4 beds · 8 baths · 11,885 sqft
Coldwell Banker Realty
39 homes in 94062
Redwood City, CA
4 beds · 8 baths · 11,885 sqft
Coldwell Banker Realty
3 beds · 2 baths · 1,690 sqft
Golden Gate Sotheby's International Realty
4 beds · 3 baths · 2,760 sqft
Compass
7 beds · 9 baths · 7,155 sqft
Compass
3 beds · 3 baths · 2,170 sqft
Compass
4 beds · 4 baths · 2,626 sqft
Compass
5 beds · 4 baths · 3,520 sqft
Golden Gate Sotheby's International Realty
3 beds · 3 baths · 2,650 sqft
Compass
5 beds · 4 baths · 3,435 sqft
Golden Gate Sotheby's International Realty
4 beds · 4 baths · 2,901 sqft
Coldwell Banker Realty
3 beds · 3 baths · 1,910 sqft
Compass
4 beds · 5 baths · 5,740 sqft
Coldwell Banker Realty
4 beds · 4 baths · 3,280 sqft
Redfin
2 beds · 4 baths · 3,200 sqft
Compass
4 beds · 2 baths · 2,000 sqft
Intero Real Estate Services
1 beds · 1 baths · 880 sqft
Coldwell Banker Realty
About Redwood City: The 94062 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 94062 area has 39 homes for sale with a median listing price of $3.7M. The average price per square foot is $1640.
Topfind Market Read
The picture is mixed here. Sale prices are up 11% over the last six months and 23% over the past year, yet the typical home takes about 69 days to sell, and 36% 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
$3.73M
↑ 23% 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
2.8 months of supply
Tight Supply39 active listings against the current sales pace works out to about 2.8 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 ~69 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 50% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 44% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 94062 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 $838K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 1 → 2 bedrooms (+$5.8M)
Price Reductions
14 listings have reduced their price
36% of active listings
Average reduction: 8.0% (~$297K)
Browse homes for sale in cities near Redwood City
There are currently 39 homes for sale in 94062, ranging from $998,000 to $38,800,000. 1 of them hit the market within the last week.
The median list price in 94062 is $3,725,000. Price per square foot averages $1640. Prices are up 23.3% compared to a year ago.
Homes in 94062 currently average 67 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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