All Home Types
Redwood City, CA Housing Market
What is the housing market like in Redwood City today?
In October 2024, Redwood City home prices were down 18.6% compared to last year, selling for a median price of $1.6M. On average, homes in Redwood City sell after 17 days on the market compared to 19 days last year. There were 51 homes sold in October this year, up from 41 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,566,000
-18.6% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Redwood City, CA
$1,566,000
-18.6%
United States
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Redwood City Migration & Relocation Trends
In Sep '24 - Nov '24, 23% of Redwood City homebuyers searched to move out of Redwood City, while 77% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Redwood City from outside metros.
- Honolulu homebuyers searched to move into Redwood City more than any other metro followed by Santa Barbara and Pensacola.
Where are people moving to Redwood City from?
- 77% of Redwood City homebuyers searched to stay within the Redwood City metropolitan area.
- Sacramento was the most popular destination among Redwood City homebuyers followed by Los Angeles and San Diego.
Where are people from Redwood City moving to?
Number of People Moving to Redwood City
least
most
People are moving to Redwood City from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 1,115 | ||
| 2 | 222 | ||
| 3 | 129 | ||
| 4 | 112 | ||
| 5 | 72 | ||
| 6 | 13 | ||
| 7 | 10 | ||
| 8 | 3 | ||
| 9 | 3 | ||
| 10 | 2 | ||
People are leaving Redwood City for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 12,500 | ||
| 2 | 2,794 | ||
| 3 | 2,178 | ||
| 4 | 1,982 | ||
| 5 | 1,596 | ||
| 6 | 1,583 | ||
| 7 | 1,578 | ||
| 8 | 1,119 | ||
| 9 | 1,058 | ||
| 10 | 1,010 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Redwood City.
Provided by First Street Foundation
Transportation in Redwood City
Learn about the walkability, bikeability, and transit-friendliness of Redwood City
Somewhat Walkable
Walk Score®
Bikeable
Bike Score®
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