Redwood City, CA 94061 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Redwood City, CA — 94061
Market Hotness
58
Hotness Rank
#5,134
Hotness Score
58
Supply Score
91
Demand Score
24
DOM vs US
-24.0%
Faster
Price vs US
421%
Above avg
Median Listing Price
$1.81M
Population
37,048
Households
287,184
Median Days on Market
29
Active Listings
35
New Listings
28
Housing Market
Pricing
Median Listing Price
$1.81M
-8.5% YoY
Average Listing Price
$1.94M
-1.2% YoY
Price per Sq Ft
$1K
-2.7% YoY
Median Sq Ft
1,640
-4.0% YoY
Inventory
Active Listings
35
-4.2% YoY
New Listings
28
0.0% YoY
Total Listings
52
-3.7% YoY
Buyer Competition
Pending Listings
18
+9.1% YoY
Pending Ratio
0.52
+6.3% YoY
Median Days on Market
29
-19.4% YoY
Price Reduced
8.7%
-4.9% YoY
FY2026 Fair Market Rent — San Mateo County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$2,485
/month
1 BR
$2,977
/month
2 BR
$3,604
/month
3 BR
$4,604
/month
4 BR
$4,772
/month
FMR Trends — San Mateo County
Source: HUD Fair Market Rents
Demand Fundamentals
Median Age
40.9
2024
Population
ZIP Population
37,048
-0.9% YoY
San Mateo County Population
742,893
+1.2% YoY
Households
Total Housing Units
287,184
+0.6% YoY
Age
2024 Age Mix
742K
residents
Under 18
145,095
19.5%
Adults 18–64
465,003
62.6%
65 & Over
132,242
17.8%
Age Composition Over Time
2017–2024
Population Under 18
145,095
-2.0% YoY
Population 65 & Over
132,242
+2.6% YoY
Median Age
40.90
+0.7% YoY
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