Farm Hill, Redwood City Housing Market · 2026

Data through May 2026

Farm Hill, Redwood City Market Snapshot

Farm Hill is still one of the most competitive markets in the Bay Area, but competition is starting to ease. Here's the picture:

Based on 9 homes sold in May 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 May 2026

SalesWhat are homes selling for?
Median Sale Price
$2.43M
Down 0.8% from May 2025
Down $20K from May 2025
Homes Sold
9
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$14,989/mo
6.49% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$12,275
  • Property Tax$2,531
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
12.5 days
2 more days than in May 2025
Homes sell in a week or two
Sale-to-List Ratio
105.8%
Down from 107.0% in May 2025
Selling 6% above asking
% Sold Over Asking
78%
78% of homes sold above their asking price
Active Listings
9
Up 50.0% from May 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 Farm Hill.

Median Sale Price
Down 0.8% year-over-year in Farm Hill. Based on 9 sales in the most recent month.
Homes Sold
40% fewer homes sold than a year ago in Farm Hill.
Total Monthly Payment
Estimated monthly cost is down 4% from a year ago in Farm Hill, 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 6.49%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Farm Hill, Redwood City

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

Farm Hill, Redwood City is still a highly competitive market, but conditions are starting to ease. Buyers should move quickly on well-priced homes and expect to offer above asking, though the most intense bidding wars may be tapering.

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

At $2.43M, Farm Hill, Redwood City's median sits about 31% above the Bay Area average of $1.85M. Farm Hill, Redwood City is on the higher end of the regional market.

This is close to the Redwood City city-wide median of $2.21M.

By home type:

  • Single-family homes at $2.67M
  • Condos at $620K
What price range should I budget for in Farm Hill, Redwood City?

Prices in Farm Hill, Redwood City depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Single-family homes at $2.67M
  • Condos at $620K

Individual listings vary widely based on location, size, and condition. The best calibration is to narrow to a few specific neighborhoods you are considering and look at recent sales there.

How competitive is Farm Hill, Redwood City for buyers?

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

  • Homes sell about 6% above asking on average
  • 78% close above list price
  • 12.5 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 Farm Hill, Redwood City home?

At $2.43M with 20% down at 6.49%, your estimated total monthly cost is approximately $14,989:

  • $12,275 principal and interest
  • $2,531 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra. Condo buyers typically budget an additional $300 to $700 per month for HOA, and townhome HOAs run $200 to $500.

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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