Redwood Heights Home Prices & Values

$612,500 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 18.7% 1-year change
  • 9.0% 1-year forecast

The median home value in Redwood Heights is $612,500. Redwood Heights home values have gone up 18.7% over the past year and Zillow predicts they will rise 9.0% within the next year. The median list price per square foot in Redwood Heights is $382, which is higher than the Oakland average of $348. The median price of homes currently listed in Redwood Heights is $549,000 while the median price of homes that sold is $600,000. The median rent price in Redwood Heights is $1,675.

Foreclosures will be a factor impacting home values in the next several years. In Redwood Heights 2.9 homes are foreclosed (per 10,000). This is lower than the Oakland value of 5.2 and also lower than the national value of 4.8

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Relative ZHVI
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Redwood Heights Market Overview

Data through May 31, 2014
  • $612,500 ZHVI
  • 9.0% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (May 31, 2015)
  • $549,000 Median listing price
  • $600,000 Median sale price
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Redwood Heights Market Health

Data through May 31, 2014
  • 9.2/10 Very healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • No data Homes with negative equity (18.8% US Avg)
  • No data Delinquent on mortgage (7.2% US Avg)

Homes foreclosed (per 10,000)

2.9 homes(Nov 30, 2013) Redwood Heights
5.2 homes Oakland
4.8 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Woodminster $841,500 Crestmont $738,100 Lincoln Highlands $695,700
Leona Heights $636,400 Upper Dimond $592,000 Maxwell Park $432,200
Upper Peralta Creek $367,600 Fairfax $333,000 Allendale $309,800

Listings & Sales

Data through May 31, 2014
  • $382 Median list price / sq ft
  • $416 Median sale price / sq ft
  • 9.5% Listings with price cut
9.5%
Sold below listing
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Redwood Heights Rentals

Data through May 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$2,246 Redwood Heights
$2,098 Oakland
$1,310 United States
  • 4.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $1,675 Rent list price
  • No recent data Rent list price / sq ft
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