Compare Redding, CA mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Redding.
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August 10, 2025
Below we provide helpful information on the real estate market, home prices and housing affordability in Redding. Understand how much you need to earn to afford a home in Redding, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Redding fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Redding is right for you.
The median home value for Redding, CA (Shasta County) is $354,341
Based on current mortgage rates and a 10% down payment, you need to make $73,921 per year to buy the median priced home in Redding
With this income, you could qualify for a $318,907 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Redding is $1,712
The median household income for Redding, CA (Shasta County) is $62,017
Based on this income, you can afford a home valued at approximately $297,280
The home price you can afford to buy based on household income in Redding is 84% of the median home value which means housing prices are expensive. Redding (Shasta County) ranks 20 out of 58 counties in California and 2,964 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Redding, CA is expensive
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Redding (Shasta County) below.
Conforming loan limits for Redding, CA
FHA loan limits for Redding, CA