$98,000
- 2 Beds
- 2 Baths
- 1,248 Sq Ft
4672 Underwood Dr Sp# 284, Redding, CA 96003
Richard Young Northstate Real Estate Professionals
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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.
Home Trends in Magnolia, CA
On average, homes in Magnolia, Redding sell after 24 days on the market compared to the national average of 52 days. The median sale price for homes in Magnolia, Redding over the last 12 months is $320,000, down 5% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$320,000
Median Single Family Sale Price
$335,000
Average Price Per Sq Ft
$241
Number of Homes for Sale
4
Last 12 months Home Sales
23
Months of Supply
2.10
Median List Price
$355,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-5%
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