Redwood City, CA 94061 - Real Estate Investment Insights & Performance Data

Welcome to our 94061 real estate data hub, tailored for investors in Redwood City, CA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 94061 in Redwood City, CA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in SAN MATEO COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Redwood City, CA real estate investing. Uncover the wealth of information available, and position yourself for success in the Redwood City property market.

• Location Overview

  • Zip Code: 94061
  • City: Redwood City
  • State: CA
  • Metro Area: San Francisco-Oakland-Berkeley, CA
  • County Name: SAN MATEO COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $1,753,839
  • Average Home Price (Single Family Homes): $1,807,870
  • Average Monthly Rental Price (All Types): $3,238
  • Price-to-Rent Ratio: 45
  • Zillow Projected % appreciation from 4/2023-4/2024: -1.5%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $3,460
  • Average 3 Bedroom Section 8 Rental Rates: $4,250
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 42.24
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 34.39
  • Number of Units Offered in Section 8 in the County: 1650
  • Number of Occupied Units in Section 8 in the County: 1580
  • Percentage of Section 8 Units Occupied in the County: 95.80000305%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 282.58
  • Total % Appreciation since 2000 (Government Data): 128.33
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): -3.18%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -6.73%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 15.51%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 18.08%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 129.28%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 120.69%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 191.78%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 1.23%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 3.65%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 1.32%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 10.44%