Market Overview
Home Prices in Redding, CT
The median home value in Redding, CT is $886,383 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.5% compared to a year ago and up 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Redding are priced116% above average. Redding is part of the Bridgeport-Stamford-Norwalk, CT metro area.
Over the past five years, Redding home values have risen by approximately39.4%, reflecting strong long-term appreciation in this market.
Price History
Redding Home Price Trend
City Comparison
Redding vs. National Median
At $886,383, homes in Redding cost 116% above the national median of $410,000. Buyers in Redding should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Redding?
20% Down Payment
$177,277
on $886,383
Monthly P&I
$4,623/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,871/mo
incl. taxes & insurance
Income Needed
$234,840
gross annual (30% rule)
10% Down Option
$88,638
+ PMI applies
Loan Amount (20% dn)
$709,106
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 Redding, CT?
The median home value in Redding is $886,383 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.5% year-over-year.
How much have home prices changed in Redding?
Over the past year, home values in Redding have increased by 3.5%. Over five years, prices have risen approximately 39.4%.
How much do I need to earn to buy a home in Redding?
To comfortably afford the median home price of $886,383 with a 20% down payment ($177,277) at today's rates (6.8%), you'd need a gross annual income of approximately $234,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Redding compare to the national average home price?
The national median home value is approximately $410,000. At $886,383, homes in Redding are 116% above the national average.
What metro area is Redding part of?
Redding is part of the Bridgeport-Stamford-Norwalk, CT metropolitan area. Home prices and market conditions can vary across the broader metro region.