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REDWOOD CITY, CA 94061

Real Estate Market Report  ·  San Mateo County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
24
⇩ 17.2% vs 29 last year
Pending
10
42% pending ratio
Median Price
$1,382,500
⇩ 14.2% vs $1,611,500 last year
Average Price
$1,588,903
⇩ 10.8% vs $1,781,711 last year
Days on Market
13
⇩ 69.8% vs 43 days last year

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 Analysis

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

The REDWOOD CITY, CA real estate market (94061) currently shows 24 active listings, with 10 pending sales. Homes are averaging 13 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 13 days on market compared to 43 days last year.

The median listing price has fallen 14.2% year-over-year, from $1,611,500 to $1,382,500.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 24 this year vs 29 last year
  • Days on market: 13 now vs 43 last year

Median & Average Pricing

Year over Year
  • Median: $1,382,500 (-14.2% YoY)
  • Average: $1,588,903 (-10.8% 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

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 January 2026, there are 24 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 $1,382,500 as of January 2026, a 14.2% decrease from $1,611,500 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 13 days on the market before going under contract, compared to 43 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 January 2026, REDWOOD CITY, CA 94061 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 13 days on market compared to 43 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 $27,650 compared to a typical 5% commission on the median listing price of $1,382,500. 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.