About Redwood City
Redwood City is located in
San Mateo County and sits almost directly in the middle of San Francisco and
San Jose. Also neighbored by the cities of
San Carlos,
Atherton and
East Palo Alto; Redwood City homes are very popular for Bay Area commuters with easy access to Highways 280 and 101. The city has great public transportation options with service by CalTrain, B.A.R.T., and SamTrans. It’s a center for the high-tech industry with Oracle and Electronic Arts being the area’s top two employers. The city’s downtown area was refurbished in 2006 and now boasts a shopping center which includes numerous restaurants, retail stores, ample parking and is highlighted by a 20-screen movie theater. The area enjoys year round Mediterranean weather and boasts more than 20 public parks. The city has plenty of educational options being serviced by Sequoia Union High School District, Redwood City School District and is home to its own community college. You can search Redwood City real estate by its zip codes
94061,
94062, or
94063, and add to your search by using our
Find an Agent feature to help you purchase your ideal Redwood City home.
REAL ESTATE MARKET STATISTICS
Location: Redwood City
Geography Type: City
Data Period: Feb 2026
Source: MLSListings (www.mlslistings.com) Provided by Aculist
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SINGLE FAMILY HOMES
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Median Sale Price: $2,250,000 (-8.2% YoY)
Average Sale Price: $2,132,520
Active Listings: 37
New Listings: 41
Pending Sales: 20
Closed Sales: 25
Median Days on Market: 9 days
Average Days on Market: 23 days
Median Price/SqFt: $1,377
Average Price/SqFt: $1,332
Sale-to-List Ratio: 108%
Months of Inventory: 1.4
Total Sale Volume: $53,313,013
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CONDOS & TOWNHOMES (ATTACHED HOMES)
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Median Sale Price: $903,888
Average Sale Price: $1,029,444
Active Listings: 25
New Listings: 13
Pending Sales: 4
Closed Sales: 11
Median Days on Market: 53 days
Average Days on Market: 67 days
Median Price/SqFt: $761
Average Price/SqFt: $756
Sale-to-List Ratio: 98%
Months of Inventory: 3.7
Total Sale Volume: $11,323,888
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MARKET INTERPRETATION
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• SELLER'S MARKET: Less than 3 months of inventory indicates strong demand and competitive conditions for buyers.
• COMPETITIVE BIDDING: Homes selling at 8% over asking price on average.
• FAST-MOVING: Median 2 weeks or less on market indicates high demand.
Apr 2024 – Feb 2026
Single-family homes in Redwood City have a median sale price of $2,250,000, up 3.5% over the past 3 months. There are 37 active listings, and 25 homes sold last month, with a median of 9 days on market. Condos and townhomes average $903,888, with 25 currently available. The price per square foot is $1,377 for single-family homes versus $761 for attached homes.
Median Sale Price Trends
Single Family Homes
Condos & Townhomes