About 94061
Resting quietly between the booming cities of
San Jose and San Francisco lies Redwood City, California. Surrounded by the towns of
East Palo Alto,
Atherton, and
San Carlos, Redwood City real estate is an epicenter for technological industry and home to such great companies as Electronic Arts and Oracle. Come and go as you please from this paradise by using either Highway 280 or 101, whether in your personal vehicle or via one of the Bay Area’s popular public transportation options such as B.A.R.T., SamsTrans, or Caltrain. Only paralleled by the magnificence of Redwood City homes, Redwood City rentals offer unlimited opportunity for commuters and residents alike. You’ll want to spend as much time on this side of the bay as possible, with the city’s nearness to this grand downtown’s charming attractions. Renovated in 2006, downtown Redwood City will give you new life with its abundance of gorgeous boutiques, mouth-watering restaurants, impressive parking, and an enormous 20-screen Cineplex. Redwood City boasts more than 20 public parks, always complemented by the city’s year-round welcoming climate. Redwood City homes and residents are serviced by Redwood City School District and Sequoia Union High School District, as well as their own community college. Don’t forget to use our
Find An Agent feature and if you love Redwood City homes, also check out the nearby cities of
East Palo Alto,
Foster City and
Half Moon Bay.
REAL ESTATE MARKET STATISTICS
Location: 94061
Geography Type: Zip
Data Period: Mar 2026
Source: MLSListings (www.mlslistings.com) Provided by Aculist
═══════════════════════════════════════════════════════
SINGLE FAMILY HOMES
═══════════════════════════════════════════════════════
Median Sale Price: $2,125,000 (-11.8% YoY)
Average Sale Price: $2,187,994
Active Listings: 14
New Listings: 24
Pending Sales: 18
Closed Sales: 19
Median Days on Market: 7 days
Average Days on Market: 13 days
Median Price/SqFt: $1,431
Average Price/SqFt: $1,390
Sale-to-List Ratio: 109%
Months of Inventory: 1.2
Total Sale Volume: $41,571,888
═══════════════════════════════════════════════════════
CONDOS & TOWNHOMES (ATTACHED HOMES)
═══════════════════════════════════════════════════════
Median Sale Price: $620,000
Average Sale Price: $750,000
Active Listings: 11
New Listings: 10
Pending Sales: 5
Closed Sales: 3
Median Days on Market: 19 days
Average Days on Market: 41 days
Median Price/SqFt: $677
Average Price/SqFt: $717
Sale-to-List Ratio: 96%
Months of Inventory: 5.1
Total Sale Volume: $2,250,000
═══════════════════════════════════════════════════════
MARKET INTERPRETATION
═══════════════════════════════════════════════════════
• SELLER'S MARKET: Less than 3 months of inventory indicates strong demand and competitive conditions for buyers.
• COMPETITIVE BIDDING: Homes selling at 9% over asking price on average.
• FAST-MOVING: Median 2 weeks or less on market indicates high demand.
May 2024 – Mar 2026
Single-family homes in 94061 have a median sale price of $2,125,000, down 15% over the past 3 months. There are 14 active listings, and 19 homes sold last month, with a median of 7 days on market. Condos and townhomes average $620,000, with 11 currently available. The price per square foot is $1,431 for single-family homes versus $677 for attached homes.
Median Sale Price Trends
Single Family Homes
Condos & Townhomes