Central Redwood City, Redwood City Housing Market · 2026

Data through Mar 2026

Central Redwood City, Redwood City Market Snapshot

Central 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 5 homes sold in March 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 March 2026

SalesWhat are homes selling for?
Median Sale Price
$1.79M
Up 9.6% from March 2025
Up $157K from March 2025
Homes Sold
5
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$11,121/mo
6.53% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$9,074
  • Property Tax$1,863
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
8 days
14 fewer days than in March 2025
Homes sell in a week or two
Sale-to-List Ratio
113.3%
Up from 101.1% in March 2025
Selling 13% above asking
% Sold Over Asking
100%
100% of homes sold above their asking price
Active Listings
5
Down 44.4% from March 2025
About 1 month of supply. Very low, limited options for buyers

Market Trends

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

Median Sale Price
Up 9.6% year-over-year in Central Redwood City. Based on 5 sales in the most recent month.
Homes Sold
58% fewer homes sold than a year ago in Central Redwood City.
Total Monthly Payment
Estimated monthly cost is up 7% from a year ago in Central 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 6.53%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Central Redwood City, Redwood City

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

Central Redwood City, 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 Central Redwood City, Redwood City home prices compare to the Bay Area average?

At $1.79M, Central Redwood City, Redwood City's median is close to the Bay Area average of $1.88M.

This is close to the Redwood City city-wide median of $1.93M.

How competitive is Central Redwood City, Redwood City for buyers?

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

  • Homes sell about 13% above asking on average
  • 100% close above list price
  • 8 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 Central Redwood City, Redwood City home?

At $1.79M with 20% down at 6.53%, your estimated total monthly cost is approximately $11,121:

  • $9,074 principal and interest
  • $1,863 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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