Market Report
May 2026 | Redmond, Oregon
Redmond Market Report
Resident ial Homes (Single Family/ Condo/ Tow
Year To Dat e: 20 26 Compar ed To 20 25
The statistics below give a comparison year to date comparing 2026 to the same time frame in 2025. Data as of May 5th, 2026.
$324
Average$ Per Sq/ Ft
$317
Average$ Per Sq/ Ft
218 HomesSold
2026 2025
250 HomesSold
29
Median Dayson Market
40
Median Dayson Market
Redmond Market Condition
Buyer 's M ar ket
M ar ket Condit ions
Balanced M ar ket
5.1Mont hs of Invent ory
Buyer'sMarket
Morethan 5 Monthsof Inventory
Buyer 's vs. Seller 's M ar ket
Balanced Market 3 - 5 Monthsof Inventory
Seller 's M ar ket
Seller'sMarket
Lessthan 3 Monthsof Inventory
The key similarities and differences between a buyer's and seller's market; and how these market factors impact each group.
Buyer's Market
More people selling homes than buying
MoreHomesto ChooseFrom
MoreNegotiating Power
Could Spend Lessthan Asking Price
PriceRestrictions
Rarely Competing Offers
Buyer's Market
More people selling homes than buying
TakesMoreTimeto Sell
Fewer OffersReceived
Could get Lower than Asking Price
May Haveto makeRepairsand/or Concessions
Seller's Market
More people buying homes than selling
Fewer Homesto ChooseFrom LessNegotiating Power
Need to beAbleto CloseQuickly
Could Spend Morethan Asking Price
Competition From Other Buyers
Seller's Market
More people buying homes than selling
HomeSellsQuickly
MultipleOffersLikely
Could get Morethan Asking Price
BuyersWilling to Overlook Repairs
