Market Intelligence · CA / Redwood City

Redwood City, CA 94061 Housing Market

Homes in Redwood City 94061 are valued at a typical price of $1,985,786, up 4.3% over the past year. The median list price is $1,672,500, with homes typically spending 28 days on the market.

Updated August 2026Median value$1969K

The median home value in Redwood City, CA 94061 is $1.97M as of August 2026, up 5.8% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 94061 range

$1.81M to $2.13M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+5.8% over 12 months

Typical home value in 94061 over the last 12 months: $1.86M in Aug 2025 to $1.97M in Aug 2026 (+5.8%).

Aug 2025$1.86M

Aug 2026$1.97M

The numbers

What is the 94061 housing market like?

Typical home value

$1.97M

Up5.8%YoY

Median list price

$1.67M

Down1.9%MoM

Days on market

28

Down20.0%MoM

Homes for sale

31

Down3.1%MoM

Price cuts

6.5%

Down47.9%MoM

New listings

20

Down37.5%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 94061 home prices compare?

  • 94061$1,969,402
  • Redwood City$1,873,837
  • California$694,777
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Redwood City: 4 ZIPs; California: 1,543 ZIPs; United States: 26,265 ZIPs).

Context

Redwood City 94061 has 31 homes for sale as of August 2026, with 20 new listings recently added to the market. The median list price sits at $1,672,500, and homes are selling in roughly 28 days. Only 6.5% of current listings carry a price cut, which is a relatively low share. Despite the modest year-over-year appreciation of 4.3%, the market remains fairly balanced, so sellers should be realistic about pricing and condition.

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20% · $393,880

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