Deschutes Title Market Report
Redmond, OR 97756
Single-Family Homes
deschutestitle.com
Redmond, OR 97756
Wed Oct 14 2026
This week the median list price for Redmond, OR 97756 is $579,999 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has decreased to 290.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.
Real-Time Market Profile
| Median List Price | $579,999 | |
| Median Price of New Listings | $654,949 | |
| Per Square Foot | $329 | |
| Average Days on Market | 109 | |
| Median Days on Market | 84 | |
| Price Decreased | 60% | |
| Price Increased | 1% | |
| Relisted | 6% | |
| Inventory | 290 | |
| Median Rent | ||
| Market Action | 31 | |
| Slight Seller's Advantage | ||
We continue to see prices in this zip code bounce around these current levels. Look for a persistent down-shift in the Market Action Index before we see prices dip. A persistent increase in Market Action could indicate prices will test their previous high points.
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 |
|---|---|---|---|---|---|---|---|---|
| $999,000 | 2,612 | 0.5 - 1 acre | 3 | 3 | 23 | 3 | 6 | 105 |
| $649,450 | 1,929 | 8,000 - 10,000 sqft | 3 | 3 | 20 | 6 | 5 | 59 |
| $519,999 | 1,599 | 4,500 - 6,500 sqft | 3 | 2 | 16 | 2 | 5 | 84 |
| $401,199 | 1,314 | 4,500 - 6,500 sqft | 3 | 2 | 14 | 3 | 4 | 84 |