Blog > Redwood City Luxury Homes: Where $3.5 Million+ Houses Sold, Neighborhood by Neighborhood
Redwood City Luxury Homes: Where $3.5 Million+ Houses Sold, Neighborhood by Neighborhood
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Where do top-of-market single-family houses sell in Redwood City? In the two years to October 27, 2026, 116 of the 901 single-family houses that sold in Redwood City (13%) closed at $3.5 million or more, by the MLS records we can read with repeat records removed. In 2012, none did all year; in 2025, 54 did. Here is where those sales happened, inside each of our neighborhood guides.
The short answer
- Across the city: 40% of house sales closed at $2.5M or more, 13% at $3.5M or more and 3% at $4.5M or more. The highest sale was $6.5M, outside our neighborhood guides.
- Where they cluster (share of house sales at $3.5M+, guides with at least 8 house sales): Edgewood Park (48%), Palomar Park (40%) and Emerald Hills (37%).
- None at $3.5M+ in the window: Roosevelt, Palm Park & Central, Friendly Acres, Greater Downtown and North Fair Oaks.
- What it buys: the typical house that sold for $3.5M or more went for $4.01M, with 3,247 sq ft ($1,238 per sq ft), against 1,775 sq ft and $1,251 per sq ft for all Redwood City houses.
- Over time: no house sold for $3.5M or more in 2012; 32 did in 2021 and 54 in 2025, with 52 more from January through September 2026.
Next steps in Redwood City
- What’s my Redwood City home worth? Request an estimate, and ask us for the recent sales on your street.
- See Redwood City homes for sale, then use Save Search to get new listings by email.
- Book a strategy call with a Property Nerd.
Neighborhood by neighborhood
Guides with at least 8 house sales, highest share at $3.5M or more first. Each cell shows how many houses sold at that price or more and their share of the guide’s house sales. Each name opens its guide, with live listings and the last 12 months of sales.
| Neighborhood | House sales | Median price | $2.5M+ | $3.5M+ | $4.5M+ |
|---|---|---|---|---|---|
| Edgewood Park | 42 | $3.4M | 32 (76%) | 20 (48%) | 5 (12%) |
| Palomar Park | 10 | $2.93M | 7 (70%) | 4 (40%) | 2 (20%) |
| Emerald Hills | 91 | $2.95M | 66 (73%) | 34 (37%) | 9 (10%) |
| Mount Carmel & Eagle Hill | 100 | $2.5M | 50 (50%) | 15 (15%) | 2 (2%) |
| Horgan Ranch & Redwood Oaks | 119 | $2.31M | 48 (40%) | 14 (12%) | 3 (3%) |
| Farm Hill & Canyon | 127 | $2.48M | 63 (50%) | 14 (11%) | 3 (2%) |
| Woodside Plaza | 75 | $2.35M | 30 (40%) | 8 (11%) | 0 (0%) |
| Redwood Shores | 55 | $2.58M | 31 (56%) | 3 (5%) | 0 (0%) |
| Roosevelt | 66 | $1.91M | 16 (24%) | 0 (0%) | 0 (0%) |
| Palm Park & Central | 68 | $1.77M | 8 (12%) | 0 (0%) | 0 (0%) |
| Friendly Acres | 45 | $1.6M | 1 (2%) | 0 (0%) | 0 (0%) |
| Greater Downtown | 30 | $1.57M | 0 (0%) | 0 (0%) | 0 (0%) |
| North Fair Oaks | 55 | $1.3M | 0 (0%) | 0 (0%) | 0 (0%) |
Year by year since 2012
House sales at $3.5M or more each year, in Redwood City. The line is fixed in dollars while prices rose, so part of the climb is simply more houses crossing it: the median house sold for $800K in 2012 and $2.22M in 2025.
| Year | House sales | $3.5M+ | Share | Median house price |
|---|---|---|---|---|
| 2012 | 568 | 0 | 0% | $800K |
| 2013 | 560 | 1 | <1% | $955K |
| 2014 | 502 | 1 | <1% | $1.1M |
| 2015 | 530 | 6 | 1% | $1.33M |
| 2016 | 525 | 5 | 1% | $1.41M |
| 2017 | 465 | 2 | <1% | $1.56M |
| 2018 | 471 | 9 | 2% | $1.7M |
| 2019 | 538 | 12 | 2% | $1.65M |
| 2020 | 546 | 20 | 4% | $1.73M |
| 2021 | 653 | 32 | 5% | $2M |
| 2022 | 495 | 48 | 10% | $2.2M |
| 2023 | 386 | 30 | 8% | $2.05M |
| 2024 | 386 | 30 | 8% | $2.05M |
| 2025 | 443 | 54 | 12% | $2.22M |
| 2026 (Jan.–Sept.) | 349 | 52 | 15% | $2.38M |
Reading it right
- These are sale prices, not list prices, and they aren’t adjusted for inflation.
- Size drives much of the top end, so compare price per square foot as well as price when you look at houses at $3.5M or more.
- Small samples swing. Every cell shows its count, and one or two sales can move a small guide’s share.
- Some guides overlap, and a sale inside two outlines counts in both.
- Past sales aren’t a forecast or the value of any one home.
How we counted
Closed sales of single-family houses reported to the MLS, read through the IDX feeds that power our home search, with one record per MLS number and only sales with a recorded living area and a map position, placed inside each guide’s outline. A sale counts at a price if it closed at that amount or more. The yearly table uses the same rules, by closing date, through September 30, 2026.
Go deeper
The Luxury Market Report follows the top of the market across Silicon Valley, and the Price Ladder shows where Redwood City’s top end sits against other cities. For Redwood City, see houses under $2 million, guide by guide, house prices by bedrooms and neighborhoods ranked by price per square foot; the Redwood City guide page links every guide. Our sales map shows the homes we’ve sold there. Across every city we cover: where $5M+ houses sold, neighborhood by neighborhood.
Common questions
What is the most expensive neighborhood in Redwood City?
By median house price over the two years to October 27, 2026, among our guides with at least 8 house sales: Edgewood Park ($3.4M), Emerald Hills ($2.95M) and Palomar Park ($2.93M).
How many Redwood City houses sell for $3.5 million or more?
116 of 901 house sales (13%) in those two years, and 54 in 2025 alone, up from none in 2012.
What was the highest house sale in Redwood City?
$6.5M, outside our neighborhood guides, in the two years to October 27, 2026, by the MLS records we can read.
The Redwood City data series: housing market by the numbers · neighborhoods ranked by price per sq ft · where homes sell over asking · ten years of prices by neighborhood · condos and townhomes · house prices by bedrooms · houses under $2M · the best month to sell · the most expensive streets · lots by neighborhood · our sales map
Selling at the top of the Redwood City market?
A Property Nerd will pull the closest sales at your level in your neighborhood, show how they were priced, prepared and marketed, and build a plan for yours. Call (408) 373-1660 or (650) 383-8606, or book a strategy call. Commissions are negotiable, and we offer bundled services, so ask us what’s included.