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John Dielmann HouseJohn Dielmann House · Photo: BriefEdits · CC BY-SA 4.0
Housing in Redwood City

556 homes sold in Redwood City in the last year, at a typical $2M

About one sale in 5 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Redwood City homes are listed.

Homes sold
556
October 2025 to September 2026
Typical sale price
$2M
houses $2.2M · condos $903K (year to May 2026)
Price per square foot
$1,161
California $490
Paid vs. asking
104.6%
61% sold over asking
For sale now
80
September 2026 · 48 sold that month
What sold · last 12 months

13% of Redwood City’s sales are condos, at $1.3M less than a house

387 houses and 72 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$2.2M

typical sale · 387 sold in the year to May 2026

Per square foot
$1,271CA $494
Days to sell
15
Sold over asking
68%
Listings with a price cut
27%
Condos$903K

typical sale · 72 sold in the year to May 2026

Per square foot
$773CA $561
Days to sell
48
Sold over asking
21%
Listings with a price cut
24%
Fewer sales

Multi-family (2–4 units): 32 sold, typical $1.7M
Townhouses: 46 sold, typical $1.4M

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 1.5 times the 2016 price

556 sales in the last year, against 835 in 2021 and a low of 441 in 2023. The typical sale went from $1.3M in 2016 to $2M.

Homes soldTypical sale price
0212425637850$975K$1.4M$1.7M$2.1M2012: 719 sold, typical $734K’122013: 771 sold, typical $844K2014: 675 sold, typical $921K’142015: 672 sold, typical $1.2M2016: 651 sold, typical $1.3M’162017: 607 sold, typical $1.4M2018: 604 sold, typical $1.6M’182019: 639 sold, typical $1.5M2020: 624 sold, typical $1.6M’202021: 835 sold, typical $1.7M2022: 641 sold, typical $1.9M’222023: 441 sold, typical $1.8M2024: 496 sold, typical $1.7M’242025: 494 sold, typical $1.9MLast 12 months: 556 sold, typical $2MNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $2M buys in Redwood City

Houseat $1,271 a sq ft, year to May 2026
Condoat $773 a sq ft, year to May 2026
The same money in Californiaat $494 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Redwood City homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Redwood City are rarer than before the pandemic, and more homes are for sale

We read every month of Redwood City’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 556 sales.

If you’re buying in Redwood City

  • Shop in October. It brings about 66 new listings a month, close to the busiest month, with fewer bidding wars (60% over asking).
  • Expect to bid over asking. Buyers paid 104.6% of the list price on average; 61% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 70 a month), but April is the most competitive: 76% of April sales close over asking. September and October offer nearly as much choice with fewer homes bid up (60%). January has the least competition (50%).

New listings a monthShare sold over asking
017.53552.57027%53%80%Sweet spotJan: 43 new listings a month, 50% sold over asking, 30 days to sellJFeb: 49 new listings a month, 65% sold over asking, 16 days to sellFMar: 66 new listings a month, 75% sold over asking, 12 days to sellMApr: 68 new listings a month, 76% sold over asking, 12 days to sellAMay: 70 new listings a month, 75% sold over asking, 13 days to sellMJun: 68 new listings a month, 69% sold over asking, 13 days to sellJJul: 61 new listings a month, 65% sold over asking, 16 days to sellJAug: 61 new listings a month, 63% sold over asking, 17 days to sellASep: 69 new listings a month, 60% sold over asking, 17 days to sellSOct: 66 new listings a month, 60% sold over asking, 17 days to sellONov: 35 new listings a month, 62% sold over asking, 19 days to sellNDec: 18 new listings a month, 52% sold over asking, 26 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than California

Redwood City now2017–192021 peakCA now
Sold over askingShare of sales that closed above the list price61%68%72%35%
Gone within two weeksShare of homes under contract within 14 days52%55%65%33%
Price paid vs. askingAverage sale price ÷ list price104.6%106.1%106.9%99.9%
Days to sellMedian days from listing to contract15161343
Supply

67 homes for sale on a typical day

That’s 1.7 times the 2017 low (39), 28% more than in 2017–19 and well under 2012’s 90.

