Affordable 3-Bedroom Homes in Redmond, Oregon: Where Comfort Meets Value
Where Comfort Meets Value
If you’ve been dreaming about life in Central Oregon but worry that home prices in Bend are out of reach, Redmond might be your best-kept secret.
With a median home price nearly $200K lower than Bend’s, Redmond offers the space, sunshine, and small-town charm buyers are craving — without the big-city price tag.
As of today, there are only four homes in Redmond listed under $400,000 — and they’re going fast. From cozy single-levels to low-maintenance townhomes, these properties show that affordable homeownership in Central Oregon is still possible… if you know where to look.
What You’ll Find in Redmond’s Affordable 3-Bedroom Market
🏠 Price Range:
Most affordable 3-bedroom homes in Redmond are currently priced between the high $300Ks and mid-$400Ks, depending on size, neighborhood, and updates.
🌳 Neighborhood Highlights:
SW Redmond: Newer construction near Ridgeview High with community parks and easy access to Hwy 97.
NW Redmond: Established neighborhoods with mature trees and walkable streets.
Eagle Crest Resort: Resort-style amenities — pools, trails, and golf — with lock-and-leave convenience.
💡 Local Tip:
Builders and local lenders often offer rate buy-downs or closing cost incentives that can make these homes even more affordable.
Why Buyers Choose Redmond
☀️ 300+ days of sunshine and four distinct seasons.
🏡 A slower pace and tight-knit community that still has big amenities — grocery stores, food truck parks, and local breweries.
🚗 Easy commutes to Bend, Sisters, or the Redmond Airport.
🎒 Strong schools and family-friendly parks, including the scenic Dry Canyon Trail System.
Market Snapshot — Homes Under $400K in Redmond, Oregon
As of this week, only four homes in Redmond are listed under $400,000 — and they’re moving quickly.
Here’s what the data tells us:
🛏️ Average Bedrooms/Bathrooms 2–3 beds, 2 baths
📐 Average Size 1,222 sq. ft.
💰 Average List Price $388,950
💵 Price Range $371,000 – $399,900
💲 Average Price per Sq. Ft. $322
⏱️ Average Days on Market 46 days
📉 Average Price Adjustment- 1.7% from original list price
What that means for buyers:
Even in a tight market, opportunity still exists for those looking under $400K — but inventory is limited, and well-priced homes tend to go pending within the first few weeks.
💡 Local Insight
Most homes at this price point are single-level floor plans between 1,100–1,400 sq. ft., often featuring open layouts, fenced yards, and modern finishes. You’ll find options in newer subdivisions on Redmond’s southwest side as well as established neighborhoods with mature trees and easy access to local amenities.
For comparison, the median home price in Redmond overall sits around $577,000 — making these listings a standout value for first-time buyers, downsizers, and investors alike.
📈 Diana’s Take
“Homes under $400K used to be the norm here in Redmond, but now they’re rare — and when something well-maintained and move-in ready hits the market, it doesn’t last long. The buyers who win in this price range are pre-approved, prepared, and ready to act quickly.”
Let’s Find the Right Fit
I preview nearly every new listing in Redmond as soon as it hits the market — and I can help you find the homes that fit your budget and lifestyle before everyone else does.
👉 Ready to start your home search?
Schedule a free buyer consultation at [SoldInCentralOregon.com/vibe-check or send me a message to see this week’s available homes under $400K.
