Fall River Mills, CA housing market
The typical Fall River Mills home is worth about $296,000, up 2.5% in a year, 61% below the California typical home.
Home values, sales, trends and how Fall River Mills compares with the towns next door — updated as new data is published.
Fall River Mills at a glance
Only 1 sale in March 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Fall River Mills | California |
|---|---|---|
| 2017 | $204,000 | $453,000 |
| 2018 | $218,000 | $501,000 |
| 2019 | $226,000 | $539,000 |
| 2020 | $231,000 | $551,000 |
| 2021 | $255,000 | $607,000 |
| 2022 | $292,000 | $703,000 |
| 2023 | $284,000 | $727,000 |
| 2024 | $289,000 | $758,000 |
| 2025 | $289,000 | $782,000 |
| 2026 | $292,000 | $767,000 |
| August 2026 | $296,000 | $764,000 |
Fall River Mills and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Fall River Mills | $296K | +2.5% | $1,590 | $44,276 |
| McArthur | $304K | +4.2% | $1,560 | $36,554 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,590
HUD's Fair Market Rent for a two-bedroom in Fall River Mills is $1,590 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $1,170 · 4 bedrooms $2,670
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (96028; Redding, CA MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, March 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.