New Listing
27
$545,000
17440 NE 38th St Apt A201
Redmond, WA 98052
2 bd2 ba1,168 sqft$467/ft²
Condo
Redfin
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Sarah Mitchell
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Compass Real Estate · Redmond, WA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Redmond, WA(512) 555-0184TX License #0512847
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Redmond, WA Housing Market & Real Estate
Balanced market-2.7% YoY
Housing market overview · Updated monthly ·
$1.26Mmedian sale price
How is the Redmond, WA housing market right now?
The median home sale price in Redmond, WA is $1.26M, down 2.7% year-over-year. Homes sell in an average of 24 days with 164 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Redmond a buyer's or seller's market?
Balanced market3.0 months of supply24 avg. days on market
Redmond, WA is currently a balanced market, based on 3.0 months of supply and homes selling in about 24 days. How we determine this →
Homes sold
54
Last 12 weeks
Days on market
24
Average pace
Active listings
164
3.0 months supply
Sale-to-list
97.9%
Below asking
What does the Redmond housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.26M |
| Median list price | $1.35M |
| Year-over-year price change | -2.7% |
| Average days on market | 24 days |
| Active inventory | 164 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 97.9% |
| Median price per sq ft | $647/sq ft |
| Homes sold (latest month) | 54 |
| New listings (latest month) | 91 |
| Listings with a price cut | 41.5% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Redmond by property type?
How the Redmond, WA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.56M | $690/sq ft | 31 | 13 days |
| Condo / Co-op | $647,500 | $605/sq ft | 10 | 21 days |
| Townhouse | $710,000 | $503/sq ft | 13 | 47 days |
Source: Redfin · Updated monthly
The Redmond housing market is currently classified as a balanced market with a median sale price of $1.26M. Prices have fallen 2.7% compared to last year, with homes spending an average of 24 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 8.4x provides context for how home values compare to local earning capacity.
Homes for sale in Redmond
There are currently 164 homes listed for sale in Redmond, Washington. The median listing price is $1.4M. Featured listings range from $545,000 to $2,150,000.
New Listing
39
$560,000
13896 NE 66th St Apt 586
Redmond, WA 98052
2 bd2 ba1,048 sqft$534/ft²
Townhouse
RE/MAX Eastside Brokers, Inc.
View photos & details
New Listing
29
$595,000
6525 139th Pl NE Apt 37
Redmond, WA 98052
2 bd2 ba1,048 sqft$568/ft²
Condo
COMPASS
View photos & details
New Listing
15
$699,000
10515 221st Ln NE Unit 202
Redmond, WA 98053
3 bd2 ba1,341 sqft$521/ft²
Condo
Wyman Real Estate, Inc
View photos & details
New Listing
40
$1,350,000
17412 NE 40th Pl Unit A6
Redmond, WA 98052
2 bd2 ba1,660 sqft$813/ft²
Condo1,660 sqft lot
Upside Properties
View photos & details
New Listing
40
$1,424,950
2823 182nd Ave NE
Redmond, WA 98052
3 bd2 ba1,460 sqft$976/ft²
House9,849 sqft lot
North Pacific Properties
View photos & details
New Listing
35
$1,525,000
23729 NE 116th Pl
Redmond, WA 98053
3 bd3 ba2,320 sqft$657/ft²
House5,602 sqft lot
Home Team Real Estate
View photos & details
New Listing
32
$1,600,000
14203 NE 63rd Ct
Redmond, WA 98052
4 bd3 ba1,980 sqft$808/ft²
House10,158 sqft lot
Redfin
View photos & details
New Listing
22
$1,695,000
18654 NE 55th St
Redmond, WA 98052
5 bd3 ba3,520 sqft$482/ft²
House19,349 sqft lot
COMPASS
View photos & details
New Listing
22
$1,800,000
7204 153rd Ave NE
Redmond, WA 98052
4 bd3 ba2,790 sqft$645/ft²
House7,671 sqft lot
Windermere Real Estate/East
View photos & details
New Listing
40
$2,100,000
16414 NE 135th St
Redmond, WA 98052
3 bd3 ba3,680 sqft$571/ft²
House35,619 sqft lot
Windermere Real Estate/East
View photos & details
New Listing
40
$2,150,000
22720 NE 46th St
Redmond, WA 98053
4 bd3 ba3,350 sqft$642/ft²
House35,297 sqft lot
Real Broker LLC
View photos & details
Looking to buy in Redmond?
Get connected with a local real estate expert — free, no obligation.
Active listings
164
Homes on market
Median list price
$1.4M
Avg. days on market
24
Days until sale
New this week
91
Newly listed
Price drops:41.5%of listings
Sale-to-list:97.9%
Who lives in Redmond?
Population
75,721
Median income
$162,099/yr
Median age
35 years
Owner-occupied
45.2%
College grads
74.7%
Avg commute
23.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Redmond?
Zillow home value
$1.36M
Zillow rent index
$2,640/mo
Price-to-rent ratio
43.1x
Price-to-income
8.4x
Source: Zillow Research
What is it like to live in Redmond?
Redmond is a community of approximately 76K residents with a median age of 35 years.The median household income is $162,099, which reflects a relatively affluent area with strong earning potential. 74.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 45.2%, showing a blend of owner and renter-occupied properties. The average commute time is 23.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Redmond offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Redmond?
24 schools tracked · 12,390 students
The largest public schools serving Redmond, WA 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 · 2,275 students
Redmond Middle School
Grades 6-8 · 1,017 students
Rose Hill Middle School
Grades 6-8 · 888 students
Evergreen Middle School
Grades 6-8 · 804 students
Timberline Middle School
Grades 6-8 · 741 students
Benjamin Rush Elementary
Grades K-5 · 641 students
Louisa May Alcott Elementary
Grades K-5 · 630 students
Nikola Tesla STEM High School
Grades 9-12 · 601 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Redmond, WA?
Want a head-to-head view? Compare Redmond side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Redmond?
Is Redmond a good real estate investment market?
For investors evaluating Redmond, the price-to-rent ratio of 43.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 2.7% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Redmond's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Redmond's median home price.
Frequently asked questions
What is the average home price in Redmond?
The median home sale price in Redmond is $1.26M, down 2.7% from last year.
How long do homes stay on market in Redmond?
Homes typically spend 24 days on market before going under contract.
What is the median income in Redmond?
The median household income is $162,099 per year.
Is Redmond a buyer's or seller's market?
With 3.0 months of supply, Redmond is currently a balanced market.
How many homes are for sale in Redmond?
There are currently 164 homes listed for sale in Redmond, WA.
What is the Zillow home value estimate for Redmond?
The Zillow Home Value Index (ZHVI) for Redmond is $1.36M, representing the typical home value in the area.
What is the median condo price in Redmond?
The median condo/co-op sale price in Redmond, WA is $647,500, compared to $1.56M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Redmond?
The median single-family home price in Redmond, WA is $1.56M (about $690 per square foot).
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