Deschutes Title Market Report

Redmond, OR 97756

Single-Family Homes

deschutestitle.com



Redmond, OR 97756

Sun Aug 09 2026
This week the median list price for Redmond, OR 97756 is $569,500 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has increased to 293. Click here to stay informed with the Redmond market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Redmond, OR 97756

Sun Aug 09 2026
This week the median list price for Redmond, OR 97756 is $569,500 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has increased to 293. Click here to stay informed with the Redmond market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Redmond market.
Median List Price $569,500
Median Price of New Listings $532,400
Per Square Foot $333
Average Days on Market 100
Median Days on Market 63
Price Decreased 48%
Price Increased 1%
Relisted 3%
Inventory 293
Median Rent
Market Action 32
Slight Seller's Advantage

Prices in this zip code have been on a downward trend in the last few weeks and this week, while essentially flat, doesn’t break us out of that cycle.

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
$998,500 2,628 0.5 - 1 acre 3 3 21 5 5 91
$635,000 1,924 8,000 - 10,000 sqft 3 2.5 16 2 7 63
$520,000 1,609 4,500 - 6,500 sqft 3 2 20 6 8 63
$410,000 1,328 4,500 - 6,500 sqft 3 2 21 5 9 21