What is the typical home value in 94063?

The typical home value in Redwood City 94063 is $1,294,085, which has increased 1.2% over the past year.

How long do homes typically stay on the market in 94063?

Homes in this ZIP spend a median of 33 days on market.

Are prices dropping in 94063?

About 23.0% of current listings have had their price cut, indicating that some sellers are adjusting expectations after initial listing.

Market Intelligence · CA / Redwood City

Redwood City, CA 94063 Housing Market

The typical home value in Redwood City 94063 is $1,294,085, up 1.2% over the past year. The median list price is $1,202,500, with homes spending a median of 33 days on market.

Updated August 2026Median value$1294K

The median home value in Redwood City, CA 94063 is $1.29M as of August 2026, up 1.2% 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 94063 range

$1.19M to $1.4M

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

+1.2% over 12 months

Jul 2025$1.28M

Low $1.26MHigh $1.29M

Jul 2026$1.29M

The numbers

What is the 94063 housing market like?

As of August 2026

Typical home value

$1.29M

1.2%YoY

Median list price

$1.29M

7.2%MoM

Days on market

24.2%MoM

Homes for sale

7.7%MoM

Price cuts

21.6%

6.1%MoM

New listings

33.3%MoM

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

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The comparison

How do 94063 home prices compare?

94063$1,294,085
Redwood City$1,900,412
California$702,086
United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Redwood City: 4 ZIPs; California: 1,543 ZIPs; United States: 26,266 ZIPs).

Context

Redwood City 94063 has 13 homes for sale as of early July 2026, with 12 new listings entering the market recently. The median asking price of $1,202,500 sits below the typical home value, reflecting active pricing. Homes are moving at a moderate pace, averaging 33 days on market. About 23.0% of listings have seen a price cut, which is common in a market where sellers are testing their initial asking price. The slight annual appreciation of 1.2% suggests modest momentum, so if you're thinking of selling, expect to price competitively from the start.

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