ZIP 94065 Housing Market Update: High Sale Prices, Modest Inventory, and Firm Rents

ZIP 94065 covers much of Redwood Shores in Redwood City (San Mateo County). Recent portal data shows a still-competitive market, but with mixed signals depending on whether you look at closed sales, active listings, or home-value indexes.

Top takeaways

Closed-sale pricing stayed high: Redfin shows a January 2026 median sold price of $1,749,000 (up 15.1% year over year), with homes selling in about 34–35 days.
Inventory remains modest: Zillow shows 21 homes for sale inventory as of January 31, 2026, while Realtor.com shows a smaller active count (timing and methodology differ).
Rent pricing looks firm: Zillow’s observed rent index puts average rent around $3,945 (Jan 2026), while Realtor.com’s median rental metric is higher at $4,940 (Dec 2025).

Market snapshot (last 30 days of available portal data)

Sales pace: Redfin reports homes selling in roughly 34–35 days on market in January 2026, faster than last year, with 13 homes sold. Its competitiveness metrics also suggest many listings still go pending quickly (often near or above list, depending on the home).

Pricing: Zillow’s ZIP-level typical home value is $1,782,546 (data through January 31, 2026). Redfin’s median sold price for January came in near $1.75M, while Realtor.com’s median listing price is much lower ($915,000), which likely reflects the mix of condos/townhomes versus higher-priced single-family waterfront inventory and a small sample size.

What’s for sale nearby (no addresses)

Today’s active mix in 94065 skews toward condos and townhomes, with some higher-end single-family options. Recent Realtor.com results show:

2–3 bedroom townhomes roughly in the low-to-mid $1.3M range
3 bedroom homes/condos around the low $1.3M range
4 bedroom single-family listings in the high $2M range

If you’re shopping, pay close attention to HOA dues (where applicable), parking/storage, and any flood/insurance disclosures that can affect monthly cost more than the headline price.

Rental watch

Zillow’s rent index shows 94065 rents up year over year (Jan 2026), and Realtor.com’s rent metric also remains elevated. For tenants, the main lever is often timing: more choices tend to appear as spring approaches, but well-located units still move quickly.

ServiceXTC local help (real-estate adjacent)

We did not find any ServiceXTC provider pages clearly tagged to ZIP 94065 at publish time. If you’re a local home inspector, plumber, electrician, HVAC tech, roofer, or remodeler serving Redwood Shores/Redwood City, consider getting listed so buyers and sellers can find you during escrow and move-in season.

Sources (see full URLs in the post sources)

Zillow: 94065 home values, inventory, and rent index
Redfin: 94065 housing-market trends (sales, median sold price, days on market)
Realtor.com: ZIP 94065 market snapshot and active homes for sale

What are you seeing right now in 94065: more price cuts, more bidding wars, or just fewer listings to choose from?