10 | 786 |
| 2018-06-01 | $327,500 (3.2%) | $405,212 (4.1%) | 1.09 | 844 |
| 2018-07-01 | $317,000 (1.2%) | $382,582 (-0.2%) | 1.06 | 871 |
| 2018-08-01 | $312,425 (1.1%) | $383,511 (-0.3%) | 1.05 | 764 |
| 2018-09-01 | $324,650 (1.8%) | $395,132 (0.5%) | 1.09 | 763 |
| 2018-10-01 | $325,125 (1.8%) | $400,445 (2.8%) | 1.10 | 775 |
| 2018-11-01 | $332,200 (4.8%) | $416,371 (5.5%) | 1.13 | 743 |
| 2018-12-01 | $329,450 (3.5%) | $421,437 (5.0%) | 1.14 | 713 |
| 2019-01-01 | $333,350 (3.7%) | $430,589 (6.6%) | 1.15 | 662 |
| 2019-02-01 | $327,000 (-0.7%) | $430,424 (7.1%) | 1.10 | 659 |
| 2019-03-01 | $324,943 (-1.5%) | $431,372 (5.7%) | 1.06 | 650 |
| 2019-04-01 | $327,450 (-0.5%) | $436,114 (8.4%) | 1.04 | 641 |
| 2019-05-01 | $339,950 (3.0%) | $435,776 (5.4%) | 1.06 | 724 |
| 2019-06-01 | $339,900 (3.8%) | $434,063 (7.1%) | 1.06 | 803 |
| 2019-07-01 | $333,575 (5.2%) | $422,672 (10.5%) | 1.04 | 793 |
| 2019-08-01 | $331,636 (6.2%) | $424,062 (10.6%) | 1.05 | 780 |
| 2019-09-01 | $330,716 (1.9%) | $426,752 (8.0%) | 1.06 | 781 |
| 2019-10-01 | $332,852 (2.4%) | $428,546 (7.0%) | 1.07 | 774 |
| 2019-11-01 | $339,000 (2.1%) | $440,275 (5.7%) | 1.11 | 708 |
| 2019-12-01 | $336,950 (2.3%) | $445,673 (5.8%) | 1.12 | 614 |
| 2020-01-01 | $347,850 (4.4%) | $457,451 (6.2%) | 1.16 | 558 |
| 2020-02-01 | $342,450 (4.7%) | $458,946 (6.6%) | 1.12 | 541 |
| 2020-03-01 | $357,225 (9.9%) | $466,025 (8.0%) | 1.12 | 558 |
| 2020-04-01 | $362,900 (10.8%) | $466,691 (7.0%) | 1.14 | 597 |
| 2020-05-01 | $379,900 (11.8%) | $470,186 (7.9%) | 1.15 | 592 |
| 2020-06-01 | $394,450 (16.1%) | $486,358 (12.1%) | 1.16 | 556 |
| 2020-07-01 | $400,575 (20.1%) | $510,485 (20.8%) | 1.16 | 467 |
| 2020-08-01 | $399,000 (20.3%) | $558,104 (31.6%) | 1.14 | 415 |
| 2020-09-01 | $398,450 (20.5%) | $586,929 (37.5%) | 1.14 | 415 |
| 2020-10-01 | $398,750 (19.8%) | $565,627 (32.0%) | 1.14 | 457 |
| 2020-11-01 | $399,000 (17.7%) | $573,846 (30.3%) | 1.17 | 451 |
| 2020-12-01 | $414,500 (23.0%) | $589,681 (32.3%) | 1.23 | 387 |
| 2021-01-01 | $427,000 (22.8%) | $614,662 (34.4%) | 1.27 | 316 |
| 2021-02-01 | $431,000 (25.9%) | $630,215 (37.3%) | 1.25 | 293 |
| 2021-03-01 | $426,500 (19.4%) | $618,482 (32.7%) | 1.21 | 301 |
| 2021-04-01 | $427,475 (17.8%) | $649,269 (39.1%) | 1.16 | 279 |
| 2021-05-01 | $449,900 (18.4%) | $714,972 (52.1%) | 1.20 | 309 |
| 2021-06-01 | $456,225 (15.7%) | $700,595 (44.1%) | 1.20 | 347 |
| 2021-07-01 | $425,000 (6.1%) | $651,532 (27.6%) | 1.12 | 394 |
| 2021-08-01 | $432,000 (8.3%) | $634,507 (13.7%) | 1.15 | 427 |
| 2021-09-01 | $439,450 (10.3%) | $639,153 (8.9%) | 1.17 | 438 |
