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All market snapshots / 97756

Redmond, OR 97756 Housing Market

Data snapshot: September 7, 2026. Closed-sale window: last 6 months.
Redmond, OR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.88
ActiveActive listings: 3232PendingPending sales: 6060
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): $470k$470k
What homes actually sell for in Redmond, OR
Distribution of 540 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $410k to $625k
$250k to $342k: 33 sales$250k$342k to $434k: 132 sales$434k to $526k: 144 sales144sales$434k$526k to $618k: 63 sales$618k to $709k: 46 sales$618k$709k to $801k: 36 sales$801k to $893k: 22 sales$801k$893k to $985k: 10 salesMedian $470k

What the numbers say

As of September 7, 2026, Resideline is tracking 32 active listings and 60 pending sales in ZIP code 97756. That pending-to-active ratio of 1.88 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 540 closed sales Resideline tracked over the last six months was $470,000. 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 450 days.

Frequently asked questions

What is the median home price in 97756?

The median closed sale price in Redmond, OR 97756 was $470,000 over the last six months, based on 540 closed sales tracked by Resideline. The middle half of those sales ranged from $410,000 to $625,000.

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

Resideline is currently tracking 60 pending sales against 32 active listings in 97756, a pending-to-active ratio of 1.88. 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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