Is Redwood Valley, CA 95470 a buyer’s or seller’s market?
Redwood Valley 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.
The Redwood Valley housing market right now
In the three months ending August 31, 2026, 0% of homes in Redwood Valley, CA 95470 sold above their list price, the typical home went under contract in 50 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 8 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 (75 days then) and the median sale price rose 18% to $734,682. Overall, Redwood Valley is more competitive than a year ago, so tougher for buyers.
Within Mendocino County, homes here sell faster than in 72% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Philo 95466 (50% sold over asking) and Mendocino 95460 (29% sold over asking) are even more competitive.
Run the numbers for 95470
Nearby markets
Albion 95410Seller’s market $493 /sq ftBoonville 95415Seller’s market $542 /sq ftCaspar 95420 — /sq ftComptche 95427Buyer’s market $529 /sq ft Browse all markets →Towns like Redwood Valley nearby
Find towns like Redwood Valley in other states →Where Redwood Valley is
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Questions about Redwood Valley real estate
Is Redwood Valley a buyer’s or seller’s market?
A buyer’s market: there were 7.2 months of supply in Redwood Valley, CA 95470 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 Valley?
The typical home went under contract in 50 days in the latest three months.
Do homes in Redwood Valley sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 90.5% of the list price.
What are property taxes in Redwood Valley?
About 1.15% of a home’s value a year in Mendocino County, or roughly $4,600 on a $400,000 home.
What is the median home price in Redwood Valley?
The median sale price was $734,682 in the three months ending August 31, 2026, about $356 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