Guest, Sign inJoin

Post to Redmond

We’ll email a one-tap link to publish your post. No password, and nothing is public until you click it.
Already a member? Sign in
Redmond, Oregon, Business Hwy 97Photo: Doug Kerr · CC BY-SA 2.0
Housing in Redmond

706 homes sold in Redmond in the last year, at a typical $493K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Redmond homes are listed.

Homes sold
706
June 2025 to May 2026
Typical sale price
$493K
median, weighted by sales
Price per square foot
$308
Oregon $295
Paid vs. asking
98.9%
20% sold over asking
For sale now
190
May 2026 · 67 sold that month
What sold · last 12 months

Houses are 84% of Redmond’s sales, at a typical $507K

706 homes sold in the year to May 2026.

Houses$507K

typical sale · 593 sold in 12 months

Per square foot
$312OR $296
Days to sell
43
Sold over asking
20%
Listings with a price cut
34%
Fewer sales

Multi-family (2–4 units): 18 sold, typical $713K
Townhouses: 88 sold, typical $407K
Condos: 7 sold, typical $315K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at twice the 2016 price

706 sales in the last year, against 1,270 in 2021 and a low of 622 in 2013. The typical sale went from $247K in 2016 to $493K.

Homes soldTypical sale price
03256509751300$225K$350K$475K$600K2012: 644 sold, typical $124K’122013: 622 sold, typical $166K2014: 755 sold, typical $190K’142015: 881 sold, typical $218K2016: 961 sold, typical $247K’162017: 886 sold, typical $274K2018: 943 sold, typical $291K’182019: 971 sold, typical $313K2020: 1176 sold, typical $347K’202021: 1270 sold, typical $427K2022: 878 sold, typical $498K’222023: 660 sold, typical $480K2024: 813 sold, typical $507K’242025: 732 sold, typical $513KLast 12 months: 706 sold, typical $493KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $500K buys in Redmond

Houseat $312 a sq ft
The same money in Oregonat $296 a sq ft

Is this asking price fair?

Check a listing against what Redmond homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Redmond are rarer than before the pandemic, with about as many homes for sale

We read every month of Redmond’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 706 sales.

If you’re buying in Redmond

  • Shop in August. It brings about 104 new listings a month, close to the busiest month, with fewer bidding wars (32% over asking).
  • You can negotiate. 32% of listings have cut their price, against 25% before the pandemic.
  • Bid near asking. Buyers paid 98.9% of the list price on average; 20% paid over.
  • You’ll usually have time. Only 28% of homes go under contract within two weeks; the typical one takes 45 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 112 a month), but May is the most competitive: 39% of May sales close over asking. July and August offer nearly as much choice with fewer homes bid up (35%). December has the least competition (25%) but only about 51 new listings.

New listings a monthShare sold over asking
028.857.586.311513%27%40%Sweet spotJan: 65 new listings a month, 29% sold over asking, 50 days to sellJFeb: 77 new listings a month, 31% sold over asking, 61 days to sellFMar: 105 new listings a month, 35% sold over asking, 43 days to sellMApr: 103 new listings a month, 38% sold over asking, 32 days to sellAMay: 111 new listings a month, 39% sold over asking, 28 days to sellMJun: 112 new listings a month, 36% sold over asking, 27 days to sellJJul: 101 new listings a month, 35% sold over asking, 27 days to sellJAug: 104 new listings a month, 32% sold over asking, 30 days to sellASep: 84 new listings a month, 29% sold over asking, 32 days to sellSOct: 76 new listings a month, 26% sold over asking, 36 days to sellONov: 54 new listings a month, 28% sold over asking, 40 days to sellNDec: 51 new listings a month, 25% sold over asking, 49 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Oregon as a whole

Redmond now2017–192021 peakOR now
Sold over askingShare of sales that closed above the list price20%29%52%24%
Gone within two weeksShare of homes under contract within 14 days28%35%62%31%
Listings with a price cutShare of homes for sale that cut their price32%25%17%30%
Price paid vs. askingAverage sale price ÷ list price98.9%99.5%101.6%98.8%
Days to sellMedian days from listing to contract45381246
Supply

177 homes for sale on a typical day

That’s 1.4 times the 2021 low (123), about the 2017–19 level and well under 2014’s 325.

