The Redmond housing market is very competitive. Homes in Redmond receive 3 offers on average and sell in around 15 days. The median sale price of a home in Redmond was $1.3M last month, up 40.8% since last year. The median sale price per square foot in Redmond is $612, down 6.1% since last year.
In October 2024, Redmond home prices were up 40.8% compared to last year, selling for a median price of $1.3M. On average, homes in Redmond sell after 15 days on the market compared to 7 days last year. There were 102 homes sold in October this year, up from 53 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,302,495
+40.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Redmond, WA
$1,302,495
+40.8%
United States
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How hot is the Redmond housing market?
Redmond is very competitive. Homes sell in 13 days.
0
100
84
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 13 days.
Hot homes
can sell for about 4% above list price and go pending in around 5 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Redmond
Explore recent offers and recently sold homes in Redmond
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Redmond housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Redmond.
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Redmond has a minor risk of flooding. 590 properties in Redmond are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Redmond. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Redmond has a moderate risk of wildfire. There are 200 properties in Redmond that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Redmond.