Market Overview
Home Prices in Palo Cedro, CA
The median home value in Palo Cedro, CA is $562,996 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.4% compared to a year ago and down 0.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Palo Cedro are priced37% above average. Palo Cedro is part of the Redding, CA metro area.
Over the past five years, Palo Cedro home values have risen by approximately0.7%, reflecting modest growth in this market.
Price History
Palo Cedro Home Price Trend
City Comparison
Palo Cedro vs. National Median
At $562,996, homes in Palo Cedro cost 37% above the national median of $410,000. Buyers in Palo Cedro should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Palo Cedro?
20% Down Payment
$112,599
on $562,996
Monthly P&I
$2,936/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,729/mo
incl. taxes & insurance
Income Needed
$149,160
gross annual (30% rule)
10% Down Option
$56,300
+ PMI applies
Loan Amount (20% dn)
$450,397
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Palo Cedro, CA?
The median home value in Palo Cedro is $562,996 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.4% year-over-year.
How much have home prices changed in Palo Cedro?
Over the past year, home values in Palo Cedro have decreased by 2.4%. Over five years, prices have risen approximately 0.7%.
How much do I need to earn to buy a home in Palo Cedro?
To comfortably afford the median home price of $562,996 with a 20% down payment ($112,599) at today's rates (6.8%), you'd need a gross annual income of approximately $149,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Palo Cedro compare to the national average home price?
The national median home value is approximately $410,000. At $562,996, homes in Palo Cedro are 37% above the national average.
What metro area is Palo Cedro part of?
Palo Cedro is part of the Redding, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.