Redmond, OR Housing Market & Real Estate

Balanced market-6.1% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Redmond, OR is $465,000, down 6.1% year-over-year. Homes sell in an average of 81 days with 151 active listings. The market is currently a balanced market.

$465,000median sale price

Is Redmond a buyer's or seller's market?

Balanced market3.1 months of supply81 avg. days on market

Redmond, OR is currently a balanced market, based on 3.1 months of supply and homes selling in about 81 days. How we determine this →

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

Redmond, OR market data

Current housing market statistics for Redmond, OR
MetricValue
Median sale price$465,000
Median list price$480,000
Year-over-year price change-6.1%
Average days on market81 days
Active inventory151 listings
Months of supply3.1 months
Sale-to-list price ratio98.6%
Market conditionBalanced market

Source: Redfin · Updated weekly

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%

Top public schools in Redmond

11 schools tracked · 6,301 students

The largest public schools serving Redmond, OR by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Redmond High School

Grades 9-12 · 939 students

Public

Redmond Proficiency Academy

Grades 6-12 · 899 students

Charter

Ridgeview High School

Grades 9-12 · 858 students

Public

Elton Gregory Middle School

Grades 6-8 · 679 students

Public

Obsidian Middle School

Grades 6-8 · 554 students

Public

Sage Elementary School

Grades K-5 · 472 students

Public

Tom McCall Elementary School

Grades K-5 · 469 students

Public

Hugh Hartman Elementary

Grades K-5 · 376 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in OR

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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