Redmond, OR Housing Market 2026: What Homes Actually Sell For

Redmond closes a lot of homes into a narrow band, which makes its median unusually informative: sales over the last six months land close together, so the citywide number is a real anchor rather than an average of extremes.

The snapshot

• •Closings tracked, last 6 months: 409
• •Median sold price, last 6 months: $453,390
• •Median sold $/sqft, last 6 months: $306
• •Middle half of sales closed between: $403,500 and $540,000

What the numbers say

Resideline tracked 409 closed sales in Redmond over the last six months, with a median closing price of $453,390. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $403,500 and $540,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. Across the 407 closings with usable living area, the middle half sold between $261 and $341 per square foot.

Figures last updated August 22, 2026 from closings Resideline tracked.

Median home price in Redmond, OR (August 2026)

The median home price in Redmond is $453,390, measured across the 409 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $403,500 and $540,000.

Where Redmond sale prices land

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Redmond over the last six months, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $403,500 and $540,000. Where your target property sits inside that spread matters more than the citywide median.

How long a sale takes here

• •Listed to under contract: a median of 25 days, across 321 Redmond closings Resideline tracked in the last six months
• •Contract to closing: a median of 31 days, across 322 Redmond closings Resideline tracked in the last six months

The Redmond angle

Redmond looks orderly at the median and less so above it. Across 409 closings Resideline tracked over the last six months, the median closed sale price was $453,390, and the middle half of sales closed between $403,500 and $540,000, a tighter spread than most markets we track. The lower half of that band is compact, which makes the median a reliable anchor for ordinary and below-ordinary properties. The stretch from the median up to the upper quartile is noticeably longer, so the same anchor gets weaker as a subject gets better. Price modest properties off the citywide middle with confidence, and switch to matched comps as soon as the subject reads as above average.

Redmond market data by ZIP code

Citywide medians hide block-by-block variation. Resideline publishes free, regularly refreshed market snapshots for Redmond ZIP codes: 97756.

From market read to offer price

A tight market makes the next step easier: the citywide anchor sits close to most homes, and a report only has to explain the gap. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. As of August 2026, the public scoreboard showed 3.26% median error across 12,516+ graded closings. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Redmond address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

Source: Resideline Market Watch
Market: Redmond, OR
Data updated: August 2026
Analysis period: last six months
Tracked closings: 409
Median sold price: $453,390
Median sold $/sqft: $306 (407 qualifying)
https://resideline.com/blog/redmond-or-housing-market

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in Redmond over the last six months, and is refreshed when the data is.