Housing in Redmond, OR

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$460,000

Median List Price

$527,450

Price Per Sq Ft

$301

Days on Market

44

Active Inventory

137

Months of Supply

4.7

Balanced market

Zillow Home Value

$504,060

ZHVI — January 2026

Zillow Rent Index

$2,107

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 12.4%List Price 2.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

3.5%

Off Market in 2 Weeks

28.0%

Sale-to-List Ratio

98.3%

Buyer's market

Sold Above Asking
3.5%
Under Contract in 2 Wks
28.0%
Listings with Price Drops
40.1%

Market Activity

Source: Redfin

Homes Sold

29

New Listings

56

Pending Sales

50

Homes Sold 35.6%New Listings 45.6%Pending 39.8%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$301

Median List $/SF

$317

Sale $/SF 5.2%List $/SF 3.6%Mar 24Jan 26

Redmond vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Redmond is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$435,000

Median Rent

$1,479

Total Housing Units

13,766

Vacancy Rate

2.5%

Owner Occupied

66.0%

Renter Occupied

34.0%

Median Property Tax

$3,079

per year

Monthly Cost (w/ Mortgage)

$1,559

Housing Types

Single Family
76.7%
Multi-Family
19.8%
Mobile Home
3.5%

The current median sale price in Redmond, OR is $460,000 according to Redfin data. Homes spend a median of 44 days on the market. 3.5% of homes sold above asking price. The market has 4.7 months of supply. The median price per square foot is $301. Zillow's observed rent index is $2,107/month. About 66.0% of housing units are owner-occupied. The median year homes were built is 2001. There are 13,766 total housing units.