Central Redwood City, Redwood City Housing Market · 2026

Data through Jul 2026

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

Central Redwood City, Redwood City Market Snapshot

Central Redwood City favors sellers and competition is intensifying. Here's the picture:

Based on 12 homes sold in the 3 months ending July 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through July 2026

SalesWhat are homes selling for?
Median Sale Price
$1.50M
Down 12.0% from July 2025
Down $204K from July 2025
Homes Sold
12
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$9,488/mo
6.71% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$7,743
  • Property Tax$1,561
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
15 days
29 fewer days than in July 2025
Homes typically sell within a month
Sale-to-List Ratio
103.3%
Up from 100.5% in July 2025
Selling 3% above asking
% Sold Over Asking
50%
50% of homes sold above asking, some competition
Active Listings
6
Up 221.4% from July 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 Central Redwood City.

Median Sale Price
Down 12.0% year-over-year in Central Redwood City. Based on 12 sales in the last 3 months.
Homes Sold
About the same sales volume as a year ago in Central Redwood City.
Total Monthly Payment
Estimated monthly cost is down 12% 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 6.71%. 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 favors sellers and competition is intensifying. Buyers should prepare strong offers and expect limited room to negotiate on well-priced listings.

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

At $1.50M, Central Redwood City, Redwood City's median sits about 17% below the Bay Area average of $1.80M. That average is skewed high by ultra-premium peninsula enclaves like Atherton and Woodside, so a more useful frame is that Central Redwood City, Redwood City is one of the more accessible corners of the Bay Area.

Within Redwood City, this area trades about 24% below the city-wide median of $1.98M.

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

Central Redwood City, Redwood City currently favors sellers:

  • Homes sell about 3% above asking on average
  • 50% close above list price
  • 15 days typical time to go pending
  • 19% of listings have had a price reduction

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 Central Redwood City, Redwood City home?

At $1.50M with 20% down at 6.71%, your estimated total monthly cost is approximately $9,488:

  • $7,743 principal and interest
  • $1,561 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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