The Central Business District housing market is somewhat competitive. The median sale price of a home in Central Business District was $494K last month, down 28.0% since last year. The median sale price per square foot in Central Business District is $445, up 25.8% since last year.
What is the housing market like in Central Business District today?
$494K
Sale Price
-28.0% since last year
$445
Sale $/Sq. Ft.
+25.8% since last year
Under List Price
1.2%
Days on Market
40.5
Down Payment
—
Total Homes Sold
2
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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Central Business District housing market?
Central Business District is somewhat competitive. Homes sell in 40.5 days.
0
100
57
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 about 1% below list price and go pending in around 41 days.
Hot homes
can sell for about 1% above list price and go pending in around 20 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
Redlands Eacademy
Public • K-12 • Choice school
95
Students
N/A
6/10
Kingsbury Elementary School
Public • K-5
449
Students
5 reviews
6/10
McKinley Elementary School
Public • K-5
435
Students
3 reviews
5/10
Franklin Elementary School
Public • K-5
685
Students
7 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.
Risk Factor
Flood Factor - Extreme
100% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Central Business District has an extreme risk of flooding. 1,273 properties in Central Business District are likely to be
severely affected
by flooding over the next 30 years. This represents 100% of all properties in Central Business District. Flood risk is increasing slower than the national average.
59% of properties are at risk of wildfire over the next 30 years
Fire Factor
Central Business District has a minor risk of wildfire. There are 755 properties in Central Business District that have some risk of being affected by wildfire over the next 30 years. This represents 59% of all properties in Central Business District.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Central Business District has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Central Business District is most at risk from hurricanes. 1,279 properties in Central Business District have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 146 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 155 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Central Business District has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Central Business District have an Extreme Heat Factor®.
Central Business District is expected to see a 200% increase in the number of days over 105ºF over the next 30 years. Central Business District is expected to experience 6