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Sarah Mitchell
Compass Real Estate · ZIP 98052
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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98052 ZIP Code Housing Market
$1.30Mmedian sale price
What is the 98052 housing market like right now?
The median home sale price in ZIP code 98052 is $1.30M, down 3.9% year-over-year. Homes sell in an average of 12 days with 158 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 98052 ZIP code a buyer's or seller's market?
ZIP code 98052 is currently a balanced market and homes selling in about 12 days. How we determine this →
What are the latest 98052 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $1.30M |
| Median list price | $1.32M |
| Year-over-year price change | -3.9% |
| Average days on market | 12 days |
| Active inventory | 158 listings |
| Sale-to-list price ratio | 99.4% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 98052 zip code, located in Redmond, WA, is currently classified as a balanced market. The median sale price stands at $1.30M, representing a -3.9% change year over year. Homes in this area spend an average of 12 days on the market before going under contract. There are currently 158 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 98052 sits in the Redmond, WA area, roughly 0.4 miles from downtown Redmond. Because home prices are set street by street, this ZIP can move differently from Redmond's citywide averages. The figures below reflect 98052 specifically — drawn from Redfin transactions, U.S. Census data for its 80,717 residents, and Zillow value estimates.
Homes sold
166
Last 12 weeks
Days on market
12
Fast-moving
Active listings
158
Sale-to-list
99.4%
Below asking
What is driving the 98052 housing market?
The 98052 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 99.4% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 98052 have declined -3.9% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 98052 stands at $1.33M, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,631 per month. This gives a price-to-rent ratio of approximately 42.0, which indicates that renting may be more cost-effective than buying in the short term, though long-term appreciation could shift that calculus. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 98052?
Population
80,717
Median income
$163,460/yr
Median age
35.2 years
Owner-occupied
44.8%
College grads
75.2%
Avg commute
17.56 min
What is it like living in 98052?
Zip code 98052 is home to approximately 80,717 residents. The median household income is $163,460 per year, which shapes the types of homes and amenities available in the area. With a median age of 35.2 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 44.8% of housing units are owner-occupied, showing a healthy mix of homeowners and renters that contributes to a diverse community.
About 75.2% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 17.56 minutes, which is shorter than the national average and suggests good proximity to employment centers. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 98052.
Which public schools serve ZIP 98052?
16 schools tracked · 8,284 students
The largest public schools serving ZIP code 98052 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
Benjamin Rush Elementary
Grades K-5 · 641 students
Redmond Elementary
Grades K-5 · 559 students
Clara Barton Elementary School
Grades K-5 · 505 students
Albert Einstein Elementary
Grades K-5 · 481 students
John J. Audubon Elementary
Grades K-5 · 456 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 98052
What is the median home price in 98052?
The current median sale price in 98052 is $1.30M, based on recent Redfin transaction data. Prices have changed -3.9% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 98052 a buyer's or seller's market?
The 98052 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 98052?
Zip code 98052 has a population of approximately 80,717 residents. The median household income is $163,460 per year. About 44.8% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 98052?
Properties Incorporated provides comprehensive data for 98052 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 98052 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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