Centennial, Redwood City Housing Market · 2026

Data through Aug 2026

Data curated by Melanie Tan, 8 Blocks Real Estate · How this data works

Centennial, Redwood City Market Snapshot

Centennial is a balanced market and tilting gently toward buyers. A good environment for thoughtful decisions on both sides:

Based on 5 homes sold in the 3 months ending August 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 August 2026

SalesWhat are homes selling for?
Median Sale Price
$1.55M
▼ Down 2.6% from August 2025
Down $41K from August 2025
Homes Sold
5
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$10,277/mo
7.28% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$8,480
  • Property Tax$1,614
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
13 days
▲ 2 more days than in August 2025
Homes sell in a week or two
Sale-to-List Ratio
99.8%
▼ Down from 101.0% in August 2025
Selling at or near asking price
% Sold Over Asking
60%
More than half of homes sold above their asking price
Active Listings
2
About 1.3 months of supply. Very low, limited options for buyers

Market Trends

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

Median Sale Price
Down 2.6% year-over-year in Centennial. Based on 5 sales in the last 3 months.
Homes Sold
17% fewer homes sold than a year ago in Centennial.
Total Monthly Payment
Estimated monthly cost is down 2% from a year ago in Centennial, 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 7.28%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Centennial, Redwood City

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

Centennial, Redwood City is a balanced market that is tilting gently toward buyers. Both sides have reasonable leverage, contingencies are more common, and there is time to make thoughtful decisions.

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

At $1.55M, Centennial, Redwood City's median is close to the Bay Area average of $1.78M.

Within Redwood City, this area trades about 19% below the city-wide median of $1.92M.

By home type:

  • Single-family homes at $1.71M
  • Condos at $626K
What price range should I budget for in Centennial, Redwood City?

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

  • Single-family homes at $1.71M
  • Condos at $626K

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 Centennial, Redwood City for buyers?

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

  • Homes sell about 0.2% below asking on average
  • 60% close above list price
  • 13 days typical time to go pending
  • 16% of listings have had a price reduction

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 Centennial, Redwood City home?

At $1.55M with 20% down at 7.28%, your estimated total monthly cost is approximately $10,277:

  • $8,480 principal and interest
  • $1,614 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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