Redwood City, CA Home Values & Market Trends

Real estate market trends reflect that there have been 779 transactions over the past year in Redwood City. The median value for residential home transactions that occurred over the previous year is $1,884,835. The number of current listings in Redwood City is 886, and the percentage of properties for sale in the city is 886.00%. Redwood City, CA currently has 24 properties in foreclosure, 1 bank owned properties, 4 properties headed for auction, and 886 properties for sale.

Redwood City, CA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
94062

$ 3,014,357

$ 1,400/sqft

94065

$ 1,412,580

$ 942/sqft

94061

$ 2,081,365

$ 1,257/sqft

94063

$ 1,347,809

$ 1,101/sqft

Housing Market Summary for Redwood City, CA

Sep 2025September 2026Change
Median Listing Price$1.7M$1.7M1.07%
Median Sold Price$2M$1.8M-11.45%
Homes For Sale360869141.39%
Homes Sold498426-14.46%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Redwood City, CA

Redwood City home values range from $300,509 to $7,388,676. The median estimated value of a home in Redwood City is $1,884,835. The median list price of a home is 1,695,000, and the total count of properties in the city is 1,347.

Foreclosure
There are 4 zips within Redwood City, CA; within these zips, the median estimated home value for homes in foreclosure ranges from $1,510,812 in 94062 to the lowest value of $549,000 in 94062. Foreclosure homes account for 1.00% of properties in Redwood City, CA with 94061 containing 10 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.41% of all residential properties in Redwood City, CA with 94061 containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Redwood City, CA; of those zips, the estimated home value for pre-foreclosure homes ranges from $2,268,160 in 94062 to the lowest home value of $854,474 in 94065.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Redwood City, CA ranges from the highest value of $3,351,794 in 94062 to the lowest value of $549,000 in 94062. Bank owned homes and properties account for 0.07% of properties in Redwood City, CA. There are 4 zips within Redwood City, CA; 94062 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    94061 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Redwood City, CA. Auction homes and other auction properties account for 0.30% of all properties in Redwood City, CA. There are 4 zips within Redwood City, CA; of those zips, the median estimated home value for homes going to auction ranges from $1,548,888 in 94063 to the lowest value of $822,076 in 94063.
Homes for Sale
Homes and properties that are actively listed for sale account for 65.78% of residential properties in Redwood City, CA with 94062 containing 361 homes for sale, the highest number of listed properties in a single zip. There are 4 zips within Redwood City, CA; homes for sale in those zips, have a range of median values from $4,179,801 in 94065 to the lowest value of $300,509 in 94061.
    Sold Homes
    The median value for recently sold homes ranges from $17,419,371 in 94062 to the lowest price of $563,680 in 94062. There are 4 zips within Redwood City, CA. 94061 has 175 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 30.66% of properties in Redwood City, CA.

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      Guide for Redwood City, CA

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.