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Redmond, WA 98053 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Redmond, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.10
ActiveActive listings: 4949PendingPending sales: 55
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): $1.3M$1.3MSoldMedian sold price (last 6 months): $1.39M$1.39M
What homes actually sell for in Redmond, WA
Distribution of 162 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $950k to $1.87M
$572k to $869k: 23 sales$572k$869k to $1.17M: 32 sales32sales$1.17M to $1.46M: 25 sales$1.17M$1.46M to $1.76M: 28 sales$1.76M to $2.06M: 19 sales$1.76M$2.06M to $2.35M: 7 sales$2.35M to $2.65M: 4 sales$2.35M$2.65M to $2.94M: 7 salesMedian $1.39M

What the numbers say

As of October 5, 2026, Resideline is tracking 49 active listings and 5 pending sales in ZIP code 98053. That pending-to-active ratio of 0.10 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $1,295,000, while the median of the 162 closed sales Resideline tracked over the last six months was $1,388,000. 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 75 days.

Frequently asked questions

What is the median home price in 98053?

The median closed sale price in Redmond, WA 98053 was $1,388,000 over the last six months, based on 162 closed sales tracked by Resideline. The middle half of those sales ranged from $950,000 to $1,873,000.

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

Resideline is currently tracking 5 pending sales against 49 active listings in 98053, a pending-to-active ratio of 0.10. 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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