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REDMOND, WA 98053

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

Market Overview

Active Listings
29
⇧ 26.1% vs 23 last year
Pending
13
45% pending ratio
Median Price
$1,550,000
⇧ 36.3% vs $1,137,425 last year
Average Price
$2,016,083
⇧ 35% vs $1,493,193 last year
Days on Market
85
⇧ 123.7% vs 38 days last year

Market Context

Population: 22,765  ·  Density: 317.9/mi²  ·  Median household income: $171,822

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

Market Analysis

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

The REDMOND, WA real estate market (98053) currently shows 29 active listings, with 13 pending sales. Homes are averaging 85 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 85 days on market compared to 38 days last year.

The median listing price has risen 36.3% year-over-year, from $1,137,425 to $1,550,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 29 this year vs 23 last year
  • Days on market: 85 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $1,550,000 (+36.3% YoY)
  • Average: $2,016,083 (+35% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.2 miles — 762 listings ($1,459,317,119 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98053Redmond, WA 980530.0 mi29$58,466,407$1,550,000$2,016,083
98052Redmond, WA 980524.8 mi100$129,932,600$912,473$1,299,326
98008Bellevue, WA 980085.9 mi38$71,188,820$1,640,000$1,873,390
98019Duvall, WA 980196.6 mi53$49,249,296$869,995$929,232
98029Issaquah, WA 980297.4 mi60$59,582,220$730,000$993,037
98033Kirkland, WA 980338.0 mi183$363,098,901$1,609,950$1,984,147
98072Woodinville, WA 980728.4 mi66$104,384,676$1,545,000$1,581,586
98050Preston, WA 980509.0 mi1$2,395,000$2,395,000$2,395,000
98006Bellevue, WA 980069.5 mi49$103,341,392$1,792,500$2,109,008
98039Medina, WA 9803910.4 mi11$130,808,227$8,812,500$11,891,657
98027Issaquah, WA 9802711.2 mi61$84,569,119$1,199,950$1,386,379
98040Mercer Island, WA 9804012.0 mi35$179,184,565$3,395,000$5,119,559
98105Seattle, WA 9810512.2 mi76$123,115,896$875,000$1,619,946

Frequently Asked Questions

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

As of January 2026, there are 29 active listings in REDMOND, WA (zip code 98053), compared to 23 the prior year.

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

The median listing price in REDMOND, WA 98053 is $1,550,000 as of January 2026, a 36.3% increase from $1,137,425 the prior year.

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

Homes in REDMOND, WA 98053 spend an average of 85 days on the market before going under contract, compared to 38 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 January 2026, REDMOND, WA 98053 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 85 days on market compared to 38 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 $31,000 compared to a typical 5% commission on the median listing price of $1,550,000. 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.