Redmond Home value
What is my Redmond home worth right now?
The median asking price in Redmond is $1.1M (Stats updated October 2026) and Washington excise tax on a sale at that price is $18,635. Get an agent-prepared value read before you list, remodel, rent, refinance, or respond to a private offer in Redmond.
Selling in Redmond — the numbers
Updated
What a Redmond sale costs in Washington
Washington’s excise tax is graduated by price tier and paid by the seller at closing; the table shows the schedule a Redmond sale falls under.
Washington REET tiers for a Redmond sale
| Portion of sale price | State REET |
|---|---|
| Up to $525,000 | 1.10% |
| $525,001 to $1,525,000 | 1.28% |
| $1,525,001 to $3,025,000 | 2.75% |
| Above $3,025,000 | 3.00% |
| King County local REET — on the full price | 0.50% |
Each rate applies only to the slice of the price inside its tier; the seller pays at closing. Breakpoints move to $551,000, $1,551,000 and $3,051,000 for closings on or after January 1, 2027; rates unchanged.
State schedule (2023–2026 schedule) per the Washington Department of Revenue, verified October 2026. Local rate per DOR’s local REET rate table, rates effective May 2026.
Worked example at the Redmond median
- Sale price (city median, rounded)
- $1,100,000
- Commission (5% total)
- −$55,000
- Washington REET (state + local)$13,135 state (2023–2026 schedule) + $5,500 local
- −$18,635
- Title and escrow
- −$2,400
- Pre-listing prep
- −$15,000
- Mortgage payoff (example: 35% of price)
- −$385,000
- Estimated net proceeds
- $623,965
Selling costs of $91,035 (8.3% of price), computed with the same function as the calculator below, on the 2023–2026 schedule. An estimate for planning, not a quote; your payoff, prep and title fees replace the example values.
Open the Redmond net-proceeds calculatorFigures reviewed by Adriano Tori, Designated Broker and Owner, RexMont Real Estate · WA Lic. #27660 · market figures updated , REET schedule per the Washington Department of Revenue.
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Local strategy
Redmond decisions depend on the street, not only the city.
A stronger Redmond value read compares your home against the listings buyers actually selected, the pending homes setting today's ceiling, and the prep work most likely to improve final net.
- Recent comparable sales, pending pressure, and competing inventory
- Condition, prep upside, lot utility, remodel quality, and buyer-pool demand
- Likely price range, risk points, and estimated net proceeds
Redmond city hub
Start with Redmond, then narrow to the right neighborhood.
Use the city hub for the broader market, then compare the most active neighborhoods by property type, condition, commute, schools, lifestyle, and resale depth.
Open Redmond hub →Downtown Redmond
Redmond's urban core, with modern condos and apartments near the Bear Creek Trail, light rail, and diverse retail centers.
View Downtown Redmond homes →Education Hill
Popular residential area known for schools, parks, elevated valley views, and established suburban home styles.
View Education Hill homes →Overlake
The Eastside tech hub, with high-density housing, international dining, Microsoft access, and proximity to the Bellevue border.
View Overlake homes →Grass Lawn
Adjacent to Microsoft and Grass Lawn Park, this neighborhood is sought after for commute convenience and active recreation.
View Grass Lawn homes →Idylwood
Lake Sammamish-area community near Idylwood Park, with beach access, boat launches, waterfront homes, and hillside streets.
View Idylwood homes →Bear Creek
East Redmond with newer developments and forested settings.
View Bear Creek homes →
Active homes for sale in Redmond
The latest active NWMLS listings in Redmond, refreshed hourly.
