Redmond City Park · Photo: Joe Mabel · CC BY-SA 3.0659 homes sold in Redmond in the last year, at a typical $1.3M
Houses and condos split the market almost evenly. 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.
Every place Redmond homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Redmond.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
A quarter of Redmond’s sales are condos, at $974K less than a house
383 houses and 149 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 383 sold in 12 months
- Per square foot
- $699WA $348
- Days to sell
- 24
- Sold over asking
- 22%
- Listings with a price cut
- 41%
typical sale · 149 sold in 12 months
- Per square foot
- $570WA $433
- Days to sell
- 38
- Sold over asking
- 11%
- Listings with a price cut
- 32%
Townhouses: 127 sold, typical $907K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at twice the 2016 price
659 sales in the last year, against 1,158 in 2015 and a low of 559 in 2023. The typical sale went from $643K in 2016 to $1.3M.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $1.4M buys in Redmond
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.
Bidding wars in Redmond are rarer than before the pandemic, and more homes are 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, 659 sales.
If you’re buying in Redmond
- Shop in August. It brings about 95 new listings a month, close to the busiest month, with fewer bidding wars (44% over asking).
- You can negotiate. 35% of listings have cut their price, against 29% before the pandemic.
- Bid near asking. Buyers paid 98.8% of the list price on average; 18% paid over.
- You’ll usually have time. Only 43% of homes go under contract within two weeks; the typical one takes 30 days.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 119 a month), but April is the most competitive: 62% of April sales close over asking. August offers nearly as much choice with fewer homes bid up (44%). December has the least competition (34%) but only about 26 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Washington
| Redmond now | 2017–19 | 2021 peak | WA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 18% | 50% | 70% | 27% |
| Gone within two weeksShare of homes under contract within 14 days | 43% | 66% | 84% | 39% |
| Listings with a price cutShare of homes for sale that cut their price | 35% | 29% | 33% | 30% |
| Price paid vs. askingAverage sale price ÷ list price | 98.8% | 103.1% | 108.9% | 99.2% |
| Days to sellMedian days from listing to contract | 30 | 11 | 5 | 33 |
131 homes for sale on a typical day
That’s 4.3 times the 2021 low (30) and 46% more than in 2017–19.
1 in 3 listings has cut its price
35% in the last year, against 29% in 2017–19 and 30% across Washington. More sellers are pricing high and coming down.
Since 2019, houses are up 66%, condos 74%
A house typically sold for $1.7M in the last year (383 sales), a condo for $683K (149).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Redmond ranks 169th of 189 busy Washington markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Redmond is one of the state’s calmer markets.
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.
Owning the typical Redmond home costs about $7,778 a month
Price: Redmond’s typical sale, last 12 months. Property tax at Redmond’s 0.8% (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.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 26.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $1.3M home, about $9,940 a year.
Taxes vs. neighborsSchools
The schools grade for Redmond, from test results, graduation and how much students grow.
Schools in RedmondCheck 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 hazardsLook 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.
Union Hill-Novelty Hill, Cottage Lake and Woodinville sell for less a square foot; Clyde Hill 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.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Bellevue | 1,533 | $1.5M | $698 | 18% | 20 |
| Kirkland | 1,346 | $1.3M | $680 | 16% | 28 |
| Redmond | 659 | $1.3M | $647 | 18% | 30 |
| Cottage Lake | 283 | $1.5M | $571 | 18% | 24 |
| Union Hill-Novelty Hill | 268 | $1.5M | $601 | 20% | 26 |
| Woodinville | 199 | $1.2M | $583 | 19% | 34 |
| Clyde Hill | 31 | $4.7M | $1,083 | 19% | 47 |
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.
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, WA?
659 homes sold in the year to May 2026 at a typical $1.3M, $647 a square foot. Houses sold for about $1.7M, condos for about $683K.
Is Redmond a buyer’s or seller’s market?
A seller’s market: 164 homes were for sale in May 2026 and 54 sold, about 3 months of supply. Buyers paid 98.8% of asking on average, and 35% of listings cut their price.
When is the best time to buy in Redmond?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Redmond?
About 0.8% of a home’s value a year. On a $1.3M home that’s near $9,940.
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).