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Bankruptcy Homes in Redmond, OR

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Sw-salmon-ave-Redmond-OR-97756
Bankruptcy
$309,918 EMV

Sw Salmon Ave
Redmond, OR 97756

3 Bed | 2 Bath | 1,120 Sq. Ft.

Sw-32nd-ct-Redmond-OR-97756
Bankruptcy
$300,511 EMV

Sw 32nd Ct
Redmond, OR 97756

3 Bed | 1 Bath | 1,012 Sq. Ft.

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Foreclosure Homes in Redmond, OR

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Redmond, OR area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Redmond, OR and much more. Save thousands at closing with home foreclosure listings in Redmond, OR — up to 75% off market value!


Top Reasons To Live In Redmond, OR In 2021

Redmond is located in Deschutes, Oregon, with an estimated municipal population of 32,421 residents. All of the best foreclosed homes for sale in Redmond are located in the following zip code areas on Foreclosure.com: 97756. The estimated population per square kilometer (.62 miles) in Redmond is 744.


Cost Of Living In Redmond, OR

So, about how much do homes cost in Redmond? The most recent median value of resident-owned homes in Redmond is 257,332. An estimated 60 percent of households in Redmond own their homes, with an average family size of 3.15. The median household income in Redmond is 65,088, with21.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Redmond, the median commute time of resident workers (in minutes) is 20.7. And last, but certainly not least, are you looking for homes to rent in Redmond? If so, the average rent price paid by renters in Redmond is 1,090, according to recent statistics.


Diversity And Demographics In Redmond, Oregon

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Redmond, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Redmond is 37, split between 47.6 percent male versus 52.4 female. The percentage of residents who report being married in Redmond is 48.6, with an average family size of 3.15.

The percentage of residents who report their race in Redmond is as follows:

White 89.7%
Black / African American 1.4%
Asian 0.5%
American Indian / Alaskan Native 0.9%
Native Hawaiian / Other Pacifc Islander 0.5%
Multi-racial 3.7%
Other 3.4%

Looking for family-friendly neighborhoods in and/or near Redmond? Or maybe you are searching for 55+ active adult communities in and/or near Redmond?

The percentage of residents who report their age in Redmond is as follows:

Under 10 11.5%
Aged 10-19 13.5%
20s 13%
30s 15.7%
40s 13.8%
50s 10.8%
60s 11.3%
70s 7.6%
80+ 2.6%

Best Schools In Redmond, Oregon

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Redmond with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Redmond.


Pros And Cons Of Living In Redmond, Oregon

How do you know that living in -- or moving to -- Redmond is right where you need to be? Perhaps you grew up in Redmond or already live nearby; therefore, the decision to buy a home in Redmond is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Redmond for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Redmond:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Redmond.


Reasons To Move To Redmond, Oregon, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Redmond can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Redmond, meanwhile, can field multiple offers from more qualified buyers.

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