Redwood, CA housing market
The typical Redwood home is worth about $1,878,000, up 5.6% in a year, 146% above the California typical home. Homes typically sell in 12 days, a little above asking.
Home values, sales, trends and how Redwood compares with the towns next door — updated as new data is published.
Redwood at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Redwood | California |
|---|---|---|
| 2017 | $1,231,000 | $453,000 |
| 2018 | $1,404,000 | $501,000 |
| 2019 | $1,506,000 | $539,000 |
| 2020 | $1,497,000 | $551,000 |
| 2021 | $1,564,000 | $607,000 |
| 2022 | $1,742,000 | $703,000 |
| 2023 | $1,720,000 | $727,000 |
| 2024 | $1,710,000 | $758,000 |
| 2025 | $1,803,000 | $782,000 |
| 2026 | $1,822,000 | $767,000 |
| August 2026 | $1,878,000 | $764,000 |
Redwood and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Redwood | $1.88M | +5.6% | 12 | $157,814 |
| Emerald Lake Hills | $2.88M | +5.2% | — | $250,001 |
| Woodside | $3.94M | +7.9% | 42 | $250,001 |
| San Carlos | $2.43M | +7.4% | 12 | $237,470 |
| Menlo Park | $2.87M | +9.2% | 16 | $210,025 |
| North Fair Oaks | — | — | 42 | $104,884 |
| Foster City | $1.84M | +1.3% | 15 | $199,143 |
11.9 years of income
The typical Redwood home costs about 11.9 years of the town's median household income, more than across California (7.7 years).
How Redwood ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.