Housing · Redmond

Redmond, WA housing market

The typical Redmond home is worth about $1,316,000, down 3.9% in a year, 122% above the Washington typical home. Homes typically sell in 24 days, below asking.

Home values, sales, trends and how Redmond compares with the towns next door — updated as new data is published.

The market right now

Redmond at a glance

Typical home value
$1.32M
▼ 3.9% in a year · Zillow
Median sale price
$1.26M
May 2026 · Redfin
Days on market
24
Washington: 19 days
Sale-to-list
97.9%
Homes sell below asking
Homes sold
54
in May · 164 for sale
Market temperature

A seller's market

Buyer's marketBalancedSeller's market

Supply is tight — about 3 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.

Ten-year trend

Typical home value, 2016–2026

RedmondWashington
$300K$400K$500K$600K$700K$800K$900K$1M$1.1M$1.2M$1.3M$1.4M$1.5M 20182020202220242026 Redmond $1.32M Washington $592K
Show as a table
JanuaryRedmondWashington
2017$657,000$326,000
2018$773,000$362,000
2019$818,000$390,000
2020$820,000$413,000
2021$941,000$471,000
2022$1,212,000$554,000
2023$1,232,000$572,000
2024$1,262,000$582,000
2025$1,396,000$605,000
2026$1,378,000$601,000
August 2026$1,316,000$592,000
Nearby

Redmond and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
Redmond $1.32M −3.9% 24 $162,560
Union Hill-Novelty Hill — — 36 $185,369
Bellevue $1.42M −3.9% 15 $165,576
Kirkland $1.18M −5.2% 15 $150,414
Sammamish $1.52M −5.4% 8 $239,690
Cottage Lake — — 7 $213,106
Affordability

8.1 years of income

The typical Redmond home costs about 8.1 years of the town's median household income, more than across Washington (6 years).

How Redmond ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
43.2%
Washington: 63.8%
Median tax bill
$8,711
Washington: $4,556
Median rent
$2,409
Washington: $1,760
Typical home built
1993
Washington: 1985

U.S. Census Bureau, ACS 2020-2024.

On the market

Recent listings in Redmond

Listed in the past 60 days. Each opens on the listing site.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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Redmond

Washington · WA
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01