Redwood Heights, Oakland Housing Market · 2026

Data through May 2026

Redwood Heights, Oakland Market Snapshot

Redwood Heights is one of the most competitive markets in the Bay Area, and it's still heating up. Here's what you need to know:

Based on 27 homes sold in May 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through May 2026

SalesWhat are homes selling for?
Median Sale Price
$1.20M
Up 42.9% from May 2025
Up $360K from May 2025
Homes Sold
27
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$7,495/mo
6.49% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$6,062
  • Property Tax$1,250
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
14 days
1 more day than in May 2025
Homes sell in a week or two
Sale-to-List Ratio
124.0%
Up from 110.3% in May 2025
Selling 24% above asking
% Sold Over Asking
93%
93% of homes sold above their asking price
Active Listings
17
Down 19.0% from May 2025
About 0.6 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Redwood Heights.

Median Sale Price
Up 42.9% year-over-year in Redwood Heights. Based on 27 sales in the most recent month.
Homes Sold
17% more homes sold than a year ago in Redwood Heights.
Total Monthly Payment
Estimated monthly cost is up 37% from a year ago in Redwood Heights, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.49%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Redwood Heights, Oakland

Is now a good time to buy in Redwood Heights, Oakland?

Redwood Heights, Oakland is one of the most competitive markets in the Bay Area. Buyers should expect to offer above asking price, be prepared to waive contingencies, and act fast. Coming in with strong financing and a clear strategy is essential.

How do Redwood Heights, Oakland home prices compare to the Bay Area average?

At $1.20M, Redwood Heights, Oakland's median sits about 35% below the Bay Area average of $1.85M. That average is skewed high by ultra-premium peninsula enclaves like Atherton and Woodside, so a more useful frame is that Redwood Heights, Oakland is one of the more accessible corners of the Bay Area.

Within Oakland, this area trades about 29% above the city-wide median of $928K.

How competitive is Redwood Heights, Oakland for buyers?

Redwood Heights, Oakland is one of the Bay Area's more competitive markets:

  • Homes sell about 24% above asking on average
  • 93% close above list price
  • 14 days typical time to go pending

Buyer strategy: budget 5 to 10% above ask on well-priced listings, with financing pre-approved and offers ready to move quickly.

What will my total monthly cost be on a median-priced Redwood Heights, Oakland home?

At $1.20M with 20% down at 6.49%, your estimated total monthly cost is approximately $7,495:

  • $6,062 principal and interest
  • $1,250 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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