The Central Business District housing market is somewhat competitive. The median sale price of a home in Central Business District was $480K last month, up 5.3% since last year. The median sale price per square foot in Central Business District is $309, up 7.9% since last year.
What is the housing market like in Central Business District today?
$480K
Sale Price
+5.3% since last year
$309
Sale $/Sq. Ft.
+7.9% since last year
Over List Price
0.1%
Days on Market
33
Down Payment
100.0%
Total Homes Sold
5
To compare other locations to the Central Business District and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Redlands add value to a home.
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How hot is the Central Business District housing market?
Central Business District is somewhat competitive. Homes sell in 33 days.
0
100
69
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 33 days.
Hot homes
can sell for about 1% above list price and go pending in around 22 days.
Learn about schools in the Central Business District area
Elementary
Middle
High
GreatSchools Rating
7/10
Redlands Eacademy
Public • K-12
159
Students
N/A
6/10
McKinley Elementary School
Public • K-5
340
Students
3 reviews
5/10
Franklin Elementary School
Public • K-5
612
Students
8 reviews
5/10
Kingsbury Elementary School
Public • K-5
471
Students
5 reviews
NR
Redlands Adult
Public • N/A
-
Students
N/A
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Central Business District housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Central Business District.
Flood Factor - Moderate
66% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Central Business District has a moderate risk of flooding. 36 properties in Central Business District are likely to be
severely affected
by flooding over the next 30 years. This represents 66% of all properties in Central Business District. Flood risk is increasing slower than the national average.
Central Business District has minimal risk of severe winds over the next 30 years
Wind Factor
Central Business District has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
59% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Central Business District has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 59% of homes in Central Business District have a Severe Heat Factor®.
Central Business District is expected to see a 185% increase in the number of days over 100ºF over the next 30 years. Central Business District is expected to experience 7