Canyon, Redwood City Housing Market · 2026

Data through Sep 2026

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

Canyon, Redwood City Market Snapshot

Canyon 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 5 homes sold in the 3 months ending September 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 September 2026

SalesWhat are homes selling for?
Median Sale Price
$2.75M
▼ Down 8.5% from September 2025
Down $255K from September 2025
Homes Sold
5
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$18,275/mo
7.4% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$15,228
  • Property Tax$2,864
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
14 days
▼ 9 fewer days than in September 2025
Homes sell in a week or two
Sale-to-List Ratio
105.5%
▲ Up from 96.4% in September 2025
Selling 6% above asking
% Sold Over Asking
100%
100% of homes sold above their asking price
Active Listings
n/a

Market Trends

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

Median Sale Price
Down 8.5% year-over-year in Canyon. Based on 5 sales in the last 3 months.
Homes Sold
Total Monthly Payment
Estimated monthly cost is down 3% 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 7.4%. 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 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 Canyon, Redwood City home prices compare to the Bay Area average?

At $2.75M, Canyon, Redwood City's median sits about 55% above the Bay Area average of $1.77M. Canyon, Redwood City is on the higher end of the regional market.

Within Redwood City, this area trades about 41% above the city-wide median of $1.95M.

How competitive is Canyon, Redwood City for buyers?

Canyon, Redwood City is one of the Bay Area's more competitive markets:

  • Homes sell about 6% above asking on average
  • 100% 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 Canyon, Redwood City home?

At $2.75M with 20% down at 7.4%, your estimated total monthly cost is approximately $18,275:

  • $15,228 principal and interest
  • $2,864 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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