| 2021-10-01 | $442,750 (11.0%) | $604,308 (6.8%) | 1.18 | 442 |
| 2021-11-01 | $438,500 (9.9%) | $603,113 (5.1%) | 1.17 | 431 |
| 2021-12-01 | $438,500 (5.8%) | $598,196 (1.4%) | 1.19 | 376 |
| 2022-01-01 | $459,900 (7.7%) | $618,810 (0.7%) | 1.24 | 310 |
| 2022-02-01 | $479,950 (11.4%) | $643,092 (2.0%) | 1.25 | 307 |
| 2022-03-01 | $489,000 (14.7%) | $675,283 (9.2%) | 1.22 | 338 |
| 2022-04-01 | $475,000 (11.1%) | $686,254 (5.7%) | 1.13 | 374 |
| 2022-05-01 | $472,200 (5.0%) | $647,622 (-9.4%) | 1.08 | 411 |
| 2022-06-01 | $472,000 (3.5%) | $631,175 (-9.9%) | 1.05 | 450 |
| 2022-07-01 | $430,000 (1.2%) | $593,154 (-9.0%) | 0.97 | 524 |
| 2022-08-01 | $439,000 (1.6%) | $605,928 (-4.5%) | 1.01 | 533 |
| 2022-09-01 | $439,125 (-0.1%) | $611,198 (-4.4%) | 1.03 | 539 |
| 2022-10-01 | $424,900 (-4.0%) | $587,739 (-2.7%) | 1.00 | 538 |
| 2022-11-01 | $413,200 (-5.8%) | $586,823 (-2.7%) | 0.99 | 513 |
| 2022-12-01 | $418,000 (-4.7%) | $595,172 (-0.5%) | 1.03 | 434 |
| 2023-01-01 | $409,200 (-11.0%) | $592,585 (-4.2%) | 1.01 | 395 |
| 2023-02-01 | $425,000 (-11.5%) | $605,604 (-5.8%) | 1.03 | 368 |
| 2023-03-01 | $439,825 (-10.1%) | $615,764 (-8.8%) | 1.04 | 352 |
| 2023-04-01 | $445,000 (-6.3%) | $622,366 (-9.3%) | 1.03 | 350 |
| 2023-05-01 | $446,248 (-5.5%) | $602,037 (-7.0%) | 1.01 | 401 |
| 2023-06-01 | $450,000 (-4.7%) | $652,583 (3.4%) | 1.01 | 435 |
| 2023-07-01 | $455,000 (5.8%) | $622,625 (5.0%) | 1.03 | 484 |
| 2023-08-01 | $457,150 (4.1%) | $649,948 (7.3%) | 1.05 | 511 |
| 2023-09-01 | $448,800 (2.2%) | $642,268 (5.1%) | 1.04 | 508 |
| 2023-10-01 | $431,498 (1.6%) | $632,177 (7.6%) | 1.02 | 491 |
| 2023-11-01 | $429,900 (4.0%) | $634,743 (8.2%) | 1.02 | 462 |
| 2023-12-01 | $437,738 (4.7%) | $648,623 (9.0%) | 1.07 | 414 |
| 2024-01-01 | $432,200 (5.6%) | $666,679 (12.5%) | 1.06 | 365 |
| 2024-02-01 | $439,000 (3.3%) | $681,131 (12.5%) | 1.06 | 346 |
| 2024-03-01 | $449,000 (2.1%) | $694,589 (12.8%) | 1.06 | 344 |
| 2024-04-01 | $441,000 (-0.9%) | $666,956 (7.2%) | 1.03 | 383 |
| 2024-05-01 | $467,450 (4.8%) | $699,761 (16.2%) | 1.06 | 465 |
| 2024-06-01 | $453,000 (0.7%) | $632,840 (-3.0%) | 1.02 | 477 |
| 2024-07-01 | $434,271 (-4.6%) | $626,375 (0.6%) | 0.99 | 516 |
| 2024-08-01 | $427,000 (-6.6%) | $615,706 (-5.3%) | 0.99 | 536 |
| 2024-09-01 | $437,400 (-2.5%) | $629,375 (-2.0%) | 1.03 | 546 |
| 2024-10-01 | $429,900 (-0.4%) | $610,721 (-3.4%) | 1.01 | 577 |
REDDING's median listing price for 2024-10-01 was $429,900, a difference of
$-1,598
(-0.4%) versus the prior year and
$-7,500 versus the prior month.
