94063 Housing Market
Median List Price
$1,348,000
Updated August 2026
Today, the 94063 ZIP code in Redwood City, CA has 13 homes for sale at a median list price of $1,348,000, typically selling in about 34 days.
94063 Housing Market Overview
The median list price in the 94063 ZIP code is $1.3M. That runs roughly 18.3% lower than Redwood City as a whole. Current inventory stands at 13 active listings.
Expect a median around $1.1M for two bedroom homes and $1.6M at the four bedroom end. February to July saw the median price go from $1M to $1.7M, up about 65.2%.
94063 Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. Sale prices are up 19% over the last six months and 7% over the past year, and there is only 2.6 months of supply. Sellers can price with confidence, while buyers should arrive pre-approved and ready to decide quickly.
Median Home Price
$1.35M
↑ 7% 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
2.6 months of supply
Tight Supply13 active listings against the current sales pace works out to about 2.6 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 ~34 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. Homes are moving 43% faster than six months ago.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in 94063 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 increase with bedroom count, though premiums vary by size.
Each additional bedroom adds about $262K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$499K)
Price Reductions
1 listings have reduced their price
8% of active listings
Average reduction: 2.1% (~$29K)
Browse 94063 Listings
Frequently Asked Questions about the 94063 Housing Market
What is the median home price in the 94063 ZIP code?
The median list price in the 94063 ZIP code is $1,348,000 as of August 2026, based on 13 active listings.
Is the 94063 ZIP code a buyer's market or a seller's market?
The 94063 ZIP code currently reads as a balanced market. Active inventory works out to about 2.6 months of supply at the recent sales pace.
How fast do homes sell in the 94063 ZIP code?
The average home currently for sale in the 94063 ZIP code has been on the market for 34 days.
Are home prices in the 94063 ZIP code going up or down?
The median sale price in the 94063 ZIP code is up about 6.7% compared with a year ago.
How many homes are for sale in the 94063 ZIP code?
There are 13 homes for sale in the 94063 ZIP code right now, including 5 listed within the last week.