2012: 90 for sale’122013: 63 for sale2014: 50 for sale2015: 48 for sale’152016: 65 for sale2017: 39 for sale2018: 52 for sale’182019: 66 for sale2020: 86 for sale2021: 65 for sale’212022: 64 for sale2023: 50 for sale2024: 67 for sale’242025: 67 for saleLast 12 months: 67 for saleNow
Prices by type

Since 2019, houses are up 36%, condos -13%

A house typically sold for $2.2M in the year to May 2026 (387 sales), a condo for $903K (72).

$900K$1.4M$1.9M$2.4M2013201520172019202120232025NowHouses 2013: $940K, 516 salesHouses 2014: $1.1M, 410 salesHouses 2015: $1.3M, 443 salesHouses 2016: $1.4M, 461 salesHouses 2017: $1.5M, 397 salesHouses 2018: $1.7M, 415 salesHouses 2019: $1.6M, 451 salesHouses 2020: $1.8M, 426 salesHouses 2021: $2M, 557 salesHouses 2022: $2.2M, 418 salesHouses 2023: $2M, 310 salesHouses 2024: $2.1M, 327 salesHouses 2025: $2.2M, 349 salesHouses last 12 months: $2.2M, 387 salesHouses $2.2MCondos 2013: $554K, 124 salesCondos 2014: $664K, 134 salesCondos 2015: $754K, 114 salesCondos 2016: $853K, 95 salesCondos 2017: $879K, 94 salesCondos 2018: $1M, 101 salesCondos 2019: $1M, 94 salesCondos 2020: $1M, 106 salesCondos 2021: $1M, 131 salesCondos 2022: $906K, 110 salesCondos 2023: $1M, 56 salesCondos 2024: $948K, 78 salesCondos 2025: $921K, 72 salesCondos last 12 months: $903K, 72 salesCondos $903K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across California

Redwood City ranks 23rd of 560 busy California markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Redwood City is one of the state’s hottest markets.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Redwood City home costs about $11,087 a month

Mortgage
Property tax
Insurance
Rent

Price: Redwood City’s typical sale, last 12 months. Property tax at Redwood City’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Redwood City is affordable on local pay is on Cost of living.

Before you buy in Redwood City

Six things worth knowing

70

New listings in May

The month with the most choice. December has the fewest, about 18.

Best time to buy
0.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $2M home, about $10,770 a year.

Taxes vs. neighbors
A

Schools

The schools grade for Redwood City, from test results, graduation and how much students grow.

Schools in Redwood City
24 min

Typical commute

The average one-way trip to work for people who live in Redwood City.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Foster City sells for less a square foot; Atherton and Menlo Park for far more

The busier markets within 25 miles of Redwood City, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Redwood City556$2M$1,16161%15
San Carlos340$2.5M$1,31158%14
Menlo Park307$3M$1,51053%15
Foster City231$1.4M$92451%25
Belmont200$2.2M$1,26163%15
Atherton91$12.6M$2,23042%30
North Fair Oaks74$1.6M$1,17355%29

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Redwood City, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Redwood City. People who follow the town see it, and so do people comparing Redwood City with their own town. No commission, no listing fee.

Questions about buying a home in Redwood City

What do homes sell for in Redwood City, CA?

556 homes sold in the year to September 2026 at a typical $2M, $1,161 a square foot. Houses sold for about $2.2M, condos for about $903K in the year to May 2026.

Is Redwood City a buyer’s or seller’s market?

A seller’s market: 80 homes were for sale in September 2026 and 48 sold, about 1.7 months of supply. Buyers paid 104.6% of asking on average.

When is the best time to buy in Redwood City?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Redwood City?

About 0.6% of a home’s value a year. On a $2M home that’s near $10,770.

Where can I see homes for sale in Redwood City?

Zillow, Redfin, Realtor.com and Homes.com all carry Redwood City’s MLS listings; the search links above open each one filtered to Redwood City.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).