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Redding

Learn about the people, housing, costs and businesses in Redding, Iowa

Median Home$150,700
Median Rent$687/month
Population66
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services19% healthcare
Home Value Growth⬆⬆⬆+32.6% over 2 years
Young Adults37% of residentstop 4% nationally
Homeowners74% of occupied units
NotableHighly Educated29% bachelor's · 14% graduate · top 10% nationally
NotableAffordable Market$151k median home · lower cost than 74% of the country
Redding
IA

Frequently Asked Questions

What are today's mortgage rates in Redding?

As of today, the 30-year fixed mortgage rate for Redding is approximately 6.802% (6.835% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Redding?

The median home value in Redding is $151k. The median monthly rent is $687. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Redding?

Home values in Redding have increased 32.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Redding?

Based on a typical all-in ownership cost of $996/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Redding is $72k/year.

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What industries drive the economy in Redding?

The largest employment sectors in Redding are public administration (23%) and healthcare (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.