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All market snapshots / 97756

Redmond, OR 97756 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Redmond, OR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.04
ActiveActive listings: 197197PendingPending sales: 88
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): $525k$525kSoldMedian sold price (last 6 months): $475k$475k
What homes actually sell for in Redmond, OR
Distribution of 539 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $410k to $624k
$240k to $336k: 33 sales$240k$336k to $432k: 131 sales$432k to $529k: 143 sales143sales$432k$529k to $625k: 73 sales$625k to $721k: 45 sales$625k$721k to $818k: 32 sales$818k to $914k: 22 sales$818k$914k to $1.01M: 8 salesMedian $475k

What the numbers say

As of October 5, 2026, Resideline is tracking 197 active listings and 8 pending sales in ZIP code 97756. That pending-to-active ratio of 0.04 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $525,000, while the median of the 539 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. Resideline has been seeing the median active listing in 97756 for 80 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 539 closed sales tracked by Resideline. The middle half of those sales ranged from $409,900 to $624,000.

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

Resideline is currently tracking 8 pending sales against 197 active listings in 97756, a pending-to-active ratio of 0.04. 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 balanced market.

Nearby ZIP code market data

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