REDDING's median listing price comes in at 101% of the national average.
REDDING's average listing price for 2024-10-01 was $610,721, a difference of $-21,456 (-3.4%) versus the prior year and $-18,654 versus the prior month.
For the 2024-10-01 period, REDDING had 577 MLS listings, a difference of 31 listings (6%) versus the prior month and 86 listings (18%) versus the prior year.
REDDING's median listing price comes in at 101% of the national average.
REDDING's average listing price for 2024-10-01 was $610,721, a difference of $-21,456 (-3.4%) versus the prior year and $-18,654 versus the prior month.
For the 2024-10-01 period, REDDING had 577 MLS listings, a difference of 31 listings (6%) versus the prior month and 86 listings (18%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - REDDING (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 81 days | 1,801 sqft |
| 2018-02-01 | 63 days | 1,802 sqft |
| 2018-03-01 | 52 days | 1,827 sqft |
| 2018-04-01 | 53 days | 1,814 sqft |
| 2018-05-01 | 47 days | 1,830 sqft |
| 2018-06-01 | 51 days | 1,818 sqft |
| 2018-07-01 | 58 days | 1,774 sqft |
| 2018-08-01 | 61 days | 1,754 sqft |
| 2018-09-01 | 60 days | 1,785 sqft |
| 2018-10-01 | 61 days | 1,809 sqft |
| 2018-11-01 | 62 days | 1,830 sqft |
| 2018-12-01 | 72 days | 1,827 sqft |
| 2019-01-01 | 76 days | 1,836 sqft |
| 2019-02-01 | 72 days | 1,841 sqft |
| 2019-03-01 | 61 days | 1,827 sqft |
| 2019-04-01 | 44 days | 1,819 sqft |
| 2019-05-01 | 39 days | 1,844 sqft |
| 2019-06-01 | 45 days | 1,810 sqft |
| 2019-07-01 | 56 days | 1,782 sqft |
| 2019-08-01 | 59 days | 1,792 sqft |
| 2019-09-01 | 59 days | 1,805 sqft |
| 2019-10-01 | 62 days | 1,828 sqft |
| 2019-11-01 | 65 days | 1,840 sqft |
| 2019-12-01 | 79 days | 1,819 sqft |
| 2020-01-01 | 84 days | 1,832 sqft |
| 2020-02-01 | 60 days | 1,819 sqft |
| 2020-03-01 | 46 days | 1,882 sqft |
| 2020-04-01 | 49 days | 1,895 sqft |
| 2020-05-01 | 49 days | 1,924 sqft |
| 2020-06-01 | 52 days | 1,978 sqft |
| 2020-07-01 | 61 days | 1,978 sqft |
| 2020-08-01 | 52 days | 1,908 sqft |
| 2020-09-01 | 38 days | 1,904 sqft |
| 2020-10-01 | 40 days | 1,899 sqft |
| 2020-11-01 | 46 days | 1,897 sqft |
| 2020-12-01 | 61 days | 1,919 sqft |
| 2021-01-01 | 70 days | 1,940 sqft |
| 2021-02-01 | 33 days | 1,901 sqft |
| 2021-03-01 | 30 days | 1,901 sqft |
| 2021-04-01 | 25 days | 1,862 sqft |
| 2021-05-01 | 21 days | 1,906 sqft |
| 2021-06-01 | 28 days | 1,952 sqft |
| 2021-07-01 | 29 days | 1,868 sqft |
| 2021-08-01 | 36 days | 1,865 sqft |
| 2021-09-01 | 42 days | 1,883 sqft |
| 2021-10-01 | 39 days | 1,888 sqft |
| 2021-11-01 | 41 days | 1,854 sqft |
| 2021-12-01 | 48 days | 1,841 sqft |
| 2022-01-01 | 58 days | 1,830 sqft |
| 2022-02-01 | 36 days | 1,839 sqft |
| 2022-03-01 | 28 days | 1,861 sqft |
| 2022-04-01 | 29 days | 1,845 sqft |
| 2022-05-01 | 35 days | 1,828 sqft |
| 2022-06-01 | 35 days | 1,820 sqft |
| 2022-07-01 | 37 days | 1,747 sqft |