2012: 246 for sale’122013: 289 for sale2014: 325 for sale2015: 225 for sale’152016: 177 for sale2017: 191 for sale2018: 203 for sale’182019: 191 for sale2020: 171 for sale2021: 123 for sale’212022: 148 for sale2023: 172 for sale2024: 221 for sale’242025: 182 for saleLast 12 months: 177 for saleNow
Room to negotiate

1 in 3 listings has cut its price

32% in the last year, against 25% in 2017–19 and 30% across Oregon. More sellers are pricing high and coming down.

2015: 17%’152016: 23%2017: 26%2018: 25%’182019: 23%2020: 15%2021: 17%’212022: 30%2023: 24%2024: 26%’242025: 28%Last 12 months: 32%Now
Prices by type

Since 2019, houses are up 61%, condos 115%

A house typically sold for $507K in the last year (593 sales), a condo for $315K (7).

$150K$300K$450K$600K2013201520172019202120232025NowHouses 2013: $166K, 544 salesHouses 2014: $190K, 696 salesHouses 2015: $219K, 815 salesHouses 2016: $250K, 857 salesHouses 2017: $279K, 766 salesHouses 2018: $291K, 846 salesHouses 2019: $315K, 900 salesHouses 2020: $350K, 1079 salesHouses 2021: $437K, 1097 salesHouses 2022: $505K, 790 salesHouses 2023: $484K, 604 salesHouses 2024: $516K, 727 salesHouses 2025: $523K, 634 salesHouses last 12 months: $507K, 593 salesHouses $507KCondos 2015: $101K, 6 salesCondos 2016: $122K, 5 salesCondos 2019: $147K, 4 salesCondos 2020: $306K, 11 salesCondos 2021: $339K, 11 salesCondos 2022: $264K, 9 salesCondos 2023: $311K, 8 salesCondos 2025: $265K, 5 salesCondos last 12 months: $315K, 7 salesCondos $315K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Oregon

Redmond ranks 72nd of 109 busy Oregon markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Redmond is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Redmond home costs about $2,858 a month

Mortgage
Property tax
Insurance
Rent

Price: Redmond’s typical sale, last 12 months. Property tax at Redmond’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Redmond is affordable on local pay is on Cost of living.

Before you buy in Redmond

Six things worth knowing

112

New listings in June

The month with the most choice. December has the fewest, about 51.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $493K home, about $3,430 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Redmond, from test results, graduation and how much students grow.

Schools in Redmond
21 min

Typical commute

The average one-way trip to work for people who live in Redmond.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Prineville sells for less a square foot; Tetherow for far more

The busier markets within 25 miles of Redmond, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Bend1,993$706K$38116%52
Redmond706$493K$30820%45
Prineville214$418K$26516%66
Eagle Crest121$746K$3603%98
Sisters110$695K$37817%73
Tetherow40$1.7M$6245%98
Seventh Mountain28$570K$3587%98

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Redmond, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Redmond. People who follow the town see it, and so do people comparing Redmond with their own town. No commission, no listing fee.

Questions about buying a home in Redmond

What do homes sell for in Redmond, OR?

706 homes sold in the year to May 2026 at a typical $493K, $308 a square foot.

Is Redmond a buyer’s or seller’s market?

A seller’s market: 190 homes were for sale in May 2026 and 67 sold, about 2.8 months of supply. Buyers paid 98.9% of asking on average, and 32% of listings cut their price.

When is the best time to buy in Redmond?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Redmond?

About 0.7% of a home’s value a year. On a $493K home that’s near $3,430.

Where can I see homes for sale in Redmond?

Zillow, Redfin, Realtor.com and Homes.com all carry Redmond’s MLS listings; the search links above open each one filtered to Redmond.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).