Is Redwood, NY 13679 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Redwood is a buyer’s market. With about 7.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply7.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97.3%Sold price ÷ list price
Median days on market59Listing to accepted offer
Median price per sq ft$195▲ +54.4% vs. last year

The Redwood housing market right now

In the three months ending August 31, 2026, 0% of homes in Redwood, NY 13679 sold above their list price, the typical home went under contract in 59 days and there were 7.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (77 days then) and the median sale price rose 137% to $344,301. Overall, Redwood is more competitive than a year ago, so tougher for buyers.

Within Jefferson County, homes here sell faster than in 55% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Great Bend 13643 (100% sold over asking) and Rodman 13682 (100% sold over asking) are even more competitive.

Nearby markets

Adams 13605Balanced $136 /sq ftAdams Center 13606Balanced $143 /sq ftAlexandria Bay 13607Buyer’s market $473 /sq ftAntwerp 13608Buyer’s market $101 /sq ft Browse all markets →

Where Redwood is

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Questions about Redwood real estate

Is Redwood a buyer’s or seller’s market?

A buyer’s market: there were 7.2 months of supply in Redwood, NY 13679 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Redwood?

The typical home went under contract in 59 days in the latest three months.

Do homes in Redwood sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.

What are property taxes in Redwood?

About 1.54% of a home’s value a year in Jefferson County, or roughly $6,160 on a $400,000 home.

What is the median home price in Redwood?

The median sale price was $344,301 in the three months ending August 31, 2026, about $195 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology