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Bankruptcy Homes in Palo Cedro, CA

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Home Value Estimator For Palo Cedro, CA

There are currently 1,417 real estate properties in Palo Cedro, CA, with a median automated valuation model (AVM) price of $453,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Palo Cedro, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Palo Cedro, CA, is $476,699.00, with the most expensive house in Palo Cedro, CA, topping out at $3,442,000.00 and the cheapest home in Palo Cedro, CA, clocking in at $65,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Palo Cedro, CA!


Rent Prices In Palo Cedro, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Palo Cedro, CA, is on a rollercoaster ride. The average rent price in Palo Cedro, CA, is $1,725.00. Indeed, when looking to rent in Palo Cedro, CA, you can expect to pay as little as $900.00 or as much as $3,270.00, with the average rent median estimated to be $1,680.00. The good news is that finding an affordable and desirable property to rent in Palo Cedro, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Palo Cedro, CA In 2024

Palo Cedro is located in Shasta, California, with an estimated municipal population of 1,143 residents. All of the best foreclosed homes for sale in Palo Cedro are located in the following zip code areas on Foreclosure.com: 96073. The estimated population per square kilometer (.62 miles) in Palo Cedro is 119.


Cost Of Living In Palo Cedro, CA

So, about how much do homes cost in Palo Cedro? The most recent median value of resident-owned homes in Palo Cedro is 372,939. An estimated 91.7 percent of households in Palo Cedro own their homes, with an average family size of 3.35. The median household income in Palo Cedro is 74,931, with29.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Palo Cedro, the median commute time of resident workers (in minutes) is 18.6. And last, but certainly not least, are you looking for homes to rent in Palo Cedro? If so, the average rent price paid by renters in Palo Cedro is 1,806, according to recent statistics.


Diversity And Demographics In Palo Cedro, California

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Palo Cedro, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Palo Cedro is 47.5, split between 51.5 percent male versus 48.5 female. The percentage of residents who report being married in Palo Cedro is 63.5, with an average family size of 3.35.

The percentage of residents who report their race in Palo Cedro is as follows:

White 93.4%
Black / African American 1.3%
Asian 0.5%
American Indian / Alaskan Native 3.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.5%
Other 0%

Looking for family-friendly neighborhoods in and/or near Palo Cedro? Or maybe you are searching for 55+ active adult communities in and/or near Palo Cedro?

The percentage of residents who report their age in Palo Cedro is as follows:

Under 10 10.9%
Aged 10-19 18.1%
20s 1.2%
30s 13.4%
40s 10.2%
50s 14.5%
60s 14.3%
70s 6.7%
80+ 10.5%

Best Schools In Palo Cedro, California

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Palo Cedro with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Palo Cedro.


Pros And Cons Of Living In Palo Cedro, California

How do you know that living in -- or moving to -- Palo Cedro is right where you need to be? Perhaps you grew up in Palo Cedro or already live nearby; therefore, the decision to buy a home in Palo Cedro is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Palo Cedro for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Palo Cedro:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Palo Cedro.


Reasons To Move To Palo Cedro, California, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Palo Cedro can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Palo Cedro, meanwhile, can field multiple offers from more qualified buyers.

Palo Cedro, CA Bankruptcy Homes


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