Is Redlands, CA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Redlands is a seller's market


Difference Since March 2023

Since last year, Redlands has remained a Seller's Market.

Key Takeaway

Redlands is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Redlands, CA

How much do homes in Redlands, CA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since March 2023


Key Takeaway

Homes in Redlands have sold for 3% more than they did a year ago.

Summary: The median home sold price in Redlands was $613,000 in March 2024, up 3% from last year, and the median price per square foot was $360.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $169K$300K
2 $438K$436.5K
3 $550K$585K
4 $675K$692.2K
5+ $854K$850K

Summary: Redlands housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 77.5%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 0.5%.

Median Sold Price Compared To Nearby Cities

San Bernardino
San Gorgonio Pass

Housing Supply in Redlands, CA

How many homes are available in Redlands, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE

Summary: The Redlands real estate market had 160 homes for sale in March 2024, a 2.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 34
2 1419
3 6163
4 5955
5+ 1919

Summary: The Redlands housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 35.7%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Redlands, you may be able to get a good deal. 45.7% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in Redlands in March 2024, down by 14.6% month-over-month. Of the 35 sold homes, 46% were sold under asking, 20% were sold at asking, and 34% were sold over asking.

Days on Market for Redlands, CA

How long does it take to sell a home in Redlands, CA?

Average Sale Time

Mar 2023Mar 2024CHANGE
52 Days40 Days-23.0%

Summary: Homes in Redlands had an average of 40 days on market in Mar 2024, down by 23% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Redlands are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 35 homes were sold in Redlands; 63% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in Redlands, CA

Nearby Markets to Redlands, CA

What housing markets are near Redlands, CA?