Redmond, WA Housing Market & Real Estate

Balanced market+22.3% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Redmond, WA is $1.53M, up 22.3% year-over-year. Homes sell in an average of 28 days with 100 active listings. The market is currently a balanced market.

$1.53Mmedian sale price

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

Balanced market3.1 months of supply28 avg. days on market

Redmond, WA is currently a balanced market, based on 3.1 months of supply and homes selling in about 28 days. How we determine this →

Homes sold

32

Last 12 weeks

Days on market

28

Average pace

Active listings

100

3.1 months supply

Sale-to-list

99.4%

Below asking

Redmond, WA market data

Current housing market statistics for Redmond, WA
MetricValue
Median sale price$1.53M
Median list price$1.35M
Year-over-year price change+22.3%
Average days on market28 days
Active inventory100 listings
Months of supply3.1 months
Sale-to-list price ratio99.4%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Redmond housing market is currently classified as a balanced market with a median sale price of $1.53M. Prices have risen 22.3% compared to last year, with homes spending an average of 28 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 100 homes listed for sale in Redmond, Washington. The median listing price is $1.4M. Featured listings range from $545,000 to $2,150,000.

2 bedroom condo for sale at 17440 NE 38th St Apt A201 Redmond 98052 - $545,000
New listing
27
$545,000

17440 NE 38th St Apt A201

Redmond, WA 98052

2 bd2 ba1,168 sqft
Condo
Est. $531KSold 2024 for $530K

Redfin

More about this property
2 bedroom townhouse for sale at 13896 NE 66th St Apt 586 Redmond 98052 - $560,000
New listing
39
$560,000

13896 NE 66th St Apt 586

Redmond, WA 98052

2 bd2 ba1,048 sqft
Townhouse
Est. $554KSold 2024 for $620K

RE/MAX Eastside Brokers, Inc.

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2 bedroom condo for sale at 6525 139th Pl NE Apt 37 Redmond 98052 - $595,000
New listing
29
$595,000

6525 139th Pl NE Apt 37

Redmond, WA 98052

2 bd2 ba1,048 sqft
Condo
Est. $540KSold 2022 for $625K

COMPASS

More about this property
3 bedroom condo for sale at 10515 221st Ln NE Unit 202 Redmond 98053 - $699,000
New listing
15
$699,000

10515 221st Ln NE Unit 202

Redmond, WA 98053

3 bd2 ba1,341 sqft
Condo
Est. $711KSold 2014 for $335K

Wyman Real Estate, Inc

More about this property
2 bedroom condo for sale at 17412 NE 40th Pl Unit A6 Redmond 98052 - $1,350,000
New listing
40
$1,350,000

17412 NE 40th Pl Unit A6

Redmond, WA 98052

2 bd2 ba1,660 sqft
Condo1,660 sqft lot

Upside Properties

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3 bedroom house for sale at 2823 182nd Ave NE Redmond 98052 - $1,424,950
New listing
40
$1,424,950

2823 182nd Ave NE

Redmond, WA 98052

3 bd2 ba1,460 sqft
House9,849 sqft lot
Est. $1.4MSold 2003 for $290K

North Pacific Properties

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3 bedroom house for sale at 23729 NE 116th Pl Redmond 98053 - $1,525,000
New listing
35
$1,525,000

23729 NE 116th Pl

Redmond, WA 98053

3 bd3 ba2,320 sqft
House5,602 sqft lot
Est. $1.5MSold 2010 for $575K

Home Team Real Estate

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4 bedroom house for sale at 14203 NE 63rd Ct Redmond 98052 - $1,600,000
New listing
32
$1,600,000

14203 NE 63rd Ct

Redmond, WA 98052

4 bd3 ba1,980 sqft
House10,158 sqft lot
Est. $1.5MSold 1987 for $86K

Redfin

More about this property
5 bedroom house for sale at 18654 NE 55th St Redmond 98052 - $1,695,000
New listing
22
$1,695,000

18654 NE 55th St

Redmond, WA 98052

5 bd3 ba3,520 sqft
House19,349 sqft lot
Est. $1.8M

COMPASS

More about this property
4 bedroom house for sale at 7204 153rd Ave NE Redmond 98052 - $1,800,000
New listing
22
$1,800,000

7204 153rd Ave NE

Redmond, WA 98052

4 bd3 ba2,790 sqft
House7,671 sqft lot
Est. $1.9MSold 2015 for $803K

Windermere Real Estate/East

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3 bedroom house for sale at 16414 NE 135th St Redmond 98052 - $2,100,000
New listing
40
$2,100,000

16414 NE 135th St

Redmond, WA 98052

3 bd3 ba3,680 sqft
House35,619 sqft lot
Est. $1.8MSold 2014 for $770K

Windermere Real Estate/East

More about this property
4 bedroom house for sale at 22720 NE 46th St Redmond 98053 - $2,150,000
New listing
40
$2,150,000

22720 NE 46th St

Redmond, WA 98053

4 bd3 ba3,350 sqft
House35,297 sqft lot
Est. $1.8MSold 2021 for $2.0M

Real Broker LLC

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Active listings

100

Homes on market

Median list price

$1.4M

Avg. days on market

28

Days until sale

New this week

61

Newly listed

Price drops:34.0%of listings
Sale-to-list:99.4%

Top public schools in 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

Public

Redmond Middle School

Grades 6-8 · 1,017 students

Public

Rose Hill Middle School

Grades 6-8 · 888 students

Public

Evergreen Middle School

Grades 6-8 · 804 students

Public

Timberline Middle School

Grades 6-8 · 741 students

Public

Benjamin Rush Elementary

Grades K-5 · 641 students

Public

Louisa May Alcott Elementary

Grades K-5 · 630 students

Public

Nikola Tesla STEM High School

Grades 9-12 · 601 students

Alternative

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 WA

Frequently asked questions

What is the average home price in Redmond?

The median home sale price in Redmond is $1.53M, up 22.3% from last year.

How long do homes stay on market in Redmond?

Homes typically spend 28 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.

How many homes are for sale in Redmond?

There are currently 100 homes listed for sale in Redmond, WA.

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