Market Overview
Home Prices in Redwood City, CA
The median home value in Redwood City, CA is $1,884,858 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.5% compared to a year ago and up 1.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Redwood City are priced360% above average. Redwood City is part of the San Francisco-Oakland-Berkeley, CA metro area.
Over the past five years, Redwood City home values have risen by approximately12.1%, reflecting steady appreciation in this market.
Price History
Redwood City Home Price Trend
City Comparison
Redwood City vs. National Median
At $1,884,858, homes in Redwood City cost 360% above the national median of $410,000. Buyers in Redwood City should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Redwood City?
20% Down Payment
$376,972
on $1,884,858
Monthly P&I
$9,830/mo
30-yr @ 6.8%
Total Monthly Est.
~$12,484/mo
incl. taxes & insurance
Income Needed
$499,360
gross annual (30% rule)
10% Down Option
$188,486
+ PMI applies
Loan Amount (20% dn)
$1,507,886
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Redwood City, CA?
The median home value in Redwood City is $1,884,858 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.5% year-over-year.
How much have home prices changed in Redwood City?
Over the past year, home values in Redwood City have increased by 2.5%. Over five years, prices have risen approximately 12.1%.
How much do I need to earn to buy a home in Redwood City?
To comfortably afford the median home price of $1,884,858 with a 20% down payment ($376,972) at today's rates (6.8%), you'd need a gross annual income of approximately $499,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Redwood City compare to the national average home price?
The national median home value is approximately $410,000. At $1,884,858, homes in Redwood City are 360% above the national average.
What metro area is Redwood City part of?
Redwood City is part of the San Francisco-Oakland-Berkeley, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.