Population: 26,531 · Density: 158.4/mi² · Median household income: $230,391
Typical home value: $2,000,000 · Homeownership: 72.4%
Data as of January 2026. Source: Realtor.com.
The REDWOOD CITY, CA real estate market (94062) currently shows 29 active listings, with 9 pending sales. Homes are averaging 95 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 95 days on market compared to 69 days last year.
The median listing price has fallen 13.7% year-over-year, from $3,811,722 to $3,288,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 94062 | Redwood City, CA 94062 | 0.0 mi | 29 | $152,188,781 | $3,288,000 | $5,247,889 |
| 94070 | San Carlos, CA 94070 | 5.2 mi | 26 | $58,755,892 | $1,555,000 | $2,259,842 |
| 94028 | Portola Valley, CA 94028 | 5.8 mi | 15 | $77,268,465 | $3,998,000 | $5,151,231 |
| 94002 | Belmont, CA 94002 | 6.1 mi | 13 | $25,023,414 | $1,549,000 | $1,924,878 |
| 94063 | Redwood City, CA 94063 | 6.7 mi | 11 | $12,918,829 | $1,144,000 | $1,174,439 |
| 94074 | San Gregorio, CA 94074 | 7.2 mi | 1 | $2,898,000 | $2,898,000 | $2,898,000 |
| 94403 | San Mateo, CA 94403 | 7.8 mi | 23 | $42,351,740 | $1,690,060 | $1,841,380 |
| 94301 | Palo Alto, CA 94301 | 8.1 mi | 9 | $58,649,004 | $3,475,000 | $6,516,556 |
| 94306 | Palo Alto, CA 94306 | 9.1 mi | 24 | $60,927,816 | $1,999,000 | $2,538,659 |
| 94022 | Los Altos, CA 94022 | 9.6 mi | 29 | $136,782,908 | $2,788,000 | $4,716,652 |
| 94401 | San Mateo, CA 94401 | 10.4 mi | 24 | $24,372,624 | $799,000 | $1,015,526 |
| 94010 | Burlingame, CA 94010 | 11.1 mi | 31 | $182,044,059 | $4,149,000 | $5,872,389 |
| 94040 | Mountain View, CA 94040 | 12.0 mi | 11 | $19,705,125 | $1,440,000 | $1,791,375 |
As of January 2026, there are 29 active listings in REDWOOD CITY, CA (zip code 94062), compared to 33 the prior year.
The median listing price in REDWOOD CITY, CA 94062 is $3,288,000 as of January 2026, a 13.7% decrease from $3,811,722 the prior year.
Homes in REDWOOD CITY, CA 94062 spend an average of 95 days on the market before going under contract, compared to 69 days the prior year.
Based on current inventory and days-on-market data as of January 2026, REDWOOD CITY, CA 94062 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 95 days on market compared to 69 days last year.
With SELL123.com's maximum 3% commission, sellers in REDWOOD CITY, CA 94062 save an estimated $65,760 compared to a typical 5% commission on the median listing price of $3,288,000. 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.