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All market snapshots / 97756

Redmond, OR 97756 Housing Market

Data snapshot: August 3, 2026. Closed-sale window: last 6 months.
Redmond, OR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.38
ActiveActive listings: 3737PendingPending sales: 5151
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): $480k$480k
What homes actually sell for in Redmond, OR
Distribution of 522 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $415k to $622k
$265k to $353k: 39 sales$265k$353k to $442k: 118 sales$442k to $530k: 144 sales144sales$442k$530k to $619k: 62 sales$619k to $707k: 40 sales$619k$707k to $796k: 30 sales$796k to $884k: 22 sales$796k$884k to $972k: 14 salesMedian $480k

What the numbers say

As of August 3, 2026, Resideline is tracking 37 active listings and 51 pending sales in ZIP code 97756. That pending-to-active ratio of 1.38 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 522 closed sales Resideline tracked over the last six months was $480,000. 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 $480,000 over the last six months, based on 522 closed sales tracked by Resideline. The middle half of those sales ranged from $415,000 to $622,500.

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

Resideline is currently tracking 51 pending sales against 37 active listings in 97756, a pending-to-active ratio of 1.38. 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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