3 beds · 3 baths · 1,585 sqft
Golden Gate Sotheby's International Realty
30 homes in 94061
Redwood City, CA
3 beds · 3 baths · 1,585 sqft
Golden Gate Sotheby's International Realty
3 beds · 3 baths · 1,906 sqft
Coldwell Banker Realty
4 beds · 3 baths · 2,900 sqft
Compass
3 beds · 2 baths · 1,250 sqft
Golden Gate Sotheby's International Realty
2 beds · 3 baths · 1,480 sqft
Keller Williams Palo Alto
3 beds · 2 baths · 1,340 sqft
NuTerra Real Estate Group
4 beds · 4 baths · 3,000 sqft
Golden Gate Sotheby's International Realty
0 beds · 1 baths · 405 sqft
Compass
4 beds · 2 baths · 1,370 sqft
Avil Soleiman Brokerage
4 beds · 4 baths · 2,909 sqft
Thomas James Real Estate Services, Inc,
5 beds · 4 baths · 3,093 sqft
John Leahy, Broker
4 beds · 4 baths · 1,708 sqft
Coldwell Banker Realty
3 beds · 3 baths · 1,620 sqft
Realty ONE Group Future
12 beds · 12 baths · 5,892 sqft
Marcus & Millichap
2 beds · 1 baths · 900 sqft
Coldwell Banker Realty
3 beds · 3 baths · 1,900 sqft
Compass

About Redwood City: The 94061 ZIP code is in Redwood City, CA. Redwood City is a city in San Mateo County, California, United States, on the San Francisco Peninsula in the Bay Area of Northern California, approximately 27 miles (43 km) south of San Francisco and 24 miles (39 km) northwest of San Jose. The city's population was 84,292 according to the 2020 census. The Port of Redwood City is the only deepwater port on San Francisco Bay south of San Francisco.
Today, the 94061 area has 30 homes for sale with a median listing price of $1.6M. The average price per square foot is $1005.
Topfind Market Read
The picture is mixed here. There is only 2.2 months of supply, yet the typical home takes about 86 days to sell, and 29% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$1.65M
↑ 13% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
2.2 months of supply
Tight Supply31 active listings against the current sales pace works out to about 2.2 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~86 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The trend is moving the other way though, with selling times down 29% over the last six months.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in 94061 Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
48%
Homeowners
52%
Renters
Homeownership is 7.5 points lower than the California average (55.5%)
30,225 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $594K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$2.2M)
Price Reductions
9 listings have reduced their price
29% of active listings
Average reduction: 5.3% (~$88K)
Browse homes for sale in cities near Redwood City
There are currently 30 homes for sale in 94061, ranging from $388,000 to $5,400,000. 7 of them hit the market within the last week.
The median list price in 94061 is $1,650,000. Price per square foot averages $1005. Prices are up 13.2% compared to a year ago.
Homes in 94061 currently average 89 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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