Redwood City, CA Real Estate
According to census data in the year 2000 there were 28,928 housing units in Redwood City.
This represents a 7.8% growth from 26,847 in 1990.
Of those housing units, 28,928 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Redwood City is about 53%.
Redwood City's vacancy rate, including seasonal lodging, is about 2.9%.
Average household size is 2.62 people.
The majority of houses, apartments or condos in Redwood City were built after 1963.
|Housing Units by Size|
|Five Bedrooms or more||2%|
Owned Homes, Apartments and Condos
|Average Household Size||2.67|
|Median year structure was built||1959|
|Median Value of occupied units||$517,800|
|Median Price asked for vacant units||$513,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.56|
|Median year structure was built||1965|
|Median Monthly Rent asked for vacant units||$1,462|
Owners Finance Status
|Second Mortgage & Equity Loan||0.10%|
|Home Equity Loan||11.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||23%|