Oak Knoll-Edgewood Park, Redwood City Housing Market · 2026

Data through Aug 2026

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

Oak Knoll-Edgewood Park, Redwood City Market Snapshot

Oak Knoll-Edgewood Park is one of the most competitive markets in the Bay Area, and it's still heating up. Here's what you need to know:

Based on 17 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
$3.44M
▲ Up 29.4% from August 2025
Up $781K from August 2025
Homes Sold
17
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$22,569/mo
7.28% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$18,807
  • Property Tax$3,579
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
12 days
▼ 21 fewer days than in August 2025
Homes sell in a week or two
Sale-to-List Ratio
108.3%
▲ Up from 99.2% in August 2025
Selling 8% above asking
% Sold Over Asking
68%
68% of homes sold above their asking price
Active Listings
3
▼ Down 35.5% from August 2025
About 0.6 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Oak Knoll-Edgewood Park.

Median Sale Price
Up 29.4% year-over-year in Oak Knoll-Edgewood Park. Based on 17 sales in the last 3 months.
Homes Sold
29% fewer homes sold than a year ago in Oak Knoll-Edgewood Park.
Total Monthly Payment
Estimated monthly cost is up 30% from a year ago in Oak Knoll-Edgewood Park, 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 Oak Knoll-Edgewood Park, Redwood City

Is now a good time to buy in Oak Knoll-Edgewood Park, Redwood City?

Oak Knoll-Edgewood Park, Redwood City is one of the most competitive markets in the Bay Area. Buyers should expect to offer above asking price, be prepared to waive contingencies, and act fast. Coming in with strong financing and a clear strategy is essential.

How do Oak Knoll-Edgewood Park, Redwood City home prices compare to the Bay Area average?

At $3.44M, Oak Knoll-Edgewood Park, Redwood City's median sits about 93% above the Bay Area average of $1.78M. Oak Knoll-Edgewood Park, Redwood City is on the higher end of the regional market.

Within Redwood City, this area trades about 79% above the city-wide median of $1.92M.

By home type:

  • Single-family homes at $3.79M
  • Condos at $859K
What price range should I budget for in Oak Knoll-Edgewood Park, Redwood City?

Prices in Oak Knoll-Edgewood Park, Redwood City depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Single-family homes at $3.79M
  • Condos at $859K

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 Oak Knoll-Edgewood Park, Redwood City for buyers?

Oak Knoll-Edgewood Park, Redwood City is one of the Bay Area's more competitive markets:

  • Homes sell about 8% above asking on average
  • 68% close above list price
  • 12 days typical time to go pending

Buyer strategy: budget 5 to 10% above ask on well-priced listings, with financing pre-approved and offers ready to move quickly.

What will my total monthly cost be on a median-priced Oak Knoll-Edgewood Park, Redwood City home?

At $3.44M with 20% down at 7.28%, your estimated total monthly cost is approximately $22,569:

  • $18,807 principal and interest
  • $3,579 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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