| 2022-08-01 | 50 days | 1,761 sqft |
| 2022-09-01 | 50 days | 1,774 sqft |
| 2022-10-01 | 52 days | 1,736 sqft |
| 2022-11-01 | 63 days | 1,736 sqft |
| 2022-12-01 | 72 days | 1,736 sqft |
| 2023-01-01 | 81 days | 1,736 sqft |
| 2023-02-01 | 71 days | 1,736 sqft |
| 2023-03-01 | 60 days | 1,779 sqft |
| 2023-04-01 | 43 days | 1,799 sqft |
| 2023-05-01 | 36 days | 1,753 sqft |
| 2023-06-01 | 40 days | 1,800 sqft |
| 2023-07-01 | 43 days | 1,824 sqft |
| 2023-08-01 | 50 days | 1,856 sqft |
| 2023-09-01 | 51 days | 1,800 sqft |
| 2023-10-01 | 57 days | 1,775 sqft |
| 2023-11-01 | 65 days | 1,780 sqft |
| 2023-12-01 | 74 days | 1,799 sqft |
| 2024-01-01 | 71 days | 1,790 sqft |
| 2024-02-01 | 54 days | 1,781 sqft |
| 2024-03-01 | 46 days | 1,828 sqft |
| 2024-04-01 | 32 days | 1,802 sqft |
| 2024-05-01 | 35 days | 1,840 sqft |
| 2024-06-01 | 45 days | 1,826 sqft |
| 2024-07-01 | 56 days | 1,762 sqft |
| 2024-08-01 | 55 days | 1,760 sqft |
| 2024-09-01 | 58 days | 1,793 sqft |
| 2024-10-01 | 58 days | 1,763 sqft |
REDDING's median listing age (time on market) for 2024-10-01 was 58 days.
This
is 1%
longer
than the same period one year ago.
REDDING's median square footage for active listings during the 2024-10-01 period was 1,763 sqft. One year prior, the average listing was 1,775 sqft.
REDDING's median square footage for active listings during the 2024-10-01 period was 1,763 sqft. One year prior, the average listing was 1,775 sqft.
REDDING, CA Average Rent (2023)
Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 96001 | Redding, CA MSA | $910 | $1,030 | $1,360 | $1,930 | $2,320 |
| 96002 | Redding, CA MSA | $850 | $960 | $1,270 | $1,800 | $2,160 |
| 96003 | Redding, CA MSA | $1,020 | $1,150 | $1,520 | $2,160 | $2,590 |
| 96007 | Redding, CA MSA | $830 | $940 | $1,240 | $1,760 | $2,110 |
| 96008 | Redding, CA MSA | $820 | $930 | $1,220 | $1,730 | $2,080 |
| 96011 | Redding, CA MSA | $770 | $870 | $1,150 | $1,630 | $1,960 |
| 96013 | Redding, CA MSA | $760 | $860 | $1,130 | $1,610 | $1,940 |
| 96016 | Redding, CA MSA | $900 | $1,020 | $1,340 | $1,900 | $2,280 |
| 96017 | Redding, CA MSA | $770 | $870 | $1,150 | $1,630 | $1,960 |
| 96019 | Redding, CA MSA | $940 | $1,060 | $1,400 | $1,990 | $2,380 |
| 96022 | Redding, CA MSA | $820 | $930 | $1,230 | $1,750 | $2,100 |
| 96025 | Redding, CA MSA | $760 | $860 | $1,130 | $1,610 | $1,940 |
| 96028 | Redding, CA MSA | $900 | $1,020 | $1,340 | $1,900 | $2,280 |
| 96033 | Redding, CA MSA | $840 | $960 | $1,260 | $1,790 | $2,150 |
| 96040 | Redding, CA MSA | $900 | $1,020 | $1,340 | $1,900 | $2,280 |
| 96047 | Redding, CA MSA | $950 | $1,070 | $1,420 | $2,010 | $2,410 |
| 96049 | Redding, CA MSA | $900 | $1,020 | $1,340 | $1,900 | $2,280 |
| 96051 | Redding, CA MSA | $860 | $970 | $1,280 | $1,820 | $2,180 |
| 96056 | Redding, CA MSA | $760 | $860 | $1,130 | $1,610 | $1,940 |
| 96059 | Redding, CA MSA | $760 | $860 | $1,130 | $1,610 | $1,940 |
| 96062 | Redding, CA MSA | $940 | $1,060 | $1,400 | $1,990 | $2,380 |
