Zip 94063 (Redwood City, CA) Housing

The housing in 94063 Redwood City, CA is quite expensive with a median value of $1,205,100, significantly higher than the US house median value of $338,100. Despite the high cost of housing in this area, it can still be seen as a good investment due to its house appreciation rate over the past year at 8.61%, compared to the US's 8.27%. This suggests that although expensive, 94063 Redwood City is still a desirable place to live and could result in increased profit for homeowners in years to come.

The median home cost in Redwood City (zip 94063) is $1,205,100. Home appreciation the last 10 years has been 88.1%. Home Appreciation in Redwood City (zip 94063) is up 13.3%.

Average Age of Homes

- The median age of Redwood City (zip 94063) real estate is 52 years old

The Rental Market in Redwood City (zip 94063)

- Renters make up 59.6% of the Redwood City (zip 94063) population
- 5.2% of houses and apartments in Redwood City (zip 94063), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Redwood City, California	United States
	11,717.0	139,647,020.0
	52	42
	$1,205,100	$338,100
	13.3%	16.6%
	18.4%	57.0%
	88.1%	101.1%
	$5.55	$10.98
	$5,562	$2,690
	30.4%	57.4%
	6.9%	11.2%
	62.6%	31.4%
Vacant Housing
	5.2%	1.9%
	0.4%	0.4%
	0.2%	0.7%
	0.2%	0.4%
	0.5%	3.6%
	0.5%	4.1%
Value of Owner-Occupied Housing
	4.4%	2.6%
	0.7%	2.4%
	0.1%	2.8%
	1.9%	3.9%
	0.2%	4.5%
	1.4%	11.3%
	3.2%	13.0%
	2.9%	20.1%
	3.4%	13.6%
	1.5%	8.3%
	10.8%	9.7%
	19.2%	3.9%
	36.7%	2.2%
	10.2%	0.8%
	3.4%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	5.2%	13.6%
	5.2%	13.6%
	6.1%	13.6%
	7.5%	13.2%
	8.8%	14.8%
	6.1%	13.6%
	16.2%	10.0%
	14.3%	4.7%
	4.7%	12.2%

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