The Redmond housing market is most competitive. Homes in Redmond receive 5 offers on average and sell in around 5 days. The median sale price of a home in Redmond was $1.4M last month, up 41.0% since last year. The median sale price per square foot in Redmond is $696, up 30.6% since last year.
In March 2024, Redmond home prices were up 41.0% compared to last year, selling for a median price of $1.4M. On average, homes in Redmond sell after 5 days on the market compared to 14 days last year. There were 59 homes sold in March this year, up from 43 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,403,000
+41.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Redmond, WA
$1,403,000
+41.0%
United States
To compare other locations to the Redmond and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Redmond add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Redmond housing market?
Redmond is most competitive. Homes sell in 4 days.
0
100
97
Most 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
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 4% above list price and go pending in around 4 days.
Hot homes
can sell for about 10% above list price and go pending in around 2 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
Recent offers
Offer Not Accepted|
11 Weeks Ago
~$1.5M Offer
Sold for $1.75M
4bd | 2.25ba | ~2,250sqft
Over List Price
0%
Days on Market
5
Competing Offers
25
Down Payment
~20%
Renee Rossi
Redmond Redfin Agent
25 offers. Winning offer waived all contingencies. Price escalated to $1.750
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Benjamin Rush Elementary School
Public • K-5
670
Students
13 reviews
9/10
John J. Audubon Elementary School
Public • K-5
602
Students
6 reviews
8/10
Norman Rockwell Elementary School
Public • K-5
568
Students
16 reviews
8/10
Albert Einstein Elementary School
Public • K-5
394
Students
18 reviews
8/10
Redmond Elementary School
Public • K-5
604
Students
16 reviews
Only showing 5 of
10 elementary schools.
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.
Risk Factor
Flood Factor - Moderate
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Redmond has a moderate risk of flooding. 601 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.
10% of properties are at risk of wildfire over the next 30 years
Fire Factor
Redmond has a minor risk of wildfire. There are 1,474 properties in Redmond that have some risk of being affected by wildfire over the next 30 years. This represents 10% of all properties in Redmond.