Market Intelligence · CA / Redwood City

Redwood City, CA 94063 Housing Market

The typical home in Redwood City's 94063 ZIP code is valued at $1,272,610 as of September 2026, up 4.6% over the past year. The median list price stands at $1,314,500, and homes are spending a median of 21 days on the market.

Updated September 2026Median value$1273K

The median home value in Redwood City, CA 94063 is $1.27M as of September 2026, up 4.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 94063 range

$1.17M to $1.37M

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

+4.6% over 12 months

Typical home value in 94063 over the last 12 months: $1.22M in Sep 2025 to $1.27M in Sep 2026 (+4.6%).

Sep 2025$1.22M

Sep 2026$1.27M

The numbers

What is the 94063 housing market like?

Typical home value

$1.27M

Up4.6%YoY

Median list price

$1.31M

Up2.0%MoM

Days on market

21

Down16.0%MoM

Homes for sale

17

Up41.7%MoM

Price cuts

16.5%

Down23.6%MoM

New listings

16

Up100.0%MoM

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

The outlook

94063 housing market forecast 2027

+1.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 94063 to rise 1.3% by September 2027.

Over the 12 months through September 2026, typical home values in 94063 rose 4.6%, per the Zillow Home Value Index.

Will home prices drop in 94063?

Zillow's forecast does not call for a drop: it expects typical home values in 94063 to rise 1.3% by September 2027, after a 4.6% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 94063 home prices compare?

  • 94063$1,272,610
  • Redwood City$1,871,046
  • California$692,765
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Redwood City: 4 ZIPs; California: 1,543 ZIPs; United States: 26,262 ZIPs).

Context

Inventory in 94063 is thin, with just 17 homes for sale and 16 new listings as of September 2026. That limited supply is helping properties move quickly, with a median of 21 days on market. Only 16.5% of listings have taken a price cut, which suggests sellers are pricing close to what buyers will pay. Home values have risen 4.6% over the past year. For sellers, the data points to a market where well-priced homes still attract buyers without much waiting.

Monthly payment

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20% · $254,522

Common questions

What people ask us.

How much is a home in 94063 worth?

The typical home value in 94063 is $1,272,610 as of September 2026, up 4.6% over the past year.

How fast are homes selling in 94063?

Homes in 94063 are spending a median of 21 days on the market as of September 2026.

How competitive is the 94063 market right now?

There are 17 homes for sale in 94063 as of September 2026, with 16 new listings and 16.5% of listings showing a price cut.

Discover

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