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REDMOND, OR 97756

Real Estate Market Report  ·  Deschutes County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The REDMOND, OR real estate market (97756) currently shows 496 active listings, with 159 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has increased compared to last year, with 137 more homes available — giving buyers more choice.

Homes are selling faster, averaging 52 days on market compared to 54 days last year.

The median listing price has fallen 5.7% year-over-year, from $572,450 to $539,750.

Whether you are buying or selling in REDMOND, OR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 43,545  ·  Density: 133.1/mi²  ·  Median household income: $77,525

Typical home value: $424,992  ·  Homeownership: 69.5%

Market Overview

Active Listings
496
⇧ 38.2% vs 359 last year
Pending
159
32% pending ratio
Median Price
$539,750
⇩ 5.7% vs $572,450 last year
Average Price
$608,306
⇩ 5.5% vs $643,914 last year
Days on Market
52
⇩ 3.7% vs 54 days last year

Price Per Square Foot

Median $/sqft
$322
⇩ 0.3% vs $323/sqft last year
Median Home Size
1,790 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 496 this year vs 359 last year
  • Days on market: 52 now vs 54 last year

Median & Average Pricing

Year over Year
  • Median: $539,750 (-5.7% YoY)
  • Average: $608,306 (-5.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 72.8 miles — 1,018 listings ($1,062,350,386 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97756Redmond, OR 977560.0 mi259$160,176,737$543,093$618,443
97753Powell Butte, OR 9775310.3 mi43$83,533,692$1,298,375$1,942,644
97702Bend, OR 9770220.6 mi300$293,503,200$724,950$978,344
97703Bend, OR 9770321.7 mi231$393,188,565$1,467,250$1,702,115
97730Camp Sherman, OR 9773027.8 mi6$3,548,940$269,000$591,490
97754Prineville, OR 9775434.5 mi158$115,808,786$524,950$732,967
97413Blue River, OR 9741342.7 mi5$2,493,665$485,000$498,733
97350Idanha, OR 9735045.5 mi2$558,900$279,450$279,450
97752Post, OR 9775249.9 mi1$299,000$299,000$299,000
97750Mitchell, OR 9775058.9 mi3$2,969,001$899,000$989,667
97063Tygh Valley, OR 9706365.3 mi6$3,345,000$452,000$557,500
97830Fossil, OR 9783069.4 mi3$2,805,000$935,000$935,000
97029Grass Valley, OR 9702972.8 mi1$119,900$119,900$119,900

Frequently Asked Questions

How many homes are for sale in REDMOND, OR 97756?

As of March 2026, there are 496 active listings in REDMOND, OR (zip code 97756), compared to 359 the prior year.

What is the median home price in REDMOND, OR 97756?

The median listing price in REDMOND, OR 97756 is $539,750 as of March 2026, a 5.7% decrease from $572,450 the prior year.

How long do homes stay on the market in REDMOND, OR?

Homes in REDMOND, OR 97756 spend an average of 52 days on the market before going under contract, compared to 54 days the prior year.

Is it a seller's or buyer's market in REDMOND, OR 97756?

Based on current inventory and days-on-market data as of March 2026, REDMOND, OR 97756 is currently a Balanced Market. Inventory has increased compared to last year, with 137 more homes available — giving buyers more choice. Homes are selling faster, averaging 52 days on market compared to 54 days last year.

How much can I save on real estate commission in REDMOND, OR?

With SELL123.com's maximum 3% commission, sellers in REDMOND, OR 97756 save an estimated $10,795 compared to a typical 5% commission on the median listing price of $539,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.