Neighborhood Profile

Redwood Village

San Diego, CA | San Diego County
Scored premium profile
Best Neighborhoods USA Index
42.1
National rank: #10,351 of 14,967
Stability and Strength
43.0
Score
Value Opportunity
31.5
Score
Momentum
55.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationSan Diego, CA
CountySan Diego County
National rank#10,351 of 14,967
State rank#1,278 of 1,814
City rank#71 of 111
County rank#117 of 170
National percentile30.8
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$726,622
Year-over-year home value change0.8%
Month-over-month home value change0.17%
Home value to income ratio15.46
Median household income$46,997
Bachelor's degree or higher26.8%
Civilian unemployment rate3.0%
Homeownership rate56.8%
Housing vacancy rate0.0%
Rent burden 30% or higher68.2%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Redwood Village

What is the Best Neighborhoods USA ranking for Redwood Village?

Redwood Village is ranked #71 of 111 eligible neighborhoods in San Diego; #1,278 of 1,814 eligible neighborhoods in CA; and #10,351 of 14,967 eligible neighborhoods in the United States.

Is Redwood Village one of the best neighborhoods in San Diego?

Redwood Village has a Best Neighborhoods USA Index of 42.1 and a city ranking of #71 of 111 eligible neighborhoods in San Diego.

How much are homes worth in Redwood Village?

The current Zillow Home Value Index for Redwood Village is approximately $726,622.

Are home values rising or falling in Redwood Village?

Zillow neighborhood values changed 0.8% year over year and 0.17% month over month.

What is the Neighborhood Momentum Score for Redwood Village?

Redwood Village has a Neighborhood Momentum Score of 55.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Redwood Village?

The NDS-derived neighborhood median household income is approximately $46,997.

How affordable is Redwood Village relative to household income?

The current Zillow home-value-to-household-income ratio is 15.46. Price-to-income affordability is a major Value Opportunity input.

Is Redwood Village primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 56.8%.

What is the unemployment rate in Redwood Village?

The NDS-derived civilian unemployment rate is approximately 3.0%.

How educated are residents of Redwood Village?

Approximately 26.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Redwood Village face high rent burden?

Approximately 68.2% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Redwood Village?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications116
Estimated originations71
Home-purchase applications50
Origination rate61.7%
Home-purchase share43.4%
Average application loan$368,011
Total application loan amount$42,651,477
National application rank#3,783 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 25.6% YoY; originations 57.4% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.