96003 Housing Market
Median List Price
$407,500
Updated August 2026
Today, the 96003 ZIP code in Redding, CA has 6 homes for sale at a median list price of $407,500, typically selling in about 25 days.
96003 Housing Market Overview
The median list price in the 96003 ZIP code is $407,500. Compared with Redding overall, that is a 9.4% discount. Current inventory stands at 6 active listings.
Expect a median around $357,500 for three bedroom homes and $584,000 at the four bedroom end. January to July saw the median price go from $505,000 to $398,800, down about 21.0%.
96003 Area Market Pulse
Topfind Market Read
The picture is mixed here. The typical home sells in about 25 days, yet supply sits at 6.0 months, roughly in step with demand, and 50% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$408K
Chart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
6.0 months of supply
Balanced Supply6 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~25 days.
Sales Velocity
How fast homes are selling
Homes are selling quickly, which gives sellers leverage, though prepared buyers can still compete.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in 96003 Area
Homeownership is near the state average, with a balanced mix of owners and renters.
55%
Homeowners
45%
Renters
Homeownership is 0.5 points lower than the California average (55.5%)
36,774 households (2023)
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
Each additional bedroom adds about $226K in value on average.
Price Reductions
3 listings have reduced their price
50% of active listings
Average reduction: 9.0% (~$37K)
Browse 96003 Listings
Frequently Asked Questions about the 96003 Housing Market
What is the median home price in the 96003 ZIP code?
The median list price in the 96003 ZIP code is $407,500 as of August 2026, based on 6 active listings.
Is the 96003 ZIP code a buyer's market or a seller's market?
The 96003 ZIP code currently reads as a seller's market. Active inventory works out to about 6.0 months of supply at the recent sales pace.
How fast do homes sell in the 96003 ZIP code?
The average home currently for sale in the 96003 ZIP code has been on the market for 25 days.
How many homes are for sale in the 96003 ZIP code?
There are 6 homes for sale in the 96003 ZIP code right now, including 1 listed within the last week.