Redmond WA Real Estate Market
Redmond Housing Market Report
Redmond's market is anchored by Microsoft's global headquarters — the single largest employer on the Eastside — and reinforced by Lake Washington School District access, a downtown undergoing significant revitalization, and a new construction pipeline that gives buyers options unavailable in most Eastside cities.
Page author
Adriano Tori
Founder & Designated Broker — RexMont Real Estate · WA Lic. #27660
Adriano leads RexMont Real Estate — the most-reviewed real estate brokerage in Seattle and the Eastside. 1,200+ closed transactions, $1B+ in production, and 1,242 five-star Google reviews.
As of October 2026, the median listing price in Redmond is $1.1M ($580 per square foot), and homes are averaging 41 days on market.
Stats updated October 2026· refreshed monthly and reviewed by RexMont's brokerage team.
By property type
The headline figures above blend every active residential listing in Redmond. Single-family, condo, and townhouse markets move differently, so the breakdown below is what to quote when comparing one property type across cities.
| Property type | Median list price | Price / sq ft | Days on market | Active listings |
|---|---|---|---|---|
| Single-family | $1.69M | $646 | 28 | 179 |
| Condo | $475K | $469 | 63 | 105 |
| Townhouse | $785K | $546 | 55 | 61 |
Active listings is the sample size behind each row. Same source and refresh date as the headline figures.
Methodology & data sources
Market statistics on this page — median listing price, price per square foot, and days on market — are computed from active residential listings in Redmond, WA, sourced from RentCast, a licensed real-estate data provider aggregating MLS records and county public records. Figures refresh the first week of every month (current data: October 2026) and are reviewed by RexMont Real Estate's brokerage team (WA firm license #21220). Individual property listings shown on this page come from the live NWMLS feed. Historical figures are not restated after publication.
Journalists: monthly figures for 47 Puget Sound cities are available on a citable, dated page for each market. For custom cuts, methodology questions, or to receive the monthly refresh, contact adriano@rexmont.com. Please attribute "RexMont Real Estate market report" with a link to this page.
Thinking of selling in Redmond?
Is it a good time to sell in Redmond? The numbers above are the market. Your number is your home.
RexMont builds a Redmond comparable analysis from closed sales in your neighborhood, not the citywide median, and shows the net after commission, Washington excise tax and closing costs before you decide anything. 1,242 Google five-star reviews; an agent calls back within minutes.
Market context
What's shaping the Redmond market.
Microsoft's Redmond campus is the Eastside's anchor employer, and the demand it creates for LWSD-zoned homes in the $900K–$1.5M range is structural. Microsoft employees — engineers, program managers, and executives — drive consistent volume in Overlake, Education Hill, and the neighborhoods bordering the campus. This buyer pool is sophisticated, pre-approved, and moves quickly.
Redmond's downtown revitalization has changed the city's character meaningfully over the past decade. New mixed-use development, improved transit, and a growing restaurant and retail scene have made downtown Redmond a genuine destination for buyers who want walkability without Kirkland pricing. The Link Light Rail extension to Redmond Technology Station added another layer of transit-oriented demand.
Education Hill is Redmond's most desirable established neighborhood — quiet streets, strong LWSD elementary access, and larger lots than most Eastside cities at comparable price points. Overlake offers newer construction and proximity to Microsoft at prices that reflect the convenience premium.
New construction availability is one of Redmond's advantages over Kirkland and Bellevue. Buyers who want a warranty, modern floor plans, and energy-efficient systems find more options in Redmond — though these homes carry a new-construction premium and require careful comparisons against well-updated resales.
Coverage
Service area at a glance
RexMont represents buyers and sellers across these Seattle and Eastside markets. Click any city for the full local guide.
