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Rent To Own Homes in Redmond, WA

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Redmond, WA Foreclosures

How much do homes sell for in Redmond, WA?
The average home price is currently $1,713,558.
In Redmond, WA, how many homes are available?
There are currently 13 active home listings available in Redmond.
What’s the average rental cost in Redmond, WA?
The average rental price in Redmond is $2,807.
What is the most expensive home in Redmond?
The most expensive home sold in Redmond had a price of $226,575,216.
What is currently the cheapest priced home in Redmond, WA?
The cheapest home for sale in Redmond is priced at $44,837.

Living in Redmond, WA

Redmond, WA, is a thriving city set against beautiful natural backdrops, known as the home of Microsoft and other tech giants. With excellent schools, parks, and recreational opportunities, it attracts diverse residents who appreciate both urban conveniences and outdoor adventures. The city's strong community spirit and robust amenities make it an ideal place to live for a variety of lifestyles.

Current Market Conditions in Redmond, WA

Redmond's real estate market remains competitive, with a steady demand for housing fueled by its proximity to tech hubs and a population that continues to grow. Home prices in the area have shown resilience, with slight increases noted in the past few months as inventory levels remain low. New developments are underway to accommodate the influx of residents, making it a sought-after location for both buyers and renters alike.

The rental market is also thriving, with many individuals and families looking to capitalize on the area's job growth. The steady growth in housing prices has prompted a mix of buying and renting, as some residents choose to rent while they wait for the right purchasing opportunity.

Home Value Estimator For Redmond, WA

There are currently 26,863 real estate properties in Redmond, WA, with a median automated valuation model (AVM) price of $1,476,751.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Redmond, WA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Redmond, WA, is $1,713,558.00, with the most expensive house in Redmond, WA, topping out at $226,575,216.00 and the cheapest home in Redmond, WA, clocking in at $44,837.00. In other words, there’s something for every potential homebuyer or savvy investor in Redmond, WA!

Rent Prices In Redmond, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Redmond, WA, is on a rollercoaster ride. The average rent price in Redmond, WA, is $2,807.00. Indeed, when looking to rent in Redmond, WA, you can expect to pay as little as $1,040.00 or as much as $6,560.00, with the average rent median estimated to be $2,790.00. The good news is that finding an affordable and desirable property to rent in Redmond, WA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Redmond, WA Rent To Own Homes

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