Housing in Redmond, WA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$1,220,500
Median List Price
$1,349,950
Price Per Sq Ft
$629
Days on Market
65
Active Inventory
79
Months of Supply
3.0
Seller's market
Zillow Home Value
$1,348,208
ZHVI — January 2026
Zillow Rent Index
$2,349
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
7.7%
Off Market in 2 Weeks
50.0%
Sale-to-List Ratio
99.1%
Buyer's market
Market Activity
Source: RedfinHomes Sold
26
New Listings
61
Pending Sales
44
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$629
Median List $/SF
$660
Redmond vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 50,000 - 100,000 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
$1,091,700
Median Rent
$2,343
Total Housing Units
33,884
Vacancy Rate
5.6%
Owner Occupied
45.2%
Renter Occupied
54.8%
Median Property Tax
$8,132
per year
Monthly Cost (w/ Mortgage)
$2,861
Housing Types
The current median sale price in Redmond, WA is $1,220,500 according to Redfin data. Homes spend a median of 65 days on the market. 7.7% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $629. Zillow's observed rent index is $2,349/month. About 45.2% of housing units are owner-occupied. The median year homes were built is 1991. There are 33,884 total housing units.