Market Intelligence · CA / Redwood City

Redwood City, CA 94062 Housing Market

The typical home in Redwood City 94062 is valued at $2,693,781, up 3.8% over the past year. The median list price sits at $3,755,000, and homes are taking a median of 44 days on market as of June 1, 2026.

Updated June 2026Median value$2694K

The median home value in Redwood City, CA 94062 is $2.69M as of June 2026, up 3.8% 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.

Get a cash offer

Sell without the wait

Sell your Redwood City home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 94062 range

$2.48M to $2.91M

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 94062 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Redwood City, CA.

12-month value trend

+3.8% over 12 months

Typical home value in 94062 over the last 12 months: $2.6M in Jun 2025 to $2.69M in Jun 2026 (+3.8%).

Jun 2025$2.6M

Jun 2026$2.69M

The numbers

What is the 94062 housing market like?

Typical home value

$2.69M

Up3.8%YoY

Median list price

$3.75M

Days on market

44

Up238.5%MoM

Homes for sale

48

Price cuts

8.0%

New listings

24

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

Free home value report

See what your 94062 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 94062 home prices compare?

  • 94062$2,693,781
  • 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 June 1, 2026, there are 48 homes for sale in 94062, with 24 new listings added. The median list price is $3,755,000, well above the typical home value of $2,693,781, which is up 3.8% over the past year. Homes take a median of 44 days to sell, and 8.0% of listings have had a price cut. For sellers, values are still rising, but buyers here have time and choices, so pricing to the market matters.

Monthly payment

Estimate your monthly payment.

20% · $538,756

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.