Redwood City Housing Market

Redwood City Market Snapshot

Redwood City 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 46 homes sold in March 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through March 2026

SalesWhat are homes selling for?
Median Sale Price
$1.93M
Down 10.4% from March 2025
Down $224K from March 2025
Homes Sold
46
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$11,757/mo
6.3% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$9,562
  • Property Tax$2,011
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
12 days
4 fewer days than in March 2025
Homes sell in a week or two
Sale-to-List Ratio
105.2%
Down from 106.6% in March 2025
Selling 5% above asking
% Sold Over Asking
63%
More than half of homes sold above their asking price
Active Listings
72
Up 2.9% from March 2025
About 1.6 months of supply. Very low, limited options for buyers

Market Trends

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

Median Sale Price
Down 10.4% year-over-year in Redwood City. Based on 46 sales in the most recent month.
Homes Sold
64% more homes sold than a year ago in Redwood City.
Total Monthly Payment
Estimated monthly cost is down 12% from a year ago in Redwood City, 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 6.3%. Your actual rate depends on your credit, down payment, and loan type.
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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