Redmond, OR
Housing market overview · Updated weekly
$465,000median sale price
Homes sold
49
Last 12 weeks
Days on market
81
Average pace
Active listings
151
3.1 months supply
Sale-to-list
98.6%
Below asking
The Redmond housing market is currently classified as a balanced market with a median sale price of $465,000. Prices have fallen 6.1% compared to last year, with homes spending an average of 81 days on market, indicating 3.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Redmond?
The median home sale price in Redmond is $465,000, down 6.1% from last year.
How long do homes stay on market in Redmond?
Homes typically spend 81 days on market before going under contract.
Is Redmond a buyer's or seller's market?
With 3.1 months of supply, Redmond is currently a balanced market.
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