Redmond, UT housing market
The typical Redmond home is worth about $310,000, up 3.7% in a year, 42% below the Utah typical home.
Home values, sales, trends and how Redmond compares with the towns next door — updated as new data is published.
Redmond at a glance
Typical home value, 2022–2026
Show as a table
| January | Redmond | Utah |
|---|---|---|
| 2023 | $277,000 | $514,000 |
| 2024 | $285,000 | $516,000 |
| 2025 | $295,000 | $528,000 |
| 2026 | $311,000 | $538,000 |
| August 2026 | $310,000 | $535,000 |
No new homes permitted in 2020
No permits for new homes were issued in Redmond in 2020. The last year with any was 2016 (1 new home).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Redmond gained 32 residents while 9 new homes were permitted: about 3.6 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Utah: 2.7 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 1 | 1 | 0 | $246,000 |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 1 | 1 | 0 | $223,000 |
| 2013 | 1 | 1 | 0 | $210,000 |
| 2012 | 2 | 2 | 0 | $414,000 |
| 2011 | 3 | 1 | 2 | $489,000 |
| 2010 | 1 | 1 | 0 | $190,000 |
| 2009 | 1 | 1 | 0 | $263,000 |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 4 | 4 | 0 | $833,000 |
| 2006 | 5 | 5 | 0 | $995,000 |
| 2005 | 3 | 3 | 0 | $567,000 |
| 2004 | 2 | 2 | 0 | $228,000 |
| 2003 | 4 | 4 | 0 | $468,000 |
| 2002 | 2 | 2 | 0 | $343,000 |
Redmond's permit office didn't report to the Census in 2020, so the 2020 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,270
HUD's Fair Market Rent for a two-bedroom in Redmond is $1,270 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $880 · 4 bedrooms $1,810
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (84652; Sevier County, UT), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.