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REDMOND, WA 98053

Real Estate Market Report  ·  King County
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The REDMOND, WA real estate market (98053) currently shows 82 active listings, with 24 pending sales. Homes are averaging 28 days on the market before going under contract.

Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 28 days on market compared to 23 days last year.

The median listing price has fallen 9.1% year-over-year, from $1,712,250 to $1,556,250.

Whether you are buying or selling in REDMOND, WA, 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: 22,765  ·  Density: 317.9/mi²  ·  Median household income: $171,822

Typical home value: $1,077,680  ·  Homeownership: 85.6%

Market Overview

Active Listings
82
⇧ 20.6% vs 68 last year
Pending
24
29% pending ratio
Median Price
$1,556,250
⇩ 9.1% vs $1,712,250 last year
Average Price
$1,771,510
⇩ 2.5% vs $1,817,265 last year
Days on Market
28
⇧ 21.7% vs 23 days last year

Price Per Square Foot

Median $/sqft
$610
⇩ 2.2% vs $624/sqft last year
Median Home Size
2,421 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 82 this year vs 68 last year
  • Days on market: 28 now vs 23 last year

Median & Average Pricing

Year over Year
  • Median: $1,556,250 (-9.1% YoY)
  • Average: $1,771,510 (-2.5% 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 12.2 miles — 1,004 listings ($1,995,459,578 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98053Redmond, WA 980530.0 mi47$93,909,431$1,599,250$1,998,073
98052Redmond, WA 980524.8 mi141$177,100,653$940,750$1,256,033
98008Bellevue, WA 980085.9 mi53$95,752,609$1,575,000$1,806,653
98019Duvall, WA 980196.6 mi57$51,793,962$842,495$908,666
98029Issaquah, WA 980297.4 mi86$89,915,322$691,739$1,045,527
98033Kirkland, WA 980338.0 mi231$476,076,909$1,650,000$2,060,939
98072Woodinville, WA 980728.4 mi62$100,465,916$1,549,993$1,620,418
98050Preston, WA 980509.0 mi1$2,345,000$2,345,000$2,345,000
98006Bellevue, WA 980069.5 mi90$200,159,550$1,924,500$2,223,995
98039Medina, WA 9803910.4 mi21$224,639,625$6,847,500$10,697,125
98027Issaquah, WA 9802711.2 mi81$105,720,633$1,191,248$1,305,193
98040Mercer Island, WA 9804012.0 mi43$219,186,824$3,441,250$5,097,368
98105Seattle, WA 9810512.2 mi91$158,393,144$967,450$1,740,584

Frequently Asked Questions

How many homes are for sale in REDMOND, WA 98053?

As of April 2026, there are 82 active listings in REDMOND, WA (zip code 98053), compared to 68 the prior year.

What is the median home price in REDMOND, WA 98053?

The median listing price in REDMOND, WA 98053 is $1,556,250 as of April 2026, a 9.1% decrease from $1,712,250 the prior year.

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

Homes in REDMOND, WA 98053 spend an average of 28 days on the market before going under contract, compared to 23 days the prior year.

Is it a seller's or buyer's market in REDMOND, WA 98053?

Based on current inventory and days-on-market data as of April 2026, REDMOND, WA 98053 is currently a Buyer's Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 28 days on market compared to 23 days last year.

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

With SELL123.com's maximum 3% commission, sellers in REDMOND, WA 98053 save an estimated $31,125 compared to a typical 5% commission on the median listing price of $1,556,250. 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.