Skip to main content

Area data

Redwood city, CA — ZIP 94061

Population: 37,048 (Census ACS)

Home values & appreciation

Median home value
$1.99M
1-year appreciation
+4.3%
3-year appreciation
+12.4%
5-year appreciation
+14.8%
10-year appreciation
+53.4%
All-time peak (2022-06)
$2.01M
House Price Index
417.4 (-0.8% YoY)

Market activity

Median sale price
$641,500
Median list price
$1.20M
Median days on market
20.5 days
Sale-to-list ratio
100.0%
Active listings
11
1-year forecast
-1.4%
Days to pending
17 days
New listings (monthly)
29

Rents

Typical rent
$3,621/mo
1-year rent change
+6.6%
1BR fair-market rent
$1,869/mo
3BR fair-market rent
$3,029/mo

Affordability

Cost of living index (High)
113.3 (100 = US avg)
Electricity rate (state-level)
32.5¢/kWh
Natural gas rate (state-level)
$22.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
4
Elementary schools
4
Middle schools
0
High schools
0
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
coastalFlooding, drought, earthquake, inlandFlooding, landslide
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
60.0°F
Average high
71.0°F
Average low
49.0°F
Annual precipitation
15.7 in

Air quality

Air quality rating
Good
Median AQI (annual)
31
Days with Good air quality
355

Walkability & transit

Walkability index
8.5 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
11
Nearest national park
San Francisco Maritime National Historical Park (26 mi)
Nearest airport
San Carlos Airport (SQL) (4 mi)
Nearest major airport
San Carlos Airport (SQL) (4 mi)
Hospitals nearby (~15 mi)
20
Avg hospital rating
3.5 / 5
EV charging stations (within 10 mi)
210
Solar radiation rating
Good (5.1 kWh/m²/day)

Migration

Net migration
-4,745 tax filers

Housing stock

Median year housing built
1,959
Median annual property tax
$9,318
Mean commute to work
18 min
Households with broadband internet
87.2%

Employment & development

Total county employment
390,970
Average weekly wage
$3,458
Top industries (by employment)
Professional Services, Information, Health Care
Annual residential building permits (county)
482

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents