Redding, CT Home Values & Market Trends

Real estate market trends reflect that there have been 120 transactions over the past year in Redding. The median value for residential home transactions that occurred over the previous year is $791,604.77. The number of current listings in Redding is 13, and the percentage of properties for sale in the city is 13.00%. Redding, CT currently has 5 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 13 properties for sale.

Redding, CT Real Estate Market Overview

ZipMedian Est. Value
06896

$ 896,000

$ 299/sqft

Housing Market Summary for Redding, CT

Mar 2023February 2024Change
Median Listing Price$875K$791.8K-9.51%
Median Sold Price$742.3K$791.8K6.67%
Homes For Sale1513-13.33%
Homes Sold48492.08%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Redding, CT

Redding home values range from $204,173 to $3,637,500. The median estimated value of a home in Redding is $791,604.77. The median list price of a home is 857,000, and the total count of properties in the city is 3,010.

Foreclosure
There is 1 zips within Redding, CT; within this zips, the median estimated home value for homes in foreclosure ranges from $1,213,000 in 06896 to the lowest value of $416,000 in 06896. Foreclosure homes account for 0.00% of properties in Redding, CT with 06896 containing 5 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.10% of all residential properties in Redding, CT with 06896 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Redding, CT; of that zips, the estimated home value for pre-foreclosure homes ranges from $804,500 in 06896 to the lowest home value of $729,500 in 06896.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Redding, CT ranges from the highest value of $416,000 in 06896 to the lowest value of $416,000 in 06896. Bank owned homes and properties account for 0.03% of properties in Redding, CT. There is 1 zips within Redding, CT; 06896 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    06896 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Redding, CT. Auction homes and other auction properties account for 0.03% of all properties in Redding, CT. There is 1 zips within Redding, CT; of that zips, the median estimated home value for homes going to auction ranges from $1,213,000 in 06896 to the lowest value of $1,213,000 in 06896.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.43% of residential properties in Redding, CT with 06896 containing 13 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Redding, CT; homes for sale in that zips, have a range of median values from $1,875,000 in 06896 to the lowest value of $666,250 in 06896.
    Sold Homes
    The median value for recently sold homes ranges from $3,262,875 in 06896 to the lowest price of $351,717 in 06896. There is 1 zips within Redding, CT. 06896 has 49 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.63% of properties in Redding, CT.

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      Guide for Redding, CT

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      4 Tips on How To Buy a House Wholesale
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      Recently Listed Homes Redding, CT

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