2 days on Rocket
$10,000 Closing Credit¹
#25-946, Ronald D White, Listing Office: TREG INC - The Real Estate Group
Palo Cedro Housing Market Report February 2025•Shasta County, California
Housing Prices in Palo Cedro, CA
How much do homes in Palo Cedro, CA cost?
Housing Market Conditions
Is Palo Cedro, CA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Palo Cedro is a Seller's Market
Difference Since February 2024
At the same time last year, Palo Cedro was a Neutral Market.
Insight
Palo Cedro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$579,900$268/SqFt
+$27,900
+5.1%
Based on all homes sold in the last 12 months
Insight
Homes in Palo Cedro have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in Palo Cedro was $579,900 in February 2025, up 5.1% from last year, and the median price per square foot was $268.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Palo Cedro | $552K | $579.9K | +5.1% |
| Redding | $395K | $394.9K | 0.0% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $815K | N/A |
| 22 Bedrooms | $389.5K | $387K | -0.6% |
| 33 Bedrooms | $520K | $487K | -6.3% |
| 44 Bedrooms | $680K | $646.6K | -4.9% |
| 55+ Bedrooms | $985K | $760K | -22.8% |
Summary: Palo Cedro housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -0.6%. The home price for 3 bedroom homes decreased by -6.3%. The home price for 4 bedroom homes decreased by -4.9%. The home price for 5 bedroom homes decreased by -22.8%.
How does Palo Cedro, CA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Palo Cedro, CA
Housing supply in Palo Cedro, CA
How many homes are available in Palo Cedro, CA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 16Last MonthFeb 2025 | ||
| 192 months agoJan 2025 | -15.8 % Change MoMJan – Feb |
Summary: The Palo Cedro real estate market had 16 homes for sale in Feb 2025, a 15.8 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthFeb 2025 | ||
| 42 months agoJan 2025 | +25.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 1 | +100.0% |
| 22 Bedrooms | 1 | 1 | 0.0% |
| 33 Bedrooms | 8 | 6 | -25.0% |
| 44 Bedrooms | 7 | 5 | -28.6% |
| 55+ Bedrooms | 3 | 3 | 0.0% |
Summary: Palo Cedro housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -25.0%. The inventory for 4 bedroom homes decreased by -28.6%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Palo Cedro, CA cost?
Over Asking Price0 Home
At Asking Price3 Homes
Under Asking Price2 Homes
Insight
If you're buying a home in Palo Cedro, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Palo Cedro in February 2025, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and and 0% were sold over asking.
Days on Market for Palo Cedro, CA
How long does it take to sell a home in Palo Cedro, CA?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days2 Homes
Over 90 Days3 Homes
Insight
Most homes in Palo Cedro are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 5 homes were sold in Palo Cedro; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 122 DaysThis YearFeb 2025 | ||
| 193 Days1 year agoFeb 2024 | -36.4 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Palo Cedro had an average listing age of 122 days in Feb 2025, down by 36.4% compared to the previous year.
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Newest Listings in Palo Cedro, CA
What homes are available in Palo Cedro, CA?
5 days on Rocket
$10,000 Closing Credit¹
#25-889, Mike P Rossiter, Listing Office: Coldwell Banker C&C Properties
5 days on Rocket3D tour
$7,124 Closing Credit¹
#25-764, Cory Meyer, Listing Office: eXp Realty of Northern California, Inc.
#25-727, Molly Kidd, Listing Office: Wahlund & Co. Realty Group
$10,000 Closing Credit¹
#25-652, Jamie M Edwardson, Listing Office: Wise House Realty
#24-5277, Cory Meyer, Listing Office: eXp Realty of Northern California, Inc.
$7,707 Closing Credit¹
#25-340, Hannah Swain, Listing Office: TREG, INC dba The Real Estate
$7,124 Closing Credit¹
#25-323, Terence Davis, Listing Office: Terence Davis & Associates
#24-3998, Jesse Eline, Listing Office: eXp Realty of Northern California, Inc.
$8,016 Closing Credit¹
#25-82, Tanya A Mewhirter, Listing Office: Shasta Realty Group
#24-4262, Cory Meyer, Listing Office: eXp Realty of Northern California, Inc.
#24-3999, Meg Grotting, Listing Office: RE/MAX Five Star - Grotting
Nearby markets
Nearby markets aren't available for Palo Cedro, CA
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MLS Disclaimers and Copyright
Based on information from Shasta MLS, for the period 03/01/2023 - 03/01/2025
The listings on this site are displayed courtesy of the IDX program of Shasta Association of REALTORS and may not be the listings of the site owner. All information is deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 10:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.