Active2 days active · 2 cumulative$1,278,900
MLS# 259575012255 138th Place NE #1703
Redmond, WA 98052
4 bd3 ba2,188 sqftListing courtesy of Tri Pointe Homes Real Estate
Active3 days active · 3 cumulative$879,000
MLS# 259372712344 232 Way NE
Redmond, WA 98053
2 bd1.75 ba1,350 sqftListing courtesy of Windermere Real Estate/East
Active136 days active · 136 cumulative$3,698,000
MLS# 259371613244 Woodinville-Redmond Road NE
Redmond, WA 98052
4 bd3.25 ba3,306 sqftListing courtesy of Real Broker LLC
Active3 days active · 3 cumulative$450,000
MLS# 25946859446 Redmond Woodinville Road NE #D223
Redmond, WA 98052
2 bd2.5 ba1,278 sqftListing courtesy of Windermere Real Estate/East
Active3 days active · 3 cumulative$375,000
MLS# 25929966479 NE 137th Avenue NE #366
Redmond, WA 98052
2 bd2 ba1,143 sqftListing courtesy of COMPASS
Active3 days active · 3 cumulative$1,799,000
MLS# 259133415317 NE 108th Place
Redmond, WA 98052
4 bd2.5 ba2,650 sqftListing courtesy of RexMont Real Estate
Based on information submitted to the MLS GRID as of October 19, 2026 at 1:56 PM PT (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some IDX listings have been excluded from this website.
© 2026 Northwest Multiple Listing Service. All rights reserved. Listing information deemed reliable but not guaranteed.
Copyright concernsSelling a home in Redmond
Sell my house Redmond: value, cost, commission, speed.
Every Redmond seller question RexMont gets, answered on its own page with current numbers and a net-proceeds calculator.
- Sell my house Redmond
Pricing, prep, launch and negotiation for a Redmond sale.
- Cost to sell a house in Redmond
Commission, Washington REET, title and escrow, with the calculator.
- Redmond real estate commission
What sellers pay in 2026 and what each point buys.
- Sell my house fast Redmond
A cash offer Redmond sellers can compare against a quick-launch listing, in dollars.
- Listing agent Redmond
How to choose one, and the questions that separate them.
- Sell my condo Redmond
Building-level pricing, HOA documents and financing risk.
- Redmond property management
Renting it out instead? 8%–10% management, one month's rent placement, six written guarantees.
Redmond neighborhoods →Homes for sale in Redmond →Redmond housing market →
Buying a home in Redmond
Redmond real estate agent and buyers agent.
The pages RexMont Redmond buyers use to choose an agent, set a search and write an offer.
- Redmond real estate agent
Who RexMont is in Redmond, how the agent is chosen and what a buyer gets.
- Buyers agent Redmond
Search, offer strategy, inspection and closing, with the compensation terms stated up front.
- Redmond luxury homes for sale
Current high-end listings and what the price tier buys.
- New construction homes Redmond WA
Builder contracts, incentives and inspection on new homes.
- First time home buyer Redmond
WSHFC and ARCH down-payment programs, today's rate and live entry-priced homes.
FAQ
Redmond seller questions
How much is excise tax (REET) when selling a home in Redmond?
Washington's state REET is graduated: 1.1% on the first $525,000, 1.28% from there to $1,525,000, 2.75% up to $3,025,000, and 3% above that. King County local REET adds 0.5% of the full price. At Redmond's median asking price of $1.1M (Stats updated October 2026), the combined state and local REET is $18,635. The breakpoints step up to $551,000, $1,551,000 and $3,051,000 for sales closing on or after January 1, 2027; the rates do not change.
Who pays real estate excise tax in Washington, and when?
The seller. Escrow calculates the tax on the full selling price and pays it to the county at closing, so it comes out of your proceeds rather than being billed later. A lower sale price lowers the tax; the rate applies tier by tier, not to the whole price at the top rate.
Is the listing commission negotiable in Redmond?
Yes. Washington has no set commission rate; the listing fee is agreed in your listing agreement, and any compensation offered to a buyer's broker is negotiated separately. RexMont shows the full fee structure in writing before you sign, with the net-proceeds effect of each option.
What does it cost to sell a house in Redmond?
Five lines decide the number: commission, Washington REET, title and escrow, pre-listing prep, and your mortgage payoff. The net-proceeds calculator on RexMont's Redmond cost-to-sell page works them line by line from your price, starting with 5% total commission, $2,400 title and escrow and $15,000 prep, all adjustable.
When do Washington's REET thresholds change next?
On January 1, 2027. The state re-indexes the thresholds every four years under RCW 82.45.060; the rates stay at 1.1%, 1.28%, 2.75% and 3% while the dollar breakpoints move up. A closing date on either side of the change can shift the tax on a mid-tier sale, which is why the calculator asks for an expected closing date.
Request a value read
Send the address and your timing.
Include the Redmond address, rough timeline, and whether you are deciding to sell, remodel, rent, refinance, or evaluate a private offer.