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Redmond, WA 98053 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Redmond, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.02
ActiveActive listings: 5050PendingPending sales: 11
Redmond, WA: 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): $1.27M$1.27MSoldMedian sold price (last 6 months): $1.38M$1.38M
What homes actually sell for in Redmond, WA
Distribution of 160 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $975k to $1.9M
$647k to $945k: 28 sales$647k$945k to $1.24M: 33 sales33sales$1.24M to $1.54M: 31 sales$1.24M$1.54M to $1.84M: 16 sales$1.84M to $2.13M: 17 sales$1.84M$2.13M to $2.43M: 9 sales$2.43M to $2.73M: 6 sales$2.43M$2.73M to $3.02M: 4 salesMedian $1.38M

What the numbers say

As of October 26, 2026, Resideline is tracking 50 active listings and 1 pending sales in ZIP code 98053. That pending-to-active ratio of 0.02 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $1,272,500, while the median of the 160 closed sales Resideline tracked over the last six months was $1,380,000. 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 98053 for 88 days.

Frequently asked questions

What is the median home price in 98053?

The median closed sale price in Redmond, WA 98053 was $1,380,000 over the last six months, based on 160 closed sales tracked by Resideline. The middle half of those sales ranged from $975,000 to $1,900,000.

Is 98053 a buyer's or seller's market?

Resideline is currently tracking 1 pending sales against 50 active listings in 98053, a pending-to-active ratio of 0.02. 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, 98053 currently looks like a balanced market.

Nearby ZIP code market data

Full Redmond, WA housing market report →

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