Redmond, OR Foreclosures
How much do homes sell for in Redmond, OR?
The average home price is currently $596,333.
In Redmond, OR, how many homes are available?
There are currently 79 active home listings available in Redmond.
What’s the average rental cost in Redmond, OR?
The average rental price in Redmond is $1,348.
What is the most expensive home in Redmond?
The most expensive home sold in Redmond had a price of $26,738,461.
What is currently the cheapest priced home in Redmond, OR?
The cheapest home for sale in Redmond is priced at $21,541.
Living in Redmond, OR
Redmond, Oregon is a growing city known for its outdoor recreational opportunities and vibrant community. With easy access to stunning landscapes, parks, and local amenities, residents enjoy a high quality of life. The city's commitment to education and community engagement makes it an attractive place for families and individuals alike.
Current Market Conditions in Redmond, OR
The real estate market in Redmond is currently experiencing a surge in demand, driven by increased population and migration to Central Oregon. Home prices have risen consistently, reflecting the desirability of the area for those seeking a mix of urban and outdoor living. The availability of housing options ranges from single-family homes to townhouses, catering to diverse buyer needs.
Investors are particularly interested in Redmond due to its growing job market and proximity to recreational activities. As more people seek to relocate to this scenic area, the competition in the housing market is intensifying, contributing to rising values and a tightening inventory level.
As of recent reports, properties tend to sell quickly, with many listings receiving multiple offers. The average home price has seen a substantial increase over the past year, positioning Redmond as a hot market for both buyers and sellers alike.
Home Value Estimator For Redmond, OR
There are currently 18,768 real estate properties
in Redmond, OR,
with a median automated valuation model (AVM) price
of $501,550.00. 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, OR, 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, OR,
is $596,333.00, with the most expensive house
in Redmond, OR, topping out
at $26,738,461.00 and the cheapest home
in Redmond, OR,
clocking in at $21,541.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Redmond, OR!
Rent Prices
In Redmond, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Redmond, OR, is on
a rollercoaster ride. The
average rent price in Redmond, OR,
is $1,348.00. Indeed, when looking to rent in
Redmond, OR, you can expect to pay as little
as $550.00 or as much
as $3,360.00,
with the average rent median estimated to
be $1,300.00. The good news is that finding
an affordable and desirable property to rent in Redmond, OR
-- 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.
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