Is Red Bluff, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Red Bluff was a Seller's Market.
Key Takeaway
Red Bluff is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Red Bluff, CA
How much do homes in Red Bluff, CA cost?
Median Sold Price
$350,000
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Red Bluff have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Red Bluff was $350,000 in May 2024, up 11.1% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $130K | N/A |
| 2 Bedrooms | $238.5K | $252.2K | +5.8% |
| 3 Bedrooms | $306K | $359K | +17.3% |
| 4 Bedrooms | $439.9K | $362.5K | -17.6% |
| 5+ Bedrooms | $370K | $700K | +89.2% |
Summary: Red Bluff housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 17.3%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes increased by 89.2%.
Housing Supply in Red Bluff, CA
How many homes are available in Red Bluff, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 79 | 97 | +22.8% |
Summary: The Red Bluff real estate market had 97 homes for sale in May 2024, a 22.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 9 | 12 | +33.3% |
| 3 Bedrooms | 44 | 56 | +27.3% |
| 4 Bedrooms | 19 | 21 | +10.5% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Red Bluff housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Red Bluff, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Red Bluff in May 2024, up by 66.7% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for Red Bluff, CA
How long does it take to sell a home in Red Bluff, CA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 91 Days | 66 Days | -27.3% |
Summary: Homes in Red Bluff had an average of 66 days on market in May 2024, down by 27.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Red Bluff has remained consistent over time.
Summary: During May 2024, 10 homes were sold in Red Bluff; 10% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
The listings on this site are displayed courtesy of the IDX program of Shasta Association of REALTORS and may not be the listings of the site owner. All information is deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.