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Housing in Redwood

7 homes sold in Redwood in the last year, at a typical $256K

Almost every sale is a house. Below: a shortcut to every site where Redwood homes are listed.

Homes sold
7
April 2025 to March 2026
Typical sale price
$256K
median, weighted by sales
Price per square foot
$131
Texas $175
Paid vs. asking
94.1%
14% sold over asking
For sale now
4
March 2026 · 1 sold that month
Rent or buy?

Owning the typical Redwood home costs about $1,589 a month

Mortgage
Property tax
Insurance
Rent

Price: Redwood’s typical sale, last 12 months. Property tax at Redwood’s 1.2% (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 is affordable on local pay is on Cost of living.

Before you buy in Redwood

Five things worth knowing

1.2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $256K home, about $3,040 a year.

Taxes vs. neighbors
D

Schools

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

Schools in Redwood
31 min

Typical commute

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

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.

Selling, or renting out?

Post your home to Redwood, free

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

Questions about buying a home in Redwood

What do homes sell for in Redwood, TX?

7 homes sold in the year to March 2026 at a typical $256K, $131 a square foot.

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

A balanced market: 4 homes were for sale in March 2026 and 1 sold, about 4 months of supply. Buyers paid 94.1% of asking on average, and 36% of listings cut their price.

How much are property taxes in Redwood?

About 1.2% of a home’s value a year. On a $256K home that’s near $3,040.

Where can I see homes for sale in Redwood?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). 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).