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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Redding Center, CT Housing Affordability Index

Redding Center, Connecticut has an MBR Housing Affordability Index score of 95.1 (Near National Average) as of October 30, 2026, ranking 45th most affordable of 95 scored Connecticut cities, compared with 87.5 statewide and 97.4 nationally. On a median-priced $616,100 home with 20% down, the Connecticut average 30-year fixed rate of 7.25% means a monthly principal and interest payment of about $3,362, or 21% of the city’s $188,482 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Redding Center is updated every night from live Connecticut mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Redding Center MBR-HAI 95.1 Near National Average
Rank in Connecticut 45 of 95 1 = most affordable
Connecticut 87.5 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.25% Connecticut lenders
Median home value $616,100 U.S. Census Bureau

Redding Center is 7.6 points above the Connecticut score. Scores as of October 30, 2026. See the Connecticut index

View Redding Center Mortgage Rates

What It Takes to Buy in Redding Center

$3,362/mo
Principal & Interest
Median home, 20% down, 7.25%
$144,100
Income Needed
To keep the payment at 28% of income
$188,482
Median Household Income
Connecticut: $95,781
3.3x
Price-to-Income Ratio
Connecticut: 3.8x
$3,250/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$6,749/yr
Median Property Tax
Connecticut figure
28.6%
Owner Cost Burden
Owners spending 30%+ of income on housing
100.0%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Redding Center, Connecticut. The rate is the Connecticut average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Redding Center Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Redding Center, Connecticut score: 95.1 (Near National Average), ranked 45 of 95 Connecticut cities. monitorbankrates.com/housing-affordability-index/connecticut/redding-center”