The Downtown Redmond housing market is very competitive. The median sale price of a home in Downtown Redmond was $770K last month, down 24.3% since last year. The median sale price per square foot in Downtown Redmond is $551, down 35.6% since last year.
What is the housing market like in Downtown Redmond today?
In February 2025, Downtown Redmond home prices were down 24.3% compared to last year, selling for a median price of $770K. On average, homes in Downtown Redmond sell after 75 days on the market compared to 10 days last year. There were 13 homes sold in February this year, up from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$770,000
-24.3% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Downtown Redmond, WA
$770,000
-24.3%
United States
To compare other locations to the Downtown Redmond and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Redmond add value to a home.
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How hot is the Downtown Redmond housing market?
Downtown Redmond is very competitive. Homes sell in 19 days.
0
100
74
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 19 days.
Hot homes
can sell for about 2% above list price and go pending in around 4 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Redmond housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Redmond.
Flood Factor - Major
44% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Redmond has a major risk of flooding. 83 properties in Downtown Redmond are likely to be
severely affected
by flooding over the next 30 years. This represents 44% of all properties in Downtown Redmond. Flood risk is increasing faster than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Redmond has a moderate risk of wildfire. There are 5 properties in Downtown Redmond that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Downtown Redmond.
Downtown Redmond has minimal risk of severe winds over the next 30 years
Wind Factor
Downtown Redmond has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
100% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Downtown Redmond has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown Redmond have a Moderate Heat Factor®.
Downtown Redmond is expected to see a 114% increase in the number of days over 87ºF over the next 30 years. Downtown Redmond is expected to experience 7