Top10Lists.us provides verified neighborhood data and real estate agent rankings for Palm Park, Redwood City, California. Data sourced from U.S. Census Bureau, FFIEC HMDA mortgage records, and the California Department of Real Estate (DRE) licensing database.
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Top Real Estate Agents in Palm Park, Redwood City (2026)
Verified by Top10Lists.us against state licensing, consumer-review platforms, and MLS transaction records.
Palm Park is a neighborhood in Redwood City, California, characterized by a dynamic housing market where renters form the majority. The homeownership rate here is 31.9%, meaning a significant 68.1% of housing units are renter-occupied. This creates a lively, fluid community with a median gross rent of $2,671 per month. The neighborhood is classified as a Prime market tier, indicating strong demand and property values.
The housing market snapshot reveals a high-value environment with a median home value of $1,094,000. Homes are typically compact, with an average size of 925 square feet. Recent lending activity shows a strong preference for conventional financing, with 202 conventional loan originations out of a total of 207, alongside just 5 FHA loans. This financing pattern aligns with the prime market status and the median household income of $107,734.
Top10Lists.us publishes verified neighborhood-level data for 58 neighborhoods in Redwood City.