Bellevue, WA
ZIPs: 98004 · 98005 · 98006 · 98007 · 98008
Schools: Bellevue SD
Medina, WA
ZIP: 98039
Schools: Bellevue SD
Clyde Hill, WA
ZIP: 98004
Schools: Bellevue SD
Mercer Island, WA
ZIP: 98040
Schools: Mercer Island SD
Kirkland, WA
ZIPs: 98033 · 98034
Schools: Lake Washington SD
Redmond, WA
ZIPs: 98052 · 98053
Schools: Lake Washington SD
Sammamish, WA
ZIPs: 98074 · 98075
Schools: Lake Washington / Issaquah SD
Issaquah, WA
ZIPs: 98027 · 98029
Schools: Issaquah SD
Newcastle, WA
ZIPs: 98056 · 98059
Schools: Renton SD
Woodinville, WA
ZIPs: 98072 · 98077
Schools: Northshore SD
Kenmore, WA
ZIP: 98028
Schools: Northshore SD
Seattle, WA
ZIPs: 98101 · 98109 · 98112 · 98115 · 98118
Schools: Seattle Public Schools
Buying in Redmond
Redmond buyers face consistent competition for LWSD-zoned homes near the Microsoft campus and Education Hill. Pre-approval, a clear understanding of new construction vs. resale trade-offs, and fast offer execution are what win. RexMont's buyer agents know how Microsoft relocation buyers, local move-ups, and first-time buyers compete differently in this market.
Talk to a Redmond buyer agentSelling in Redmond
Redmond sellers who accurately position their home for Microsoft buyer demand — proximity to campus, school zone, commute convenience — net more than those using generic Eastside pricing. RexMont prices at the neighborhood level and prepares listings to compete against new construction when it's present in your price tier.
What is my Redmond home worth?Live NWMLS data
Active homes for sale in Redmond
The latest active NWMLS listings in Redmond, refreshed hourly.
Related markets
Compare Redmond to nearby Eastside markets.
Kirkland Market
LWSD school access with waterfront amenities — Kirkland's market for buyers comparing it to Redmond.
Bellevue Market
Bellevue School District and the Eastside's highest-priced market for buyers with more budget.
Sammamish Market
Newer planned neighborhoods and top school access — a common alternative for buyers looking east of Redmond.
Redmond Homes for Sale
Browse current Redmond listings — new construction, Education Hill, and Overlake neighborhoods.
Eastside Overview
The full Eastside market overview across all major communities.
Work With a Redmond Real Estate Agent
Microsoft-corridor timing, Education Hill to Redmond Ridge pricing, and offer strategy from RexMont's Redmond team.
Representation in Redmond
Pricing, offers and negotiation from a Redmond real estate agent, or buyer-side representation from a Redmond buyer's agent.
Selling here? The plan to sell my house in Redmond starts with your Redmond home value.
Browse Redmond by home type
- Redmond condos for sale →Live condo inventory, community pages, HOA and resale-certificate guidance.
- Redmond townhomes →Attached homes with a private entry and garage.
- Redmond new construction homes →Homes built this year or last, from the NWMLS feed.
- Redmond luxury homes →The upper end of the Redmond market.
Selling 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.
- Redmond home value
What your house is worth now, from neighborhood comps.
- 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.
FAQ
Questions buyers and sellers ask first.
What is the median home price in Redmond WA?
Redmond median home prices typically range from $950K to $1.4M depending on the neighborhood and quarter. Newer construction in Overlake and Education Hill trades at $1.1M–$1.8M, while older inventory near downtown Redmond offers more moderate entry points.
Which school district serves Redmond homes?
Most of Redmond is served by Lake Washington School District, one of Washington's top-ranked public systems. Some western Redmond areas near the Bellevue border may fall in Bellevue School District. School assignment should always be verified by specific address.
Is Redmond's real estate market still growing?
Yes. Redmond's downtown revitalization, Microsoft's campus expansion, and continued tech employer clustering have sustained long-term demand. The city has added more new construction than most Eastside cities, giving buyers options that Kirkland and Bellevue can't match.
How does Redmond compare to Kirkland for buyers?
Redmond often offers more inventory and slightly more moderate pricing than Kirkland, with equivalent LWSD school access. Kirkland has stronger waterfront access and a more established downtown; Redmond has newer construction and stronger proximity to Microsoft. Many buyers compare both before deciding.
How does RexMont help Redmond buyers and sellers?
RexMont agents know Redmond's neighborhoods from Education Hill and Overlake to the revitalized downtown corridor. We help buyers identify school zones, compare new construction to resale, and structure competitive offers. For sellers, we price to capture full Microsoft-buyer demand.
Redmond's market moves on precision.
Microsoft buyers are experienced and well-advised. Competing with them — or representing sellers who attract them — requires agents who know this market's specific dynamics. RexMont brings 1,242 Google 5-star reviews and deep Redmond transaction history.
Talk to a Redmond real estate expert
