Why Live in Magnolia
Magnolia, a neighborhood in Redding, is known for its charming older homes and walkability to Downtown Redding, which is about a mile away. The area features homes built from the 1920s to the 1950s, offering a variety of architectural styles including Craftsman bungalows, cottages, Spanish, prairie, and Tudor influences. These homes often come with generous yard space and mature trees, providing ample privacy and a unique character. Magnolia Park, centrally located, serves as the main recreational space with an open lawn, playground, and basketball court. The Sacramento River Trail, less than a mile north, offers additional outdoor activities. The neighborhood is part of the Redding Elementary School District and the Shasta Union High School District, both of which have high ratings. For dining, residents often walk to Downtown Redding, where popular spots like Vintage Public House and Damburger are located. Grocery shopping is convenient with a Safeway just over a mile away and Mt. Shasta Mall 4 miles west. While Redding is far from major cities, Magnolia's central location makes local commuting easy, with Sacramento being the closest major city at 160 miles south. Redding Regional Airport, 10 miles south, offers flights to major cities like San Francisco, Seattle, and Los Angeles. Despite the region's susceptibility to wildfires, Magnolia's city center location reduces the risk of fire damage.
Frequently Asked Questions
Is Magnolia a good place to live?
Magnolia is a good place to live. Magnolia is considered somewhat walkable and bikeable with some transit options. Magnolia has 3 parks for recreational activities. It is somewhat dense in population with 10.1 people per acre and a median age of 36. The average household income is $56,440 which is below the national average. College graduates make up 13.2% of residents. A majority of residents in Magnolia are renters, with 74.3% of residents renting and 25.7% of residents owning their home. A
local real estate agent serving Magnolia can help you decide if this neighborhood is the right one for you. Learn more on our
Magnolia neighborhood guide.
How much do you need to make to afford a house in Magnolia?
The median home price in Magnolia is $444,143. If you put a 20% down payment of $88,800 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,300 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $99K a year to afford the median home price in Magnolia. The average household income in Magnolia is $56K.
What are the best public schools in Magnolia?
The best public schools that serve Magnolia are:
- Shasta High School has an A Niche grade, a student teacher ratio of 21:1 and an average review score of 3.9.
- Manzanita Elementary School has a B+ Niche grade, a student teacher ratio of 23:1 and an average review score of 5.0.
- Sequoia Middle School has a B+ Niche grade, a student teacher ratio of 13:1 and an average review score of 4.0.
What are the best private schools in Magnolia?
The best private schools that serve Magnolia are:
What are the most popular zip codes in Magnolia, Redding, CA?
What are the most popular neighborhoods near Magnolia, Redding, CA?
Are home prices dropping in Magnolia?
Yes, home prices in Magnolia are down 15% in the last 12 months.
Home Trends in Magnolia, CA
On average, homes in Magnolia, Redding sell after 146 days on the market compared to the national average of 70 days. The median sale price for homes in Magnolia, Redding over the last 12 months is $395,000, down 40% from the median home sale price over the previous 12 months.
Median Sale Price
$395,000
Median Single Family Sale Price
$414,900
Median Townhouse Sale Price
$363,500
Average Price Per Sq Ft
$318
Number of Homes for Sale
3
Last 12 months Home Sales
29
Median List Price
$444,143
Median Change From 1st List Price
12%
Median Home Sale Price YoY Change
-40%