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All market snapshots / 97756

Redmond, OR 97756 Housing Market

Data snapshot: August 26, 2026. Closed-sale window: last 6 months.
Redmond, OR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.54
ActiveActive listings: 3535PendingPending sales: 5454
Redmond, OR: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $640k$640kSoldMedian sold price (last 6 months): $475k$475k
What homes actually sell for in Redmond, OR
Distribution of 537 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $410k to $618k
$250k to $340k: 36 sales$250k$340k to $431k: 121 sales$431k to $521k: 141 sales141sales$431k$521k to $611k: 77 sales$611k to $702k: 42 sales$611k$702k to $792k: 31 sales$792k to $882k: 21 sales$792k$882k to $972k: 15 salesMedian $475k

What the numbers say

As of August 26, 2026, Resideline is tracking 35 active listings and 54 pending sales in ZIP code 97756. That pending-to-active ratio of 1.54 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $639,900, while the median of the 537 closed sales Resideline tracked over the last six months was $475,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. The median active listing in 97756 has been on the market for 1 days.

Frequently asked questions

What is the median home price in 97756?

The median closed sale price in Redmond, OR 97756 was $475,000 over the last six months, based on 537 closed sales tracked by Resideline. The middle half of those sales ranged from $410,000 to $618,000.

Is 97756 a buyer's or seller's market?

Resideline is currently tracking 54 pending sales against 35 active listings in 97756, a pending-to-active ratio of 1.54. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 97756 currently looks like a seller's market.

Nearby ZIP code market data

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