Redmond's October First-Time Homebuyer Report

Redmond is the fastest growing city in Oregon, at a 10-year growth rate of 63.4%. It currently ranks 19th in terms of population with 26,215 residents. Redmond is made up of homes that are considered of moderate age with a median of 15 years. The best school in the city is Sisters Middle School.


If you're looking to explore the community's favorite stores in Redmond, then check out Fred Meyer, Safeway, and Walgreens, Foursquare's most popular places to go shopping. A great outdoor attraction is Redmond Centennial Park. And finally, Redmond Movie Theater and Redmond Cinema are frequently visited spots for entertainment.

Price Range

Homes in Redmond are generally less expensive than others in the state with a median home value of $122,700 and an average list price of $333,244. The number of sellers who put their homes up for sale in the Redmond market over the last 30 days remained flat this week at two. Home sales also remained unchanged from the prior period and once again two homes were sold.

Out of all the listings in Redmond, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$339K   $349K   $299K  

Typical Dwelling

A three-bedroom detached home valued around $298,591 is considered a typical dwelling in Redmond. If a buyer was looking for a similar home, they would need good credit and a $59,718 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,385 and the property tax rate is $10.86 per $1,000 of taxable assessed value.

Get started right now by checking out Redmond homes for sale or reviewing Redmond real estate trends.

Data reported through 10/13/2016


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