ZIP Code 96003 — Redding, CA Home Prices (2026)
The typical home in ZIP 96003 (Redding, California) is worth about $408,000 at roughly $255 per square foot — 5% more expensive than the Redding median and 39% more expensive than the typical U.S. home.
How 96003 compares
ZIP 96003 is one of the pricier ZIP codes in Redding: its typical home value of $408,000 ranks #1 of the 3 Redding ZIP codes we track (the citywide range runs from $384,000 in 96002 to $408,000 in 96003). Per square foot it costs about $255, against $256 for Redding as a whole, $455 for California, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 96003 | $408,000 | $255 |
| Redding, CA | $390,000 | $256 |
| California | $698,000 | $455 |
| United States | $294,000 | $195 |
Home value by size in 96003
Using this ZIP’s rate of about $255 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $255,000 |
| 1,500 sq ft | $382,500 |
| 2,000 sq ft | $510,000 |
| 2,500 sq ft | $637,500 |
| 3,000 sq ft | $765,000 |
Salary needed to buy a home in ZIP 96003
To buy the typical $408,000 home in ZIP 96003 with 20% down, you need a household income of roughly $111,000 a year (about $2,590 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $132,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $20,400 | $3,220/mo | $138,000/yr |
| 10% (+PMI) | $40,800 | $3,080/mo | $132,000/yr |
| 20% | $81,600 | $2,590/mo | $111,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 96003
At about $255 per square foot, here is roughly how much home different budgets get you in ZIP 96003:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $200k | 780 sq ft | below the local median — condos, smaller or older homes |
| $250k | 980 sq ft | below the local median — condos, smaller or older homes |
| $300k | 1180 sq ft | below the local median — condos, smaller or older homes |
| $400k | 1570 sq ft | around the typical home here |
| $500k | 1960 sq ft | around the typical home here |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 96003 home.
Estimate a specific home in 96003
The estimator below is pre-set to ZIP 96003 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Redding ZIP codes by home value
Where 96003 sits among Redding’s 3 ZIP codes:
ZIP 96003 home prices: frequently asked
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See the full Redding home values page, all California cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.