Redmond, OR Foreclosures
How much do homes sell for in Redmond, OR?
The average home price is currently $598,629.
In Redmond, OR, how many homes are available?
There are currently 86 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 $27,174,232.
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 vibrant community that sits at the gateway to Central Oregon's outdoor paradise. With its beautiful high desert landscape, convenient amenities, and family-friendly atmosphere, it's an ideal place for both adventure seekers and those looking to enjoy a relaxed lifestyle. The city features a growing downtown area with local shops, restaurants, and parks, appealing to a wide range of residents.
Current Market Conditions in Redmond, OR
The real estate market in Redmond, OR is currently showing robust growth with a surge in home prices and sales activity. Over the past few years, as more people are discovering the outdoor lifestyle and the charm of this community, demand has outpaced supply. As a result, homes are selling quickly, often above asking price, making it a competitive market for buyers. Additionally, the interest from out-of-state buyers has further intensified this trend, creating a strong market for sellers.
Home Value Estimator For Redmond, OR
There are currently 17,980 real estate properties
in Redmond, OR,
with a median automated valuation model (AVM) price
of $502,323.00. 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 $598,629.00, with the most expensive house
in Redmond, OR, topping out
at $27,174,232.00 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.
Learn more on Foreclosure homes
