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October 2026 Market Report · King County · about 13.4 miles from Silver Firs
Redmond Housing Market & Homes for Sale
Balanced market
Redmond is home to Microsoft’s headquarters and Marymoor Park, with a mix of downtown townhomes and established single-family neighborhoods.
Redmond market summary for September 2026
In September 2026, single-family homes in Redmond sold for a median price of $1.39M, down 10% from a year earlier. There were 210 homes for sale at month-end (up 62% year over year), 133 new listings and 66 closed sales. Homes sold in an average of 34 days for about 97% of list price. There were 3.2 months of inventory in September (3.5 averaged over the last three months, versus 2.0 a year ago), which points to a balanced market.
Redmond home sales trends (last 15 months)
This chart updates automatically every month. Click “Click here for your neighborhood information” to request a custom report for your exact neighborhood, price range or home type.
What this means for buyers
You have more choice than a year ago and room to negotiate, especially on homes that have been listed a few weeks. The best-priced homes still sell fast.
What this means for sellers
Buyers are choosier. Pricing to the current market (not last spring’s), strong photos and good prep matter more than they did a year ago.
Thinking about selling in Redmond?
Averages don’t tell you what your home will sell for. I’ll put together a no-pressure broker’s property evaluation using the latest sales near you.
Redmond real estate FAQs
Is Redmond a buyer’s or seller’s market right now?
Based on September 2026 NWMLS data, Redmond is a balanced market, with 3.2 months of inventory in September (3.5 averaged over the last three months). Under about 3 months generally favors sellers; over 6 favors buyers.
What is the median home price in Redmond?
The median sold price for single-family homes in Redmond was $1.39M in September 2026, down 10% from September 2025. Average price per square foot was $626.
How fast are homes selling in Redmond?
Homes that sold in September 2026 were on the market an average of 34 days and sold for about 97% of their final list price.
How do I find out what my Redmond home is worth?
Market averages are a starting point, but value depends on your street, condition and updates. Request a broker’s property evaluation and I’ll send you a personalized estimate.
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Source: Northwest Multiple Listing Service (NWMLS) data via TrendGraphix, single-family homes. Statistics are based on data available at the end of September 2026; neither NWMLS nor TrendGraphix guarantees their accuracy. Report prepared by Michael McKay, REALTOR®, Keller Williams Everett · (206) 249-6925 · Michael.McKay@KW.com