Home prices
The median home in Palo Cedro costs $368,300. Compared to the surrounding areas it is about $92,580 (33%) higher.In comparison to the nation as a whole it is roughly $150,800 (69%) higher, and it is approximately $40,600 (12%) higher compared to the city of Chico.
Rents
In Palo Cedro the median monthly rent is $1,806. This is roughly $689 (61%) higher in comparison to its nearby areas.It is approximately $744 (70%) higher compared to the rest of the nation, and it is about $706 (64%) higher in comparison to the city of Chico.
Nearby places
Millville
Millville is Palo Cedro's neighbor to the east. Its housing prices are somewhat more expensive. The median home in Millville costs $410,000, which works out to $41,700 (10%) higher than Palo Cedro. Rents there are a lot less expensive. Millville's median rent is $1,137 a month, which is $669 (58%) lower than Palo Cedro.
Redding
Redding is approximately 5 miles west of Palo Cedro. Real estate prices there are a lot less expensive. The cost of the median home in Redding is $264,900, which is $103,400 (39%) lower than Palo Cedro. Rents there are a lot less expensive. Redding's median monthly rent is $1,075, which comes out to $731 (68%) lower than Palo Cedro.
Bella Vista
Bella Vista is about 6 miles north of Palo Cedro. Real estate prices there are a bit less expensive. The median home value in Bella Vista is $320,500, which works out to $47,800 (14%) lower than Palo Cedro. Its rents are significantly less expensive. Bella Vista's median rent is $1,344 per month, which is $462 (34%) lower than Palo Cedro.
Anderson
Anderson is roughly 7 miles south of Palo Cedro. Real estate prices there are significantly less expensive. The cost of the median home in Anderson is $200,200, which works out to $168,100 (83%) lower than Palo Cedro. Rent there is a lot less expensive. The median monthly rent in Anderson is $912, which comes out to $894 (98%) lower than Palo Cedro.
Shasta Lake
Shasta Lake is approximately 10 miles northwest of Palo Cedro. The real estate prices there are a lot less expensive. The median home in Shasta Lake is valued at $183,000, which comes out to $185,300 (101%) lower than Palo Cedro. Rents there are a lot less expensive. Shasta Lake's median monthly rent is $1,118, which comes out to $688 (61%) lower than Palo Cedro.
