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Preforeclosure Homes in Redmond, WA 98052

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Redmond, WA Foreclosures

How much do homes sell for in Redmond, WA?
The average home price is currently $1,744,090.
In Redmond, WA, how many homes are available?
There are currently 9 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 $230,764,112.
What is currently the cheapest priced home in Redmond, WA?
The cheapest home for sale in Redmond is priced at $45,735.

Living in Redmond, WA

Redmond, WA is a tech-savvy suburb located just east of Seattle, famous for its innovation and connected lifestyle. Residents enjoy an excellent quality of life, with abundant outdoor recreational opportunities and a strong community vibe. The city also benefits from proximity to major employers and an extensive public transit system.

Current Market Conditions in Redmond, WA

The real estate market in Redmond is currently experiencing a competitive environment, with a low inventory of homes available for sale against a backdrop of high demand. This has led to increased home prices, particularly in desirable neighborhoods. The influx of tech workers and families moving into the area continues to push the market forward, with many properties receiving multiple offers soon after listing.

There is a noticeable trend of new developments and constructions, which cater to the growing population in Washington's tech hub. This includes single-family homes, townhouses, and apartments, making it appealing for various buyer demographics.

Home Value Estimator For Redmond, WA

There are currently 26,861 real estate properties in Redmond, WA, with a median automated valuation model (AVM) price of $1,506,898.00. 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 $1,744,090.00, with the most expensive house in Redmond, WA, topping out at $230,764,112.00 and the cheapest home in Redmond, WA, clocking in at $45,735.00. 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 98052 Preforeclosure Homes

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