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Preforeclosure Homes in Redwood City, CA

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Redwood City, CA Foreclosures

How much do homes sell for in Redwood City, CA?
The average home price is currently $2,065,756.
In Redwood City, CA, how many homes are available?
There are currently 17 active home listings available in Redwood City.
What’s the average rental cost in Redwood City, CA?
The average rental price in Redwood City is $3,548.
What is the most expensive home in Redwood City?
The most expensive home sold in Redwood City had a price of $215,685,576.
What is currently the cheapest priced home in Redwood City, CA?
The cheapest home for sale in Redwood City is priced at $65,559.

Living in Redwood City, CA

Redwood City is a vibrant city located in the San Francisco Bay Area, known for its dynamic downtown area filled with shops, restaurants, and entertainment options. It offers a perfect blend of suburban charm and urban amenities, making it ideal for families and young professionals alike. Additionally, the city boasts top-rated schools and an array of parks and outdoor activities, attracting those who enjoy an active lifestyle.

Current Market Conditions in Redwood City, CA

The Redwood City real estate market is currently competitive, with a steady demand for housing driven by the area's proximity to major tech companies in Silicon Valley and attractive quality of life. Home prices have seen a positive trajectory, with median prices rising as more buyers are drawn to the city's vibrant lifestyle and amenities. This trend has created a reinforced sense of urgency for potential buyers, leading to quicker sales and often multiple offers on properties.

Rental rates have also been climbing, reflecting the high demand from both professionals seeking short commutes and families wanting access to quality schools and community resources. The rapid growth of workplaces in nearby Silicon Valley has further solidified the area's desirability.

Home Value Estimator For Redwood City, CA

There are currently 23,265 real estate properties in Redwood City, CA, with a median automated valuation model (AVM) price of $1,895,831.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Redwood City, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Redwood City, CA, is $2,065,756.00, with the most expensive house in Redwood City, CA, topping out at $215,685,576.00 and the cheapest home in Redwood City, CA, clocking in at $65,559.00. In other words, there’s something for every potential homebuyer or savvy investor in Redwood City, CA!

Rent Prices In Redwood City, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Redwood City, CA, is on a rollercoaster ride. The average rent price in Redwood City, CA, is $3,548.00. Indeed, when looking to rent in Redwood City, CA, you can expect to pay as little as $1,260.00 or as much as $6,880.00, with the average rent median estimated to be $3,520.00. The good news is that finding an affordable and desirable property to rent in Redwood City, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Redwood City, CA Preforeclosure Homes


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