Market Intelligence · CA / Redwood City

Redwood City, CA 94061 Housing Market

The typical home in Redwood City 94061 is valued at $1,980,088, up 3.0% over the past year. The median list price sits at $1,810,000, and homes are spending a median of 29 days on the market as of 2026-06-01.

Updated June 2026Median value$1980K

The median home value in Redwood City, CA 94061 is $1.98M as of June 2026, up 3.0% 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

$1.82M to $2.14M

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

+3.0% over 12 months

Typical home value in 94061 over the last 12 months: $1.92M in Jun 2025 to $1.98M in Jun 2026 (+3.0%).

Jun 2025$1.92M

Jun 2026$1.98M

The numbers

What is the 94061 housing market like?

Typical home value

$1.98M

Up3.0%YoY

Median list price

$1.81M

Days on market

29

Up190.0%MoM

Homes for sale

35

Price cuts

8.7%

New listings

28

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 94061 home prices compare?

  • 94061$1,980,088
  • Redwood City$1,901,302
  • California$705,456
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Redwood City: 4 ZIPs; California: 1,543 ZIPs; United States: 26,270 ZIPs).

Context

As of 2026-06-01, there are 35 homes for sale in this part of Redwood City, with 28 new listings adding to the mix. The median list price is $1,810,000, while the typical home value stands at $1,980,088, up 3.0% over the past year. Homes are moving at a median of 29 days on market. About 8.7% of listings have taken a price cut. For sellers, the numbers point to steady demand, so pricing in line with recent activity matters more than reaching for a high number.

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