Central Redwood City, Redwood City Housing Market · 2026

Data through Aug 2026

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

Central Redwood City, Redwood City Market Snapshot

Central Redwood City favors sellers and competition is intensifying. Here's the picture:

Based on 13 homes sold in the 3 months ending August 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through August 2026

SalesWhat are homes selling for?
Median Sale Price
$1.70M
▼ Down 3.3% from August 2025
Down $57K from August 2025
Homes Sold
13
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$11,254/mo
7.28% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$9,301
  • Property Tax$1,770
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
13 days
▼ 38 fewer days than in August 2025
Homes sell in a week or two
Sale-to-List Ratio
103.0%
▲ Up from 100.7% in August 2025
Selling 3% above asking
% Sold Over Asking
54%
More than half of homes sold above their asking price
Active Listings
4
▲ Up 7.5% from August 2025
About 1 month of supply. Very low, limited options for buyers

Market Trends

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

Median Sale Price
Down 3.3% year-over-year in Central Redwood City. Based on 13 sales in the last 3 months.
Homes Sold
7% fewer homes sold than a year ago in Central Redwood City.
Total Monthly Payment
Estimated monthly cost is down 2% from a year ago in Central Redwood City, 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 Central Redwood City, Redwood City

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

Central Redwood City, Redwood City favors sellers and competition is intensifying. Buyers should prepare strong offers and expect limited room to negotiate on well-priced listings.

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

At $1.70M, Central Redwood City, Redwood City's median is close to the Bay Area average of $1.78M.

Within Redwood City, this area trades about 12% below the city-wide median of $1.92M.

How competitive is Central Redwood City, Redwood City for buyers?

Central Redwood City, Redwood City currently favors sellers:

  • Homes sell about 3% above asking on average
  • 54% close above list price
  • 13 days typical time to go pending
  • 26% of listings have had a price reduction

Buyer strategy: well-priced homes still move quickly, but there is modest room for strong offers. Come in pre-approved with a clear plan.

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

At $1.70M with 20% down at 7.28%, your estimated total monthly cost is approximately $11,254:

  • $9,301 principal and interest
  • $1,770 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra.

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.”
See all reviews on Zillow →

Let's Chat!

I read every message and usually reply the same day.

What brings you here?