Redwood Shores, Redwood City Housing Market · 2026

Data through May 2026

Redwood Shores, Redwood City Market Snapshot

Redwood Shores is a balanced market, a good environment for thoughtful decisions on both sides:

Based on 35 homes sold in May 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through May 2026

SalesWhat are homes selling for?
Median Sale Price
$1.68M
Up 0.3% from May 2025
Up $5K from May 2025
Homes Sold
35
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$10,419/mo
6.49% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$8,486
  • Property Tax$1,750
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
15 days
1 fewer day than in May 2025
Homes typically sell within a month
Sale-to-List Ratio
103.0%
Down from 103.1% in May 2025
Selling at or near asking price
% Sold Over Asking
51%
More than half of homes sold above their asking price
Active Listings
24
· Up 0.0% from May 2025
About 0.7 months of supply. Very low, limited options for buyers

Market Trends

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

Median Sale Price
Up 0.3% year-over-year in Redwood Shores. Based on 35 sales in the most recent month.
Homes Sold
25% more homes sold than a year ago in Redwood Shores.
Total Monthly Payment
Estimated monthly cost is down 3% from a year ago in Redwood Shores, 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 Redwood Shores, Redwood City

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

Redwood Shores, Redwood City is a balanced market, a good environment for thoughtful decisions on both sides. Sellers can expect fair prices and buyers have time to negotiate without extreme pressure.

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

At $1.68M, Redwood Shores, Redwood City's median is close to the Bay Area average of $1.85M.

Within Redwood City, this area trades about 24% below the city-wide median of $2.21M.

By home type:

  • Single-family homes at $2.62M
  • Townhomes at $1.39M
  • Condos at $855K
What price range should I budget for in Redwood Shores, Redwood City?

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

  • Single-family homes at $2.62M
  • Townhomes at $1.39M
  • Condos at $855K

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 Redwood Shores, Redwood City for buyers?

Redwood Shores, Redwood City is a balanced market where neither side dominates:

  • Homes sell about 3% above asking on average
  • 51% close above list price
  • 15 days typical time to go pending

Buyer strategy: contingencies are more accepted, and there is time to tour and negotiate without extreme pressure.

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

At $1.68M with 20% down at 6.49%, your estimated total monthly cost is approximately $10,419:

  • $8,486 principal and interest
  • $1,750 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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