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Fixer Upper Homes in Redmond, OR

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Living in Redmond, OR

Redmond, Oregon, is a picturesque city in the High Desert, known for its outdoor activities and a welcoming community. The city offers a mix of small-town charm with ample amenities, making it ideal for families and outdoor enthusiasts. With great schools and a focus on community, Redmond provides a high quality of life in a stunning natural setting.

Current Market Conditions in Redmond, OR

The real estate market in Redmond is experiencing significant growth, with an increase in demand for single-family homes due to its appealing lifestyle and proximity to outdoor activities. The area has seen an influx of home seekers from urban areas looking for more space and affordable housing, leading to a competitive market environment.

Home prices in Redmond have steadily increased over the past few years, driven by population growth and limited inventory. Buyers are actively pursuing properties, resulting in quick sales and occasional bidding wars. However, the market remains approachable for families looking to settle in a good school district.

Home Value Estimator For Redmond, OR

There are currently 17,982 real estate properties in Redmond, OR, with a median automated valuation model (AVM) price of $506,300.00. 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 $602,384.00, with the most expensive house in Redmond, OR, topping out at $27,454,652.00 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.

Redmond, OR Fixer Upper Homes

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