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Central (Central Park) Farm Hill (Farm Hills) Kentfield Commons (Kentfield) Oakwood Palm Park (Palm) Redwood Oaks Roosevelt (Roosevelt Plaza) Selby Woodside Plaza

REDWOOD CITY, CA 94061

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 94061

Central (Central Park) · Farm Hill (Farm Hills) · Kentfield Commons (Kentfield) · Oakwood · Palm Park (Palm) · Redwood Oaks · Roosevelt (Roosevelt Plaza) · Selby · Woodside Plaza

Market Analysis

Data as of February 2026. Source: Realtor.com.

The REDWOOD CITY, CA real estate market (94061) currently shows 37 active listings, with 17 pending sales. Homes are averaging 20 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are selling faster, averaging 20 days on market compared to 22 days last year.

The median listing price has fallen 11.1% year-over-year, from $1,847,000 to $1,642,000.

Whether you are buying or selling in REDWOOD CITY, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 37,539  ·  Density: 3,753.9/mi²  ·  Median household income: $139,810

Typical home value: $1,823,890  ·  Homeownership: 52.7%

Market Overview

Active Listings
37
⇧ 27.6% vs 29 last year
Pending
17
46% pending ratio
Median Price
$1,642,000
⇩ 11.1% vs $1,847,000 last year
Average Price
$1,703,628
⇩ 10.9% vs $1,913,065 last year
Days on Market
20
⇩ 9.1% vs 22 days last year

Price Per Square Foot

Median $/sqft
$1,044
⇧ 1.1% vs $1,033/sqft last year
Median Home Size
1,559 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 37 this year vs 29 last year
  • Days on market: 20 now vs 22 last year

Median & Average Pricing

Year over Year
  • Median: $1,642,000 (-11.1% YoY)
  • Average: $1,703,628 (-10.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.8 miles — 222 listings ($497,822,263 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
94061Redwood City, CA 940610.0 mi24$38,133,672$1,382,500$1,588,903
94063Redwood City, CA 940632.7 mi11$12,918,829$1,144,000$1,174,439
94070San Carlos, CA 940703.1 mi26$58,755,892$1,555,000$2,259,842
94305Stanford, CA 943054.8 mi3$2,364,000$788,000$788,000
94301Palo Alto, CA 943014.9 mi9$58,649,004$3,475,000$6,516,556
94304Palo Alto, CA 943045.9 mi1$11,500,000$11,500,000$11,500,000
94403San Mateo, CA 944036.5 mi23$42,351,740$1,690,060$1,841,380
94306Palo Alto, CA 943066.6 mi24$60,927,816$1,999,000$2,538,659
94402San Mateo, CA 944027.6 mi31$68,235,402$1,588,000$2,201,142
94401San Mateo, CA 944019.0 mi24$24,372,624$799,000$1,015,526
94043Mountain View, CA 940439.9 mi28$36,664,684$1,284,000$1,309,453
94041Mountain View, CA 9404110.2 mi7$20,162,800$2,709,000$2,880,400
94024Los Altos, CA 9402410.8 mi11$62,785,800$5,888,000$5,707,800

Frequently Asked Questions

How many homes are for sale in REDWOOD CITY, CA 94061?

As of February 2026, there are 37 active listings in REDWOOD CITY, CA (zip code 94061), compared to 29 the prior year.

What is the median home price in REDWOOD CITY, CA 94061?

The median listing price in REDWOOD CITY, CA 94061 is $1,642,000 as of February 2026, a 11.1% decrease from $1,847,000 the prior year.

How long do homes stay on the market in REDWOOD CITY, CA?

Homes in REDWOOD CITY, CA 94061 spend an average of 20 days on the market before going under contract, compared to 22 days the prior year.

Is it a seller's or buyer's market in REDWOOD CITY, CA 94061?

Based on current inventory and days-on-market data as of February 2026, REDWOOD CITY, CA 94061 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 20 days on market compared to 22 days last year.

How much can I save on real estate commission in REDWOOD CITY, CA?

With SELL123.com's maximum 3% commission, sellers in REDWOOD CITY, CA 94061 save an estimated $32,840 compared to a typical 5% commission on the median listing price of $1,642,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.