A data-first read on Redwood City, drawing on 1,211 home sales recorded across the MLS in the two years ending July 2026.
Source: Bay East / Paragon MLS closed sales, Jul 2024 – Jul 2026. Single-family = detached; condo/townhome = attached. Medians; verify specifics for any individual property.
2024-07–2026-07, real MLS closings. Single-family and condo/townhome shown separately.
● Single-family, Median $2,219,000 · up ~6% year-over-year · 102.2% of list · 11 days on market
● Condo / townhome, Median $1,150,000 · up ~6% year-over-year · 99.3% of list · 24 days on market
How long homes take to sell, month by month, lower is faster. Single-family vs. condo/townhome.
Redwood City's single-family homes carry a median of $2,219,000, making it mid-priced for the Peninsula. Single-family homes have been fiercely competitive, closing in a median of 11 days at 102.2% of list, routinely above asking. Single-family values have been climbing, up roughly 6% from a year earlier.
Condos and townhomes are close to a separate market, with a median of $1,150,000, roughly 1.9× more attainable than a detached house and the easier way into Redwood City. Condos and townhomes have sold at a measured pace, a median of 24 days on market, close to asking (99.3% of list). Condo and townhome values have been climbing, up roughly 6% from a year earlier.
Location does most of the work here: single-family homes in ZIP 94062 run about $2,910,000 while 94063 is nearer $1,455,000, a spread of roughly 100% across the same city. The ZIP, not the citywide average, sets the price you actually pay.
$2,910,000 single-family (501 sales)
$1,550,000 condo / townhome (21 sales)
$2,580,000 single-family (54 sales)
$1,155,000 condo / townhome (100 sales)
$2,186,500 single-family (432 sales)
$940,000 condo / townhome (83 sales)
$1,455,000 single-family (149 sales)
$1,244,944 condo / townhome (32 sales)
In Redwood City, single-family homes in ZIP 94062 run about $2,910,000 while 94063 is nearer $1,455,000, a real, data-backed gap across town.
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Based on 1,211 closed sales in the 24 months ending July 2026 (Bay East/Paragon MLS), Redwood City's single-family median was $2,219,000 and condos/townhomes $1,150,000. Prices vary by neighborhood and property type.
Over the last 24 months, Redwood City single-family homes closed at a median of 102.2% of list price and sold in about 11 days.
For single-family homes, ZIP 94062 is the priciest in Redwood City with a median around $2,910,000, while 94063 offers relative value near $1,455,000.
Figures from Bay East / Paragon MLS closed sales, 24 months ending July 2026; medians, not guarantees.