Canyon, Redwood City Housing Market · 2026

Data through Jul 2026

Data curated by Melanie Tan, 8 Blocks Real Estate · How this data works

Canyon, Redwood City Market Snapshot

Canyon favors sellers and competition is intensifying. Here's the picture:

Based on 7 homes sold in the 3 months ending July 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Enough to see the trend, but individual sales still move the median. Updated weekly.

Data through July 2026

SalesWhat are homes selling for?
Median Sale Price
$3.78M
Up 68.2% from July 2025
Up $1.53M from July 2025
Homes Sold
7
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$23,677/mo
6.71% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$19,552
  • Property Tax$3,941
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
17 days
10 more days than in July 2025
Homes typically sell within a month
Sale-to-List Ratio
102.7%
Up from 101.4% in July 2025
Selling at or near asking price
% Sold Over Asking
71%
71% of homes sold above their asking price
Active Listings
1
About 0.5 months of supply. Very low, limited options for buyers

Market Trends

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

Median Sale Price
Up 68.2% year-over-year in Canyon. Based on 7 sales in the last 3 months.
Homes Sold
Total Monthly Payment
Estimated monthly cost is up 66% from a year ago in Canyon, 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 6.71%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Canyon, Redwood City

Is now a good time to buy in Canyon, Redwood City?

Canyon, Redwood City favors sellers and competition is intensifying. Buyers should prepare strong offers and expect limited room to negotiate on well-priced listings.

How do Canyon, Redwood City home prices compare to the Bay Area average?

At $3.78M, Canyon, Redwood City's median sits about 110% above the Bay Area average of $1.80M. Canyon, Redwood City is on the higher end of the regional market.

Within Redwood City, this area trades about 91% above the city-wide median of $1.98M.

How competitive is Canyon, Redwood City for buyers?

Canyon, Redwood City currently favors sellers:

  • Homes sell about 3% above asking on average
  • 71% close above list price
  • 17 days typical time to go pending

Buyer strategy: well-priced homes still move quickly, but there is modest room for strong offers. Come in pre-approved with a clear plan.

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

At $3.78M with 20% down at 6.71%, your estimated total monthly cost is approximately $23,677:

  • $19,552 principal and interest
  • $3,941 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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