What’s Happening in the Redmond, Oregon Real Estate Market?

Diana Pullen Real Estate Broker in Redmond, Oregon in Central Oregon sitting at a wooden table in a cafe, looking at her phone, with a colorful floral mural on the wall behind her and a small potted plant on the table.
Straight talk on where things stand

Market Snapshot

Current numbers for

Redmond, Oregon

Updated 10/31/2026

Median List Price

Trend line: ↑ Up from $562,900 in early September

$583,000

Median Days on Market

↑ Homes for sale right now have been listed a median of 91 days, up from 63.

91

Inventory

Trend line: ↓ Down from 313 in early September

290

Sixty percent of active sellers have already reduced their price, and the median home for sale has been listed 91 days. The homes moving are the ones priced with the buyer’s monthly payment in mind. If your home is going on the market, price it where the activity is from day one. That is cheaper than starting high and coming down.

Sellers

You have more negotiating room than you did earlier this year, especially on homes that have been listed 60 days or more. Sixty percent of active sellers have already reduced their price. Prices are steady, not crashing, so a fair offer on a well-priced home still needs to move quickly.

Buyers