| 96065 | Redding, CA MSA | $760 | $860 | $1,130 | $1,610 | $1,940 |
| 96069 | Redding, CA MSA | $880 | $1,000 | $1,320 | $1,880 | $2,250 |
| 96071 | Redding, CA MSA | $900 | $1,020 | $1,340 | $1,900 | $2,280 |
| 96073 | Redding, CA MSA | $1,340 | $1,530 | $2,010 | $2,860 | $3,420 |
| 96075 | Redding, CA MSA | $900 | $1,020 | $1,340 | $1,900 | $2,280 |
| 96076 | Redding, CA MSA | $900 | $1,020 | $1,340 | $1,900 | $2,280 |
| 96084 | Redding, CA MSA | $790 | $900 | $1,180 | $1,680 | $2,010 |
| 96087 | Redding, CA MSA | $1,330 | $1,510 | $1,990 | $2,830 | $3,390 |
| 96088 | Redding, CA MSA | $1,120 | $1,270 | $1,670 | $2,370 | $2,840 |
| 96089 | Redding, CA MSA | $900 | $1,020 | $1,340 | $1,900 | $2,280 |
| 96095 | Redding, CA MSA | $900 | $1,020 | $1,340 | $1,900 | $2,280 |
| 96096 | Redding, CA MSA | $760 | $860 | $1,130 | $1,610 | $1,940 |
| 96099 | Redding, CA MSA | $900 | $1,020 | $1,340 | $1,900 | $2,280 |
2022 Average & Median Rent Data Statistics
REDDING, CA average 1BR rent: $1,011, median: $1,020
REDDING, CA average 2BR rent: $1,331, median: $1,340
REDDING, CA average 3BR rent: $1,890, median: $1,900
REDDING, CA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,681 | $544,885,000 | $324,143 |
| Cash Out Refi | 334 | $71,520,000 | $214,132 |
| Home Improvement | 233 | $21,045,000 | $90,322 |
| Other | 225 | $25,405,000 | $112,911 |
| Refi | 206 | $45,030,000 | $218,592 |
| NA | 1 | $165,000 | $165,000 |
Redding's most frequently cited loan purpose was Home Purchase, with 1,681 originations. The 2nd most popular reason was Cash Out Refi, with 334 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 912 | $295,200,000 | $323,684 |
| 7-8% | 672 | $188,480,000 | $280,476 |
| Over 8% | 583 | $77,025,000 | $132,118 |
| 5-6% | 347 | $115,965,000 | $334,193 |
| <2.5% | 102 | $3,520,000 | $34,510 |
| 4-5% | 37 | $11,995,000 | $324,189 |
| 3-4% | 6 | $10,210,000 | $1,701,667 |
| 2.5-3% | 2 | $800,000 | $400,000 |
During 2023, Redding's most frequently originated rate bucket was 6-7%, with 912 originations.
Loan Sizing (REDDING, CA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 1,182 | $347,720,000 | $294,179 |
| $100,000 or less | 616 | $30,030,000 | $48,750 |
| $100k-200k | 448 | $65,620,000 | $146,473 |
| $400k-600k | 339 | $158,775,000 | $468,363 |
| $600k-1000k | 83 | $58,465,000 | $704,398 |
| $Over $1MM | 12 | $47,440,000 | $3,953,333 |
REDDING's loan sizing saw the bucket of loans from $200k-400k with 1,182 originations, totaling $347,720,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,081 | $374,575,000 | $346,508 |
| Under 20% | 498 | $23,550,000 | $47,289 |
| 60-80% | 469 | $174,775,000 | $372,655 |
| 20-40% | 302 | $47,880,000 | $158,543 |
| 40-60% | 251 | $66,235,000 | $263,884 |
| Over 100% | 30 | $11,800,000 | $393,333 |
REDDING's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,081 originations, totaling $374,575,000 in origination value.