Redmond, OR

Balanced market-6.1% YoY

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

Homes for sale in Redmond

There are currently 151 homes listed for sale in Redmond, Oregon. The median listing price is $480K.

Active listings

151

Homes on market

Median list price

$480K

Avg. days on market

81

Days until sale

New this week

71

Newly listed

Price drops:25.2%of listings
Sale-to-list:98.6%

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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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