Redmond, OR Home Values & Market Trends

Real estate market trends reflect that there have been 859 transactions over the past year in Redmond. The median value for residential home transactions that occurred over the previous year is $509,677.29. The number of current listings in Redmond is 261, and the percentage of properties for sale in the city is 261.00%. Redmond, OR currently has 5 properties in foreclosure, 1 bank owned properties, 4 properties headed for auction, and 261 properties for sale.

Redmond, OR Real Estate Market Overview

ZipMedian Est. Value
97756

$ 564,950

$ 311/sqft

Housing Market Summary for Redmond, OR

Apr 2023March 2024Change
Median Listing Price$539.9K$521.9K-3.33%
Median Sold Price$500K$521.9K4.38%
Homes For Sale18522018.92%
Homes Sold527468-11.20%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Redmond, OR

Redmond home values range from $22,058 to $3,596,892. The median estimated value of a home in Redmond is $509,677.29. The median list price of a home is 585,000, and the total count of properties in the city is 16,063.

Foreclosure
There is 1 zips within Redmond, OR; within this zips, the median estimated home value for homes in foreclosure ranges from $814,000 in 97756 to the lowest value of $237,807 in 97756. Foreclosure homes account for 0.00% of properties in Redmond, OR with 97756 containing 5 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Redmond, OR with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Redmond, OR; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Redmond, OR ranges from the highest value of $237,807 in 97756 to the lowest value of $237,807 in 97756. Bank owned homes and properties account for 0.01% of properties in Redmond, OR. There is 1 zips within Redmond, OR; 97756 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    97756 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Redmond, OR. Auction homes and other auction properties account for 0.02% of all properties in Redmond, OR. There is 1 zips within Redmond, OR; of that zips, the median estimated home value for homes going to auction ranges from $814,000 in 97756 to the lowest value of $363,342 in 97756.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.62% of residential properties in Redmond, OR with 97756 containing 261 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Redmond, OR; homes for sale in that zips, have a range of median values from $1,900,000 in 97756 to the lowest value of $237,807 in 97756.
    Sold Homes
    The median value for recently sold homes ranges from $3,211,975 in 97756 to the lowest price of $30,551 in 97756. There is 1 zips within Redmond, OR. 97756 has 498 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.10% of properties in Redmond, OR.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Redmond, OR
      $
      $

      Guide for Redmond, OR

      Home Buying Guides & Tips
      Oregon Foreclosure Laws
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      See More Articles
      Oregon Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Oregon Foreclosure Laws

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.