Enjoy Bend Life Real Estate Group | Realty ONE Group Discovery
Redmond, OR 97756
Single-Family Homes
Reed Melton | www.EnjoyBendLife.com | (541) 408-6625 | Reed@EnjoyBendLife.com
Redmond, OR 97756
Sat Jun 20 2026
This week the median list price for Redmond, OR 97756 is $629,450 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has increased to 246.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.
Real-Time Market Profile
| Median List Price | $629,450 | |
| Median Price of New Listings | $834,950 | |
| Per Square Foot | $334 | |
| Average Days on Market | 95 | |
| Median Days on Market | 63 | |
| Price Decreased | 44% | |
| Price Increased | 1% | |
| Relisted | 2% | |
| Inventory | 246 | |
| Median Rent | ||
| Market Action | 33 | |
| Slight Seller's Advantage | ||
You can see that prices in this zip code have been upward in the last few weeks and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $1,149,500 | 2,831 | 0.5 - 1 acre | 3 | 3 | 20 | 3 | 3 | 70 |
| $729,900 | 2,186 | 8,000 - 10,000 sqft | 3 | 2.5 | 21 | 5 | 7 | 49 |
| $550,000 | 1,855 | 4,500 - 6,500 sqft | 3 | 2 | 8 | 1 | 5 | 77 |
| $449,900 | 1,356 | 4,500 - 6,500 sqft | 3 | 2 | 21 | 1 | 8 | 49 |