Average Home Prices in Redmond Oregon Neighborhoods | Redmond Real Estate Guide
If you’re thinking about buying or selling a home in Redmond, Oregon, one of the first questions you probably have is:
“What do homes actually sell for here?”
I pulled closed sales data from the last 12 months in Redmond to help answer that question… not just with one big citywide number, but with realistic pricing ranges by area so you can better understand what’s happening on the ground.
This guide is designed to give newcomers, buyers, and sellers a clear picture of how pricing varies across Redmond and what that means for your next move.
A Quick Look at the Redmond Housing Market
Based on closed residential sales over the last 12 months in Redmond:
Typical sold price range: mid-$400s to mid-$600s
Median sold price: mid-$500s
Average sold price: low-$600s
Price per square foot: commonly in the low- to mid-$300s
Days on market: varies widely depending on condition, price point, and location
Homes under $500k remain competitive when priced correctly and in good condition, while higher-priced homes tend to take more time and require stronger presentation and pricing strategy.
Why Prices Vary by Area in Redmond
Redmond doesn’t have rigidly defined neighborhoods like larger cities, but locals generally talk about areas by direction or lifestyle. Pricing differences usually come down to:
Proximity to the canyon or trails
Lot size and privacy
New construction vs. established homes
Access to schools, parks, and amenities
Age and condition of the home
Below is how pricing generally breaks down across Redmond.
West & Southwest Redmond
This is one of the most sought-after areas in town, especially for buyers who want newer homes, quieter streets, and access to canyon trails.
What buyers can expect:
Many newer or recently built homes
Well-planned neighborhoods
Strong resale appeal
Typical price range:
Mid-$500s to low-$700s, with some higher-end homes above that depending on size, views, and finishes.
Homes here tend to hold value well and attract buyers relocating from larger metro areas.
Northwest & Canyon-Adjacent Areas
Canyon access is a major draw in Redmond, and homes near trail systems often command a premium.
What stands out:
Easy access to Dry Canyon
Scenic surroundings
A mix of established homes and newer builds
Typical price range:
Mid-$500s to mid-$600s, with variation based on lot size and updates.
These homes are popular with buyers who prioritize lifestyle and outdoor access.
Northeast Redmond
Northeast Redmond offers a mix of affordability and convenience, making it attractive to first-time buyers and investors.
What buyers like:
Established neighborhoods
Proximity to schools and shopping
Lower entry price points
Typical price range:
Mid-$400s to mid-$500s
Well-maintained homes in this area often sell quickly when priced correctly.
Southeast Redmond
Southeast Redmond has a wide variety of housing options, from smaller starter homes to larger properties with more land.
What you’ll find:
Mixed home ages and styles
More flexibility in pricing
Some rural-feeling pockets
Typical price range:
High-$400s to low-$600s
Buyers here often get more space for their money compared to the west side.
New Construction vs. Established Homes
New construction in Redmond generally comes at a premium, especially for energy efficiency, modern layouts, and warranties.
New construction: often upper-$500s and above
Established homes: broader range, often mid-$400s to mid-$600s
Buyers should weigh price against long-term maintenance and lifestyle preferences.
What Buyers Should Know Right Now
Homes under $500k are the most competitive
Well-priced, move-in-ready homes sell faster
Price per square foot matters, but condition matters more
Redmond remains significantly more affordable than Bend
Many buyers moving from Bend or out of state are surprised by how much more attainable homeownership feels here.
What Sellers Should Know Before Pricing
This market rewards strategic pricing, not wishful thinking.
Overpriced homes sit longer and often require reductions
Homes that are priced right from day one generate stronger interest
Presentation, cleanliness, and minor updates still matter
Sellers who understand how their home fits within their specific area and price bracket tend to have smoother transactions.
Is Redmond Still Affordable Compared to Bend?
In short: yes.
Redmond home prices are often $150k–$200k lower than comparable homes in Bend, while still offering access to Central Oregon’s outdoor lifestyle, schools, and amenities.
For many buyers, Redmond is the sweet spot.
Thinking About Buying or Selling in Redmond?
Pricing isn’t one-size-fits-all, and online estimates don’t tell the whole story.
If you want a clearer picture of what homes are selling for in your specific area — or what your home might be worth in today’s market — I’m happy to help.
Understanding the numbers is the first step. Making the right move comes next.
Work hard. Be kind. Welcome home.
