Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Redwood Terrace area can be challenging. Home prices in Redwood Terrace are now at a median cost of $896,767, higher than the California average of $648,235.
The average cost of rent is $1,546/mo in Redwood Terrace, primarily driven by the current value of real estate in the Redwood Terrace area. While nearly 36.17% of residents own their homes outright in Redwood Terrace, 24.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in Redwood Terrace is $16,034 per month. Households that rent pay about 9.64% of their income on rent here. Redwood Terrace's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- La Honda, CA: equally priced homes
- Loma Mar, CA: equally priced homes
- San Gregorio, CA: higher priced homes
- Sky Londa, CA: higher priced homes
- Pescadero, CA: equally priced homes
- Portola Valley, CA: higher priced homes
- Woodside, CA: higher priced homes
- Los Altos Hills, CA: higher priced homes
- Stanford, CA: higher priced homes
- Atherton, CA: higher priced homes
Cities with Similar Populations
- Ouaquaga, NY: less expensive homes
- Payne, MN: less expensive homes
- Pawnee Station, KS: less expensive homes
- Pancake, TX: less expensive homes
- Pamlico, NC: less expensive homes
- Palermo, KS: less expensive homes
- Pailo, TN: less expensive homes
- Ozona, MS: less expensive homes
- Ozark Acres, AR: less expensive homes
- Owasa, IA: less expensive homes
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