M arket Report August 2026 | Redmond, Oregon
Redmond M ar ket Repor t
M ar k et Summar y Resident ial H omes (Single Family/ Condo/ Tow nhouse) Current Period August 2026
July 2026
Change From Last Mont h
Last Year August 2025
Change From Last Year
74
77
-3.9%
98
-24.5%
$470,000
$542,700
-13.4%
$545,000
-13.8%
Median Price Per Sq. Ft .
$330
$325
+1.5%
$312
+5.8%
Act ive Invent ory
361
366
-1.4%
309
+16.8%
% of Original Price Received
96.7%
96.1%
+.6%
95.5%
+1.3%
27
42
-35.7%
38
-28%
14.9%
22.1%
-32.7%
31.6%
-53%
Homes Sold Median Sale Price
Median Days on M arket % Cash Sales
Year To D at e: 20 26 Compar ed To 20 25 The st at ist ics below give a compar ison year t o dat e compar ing 20 26 t o t he same t ime f r ame in 20 25. Dat a as of Sept ember 2nd, 20 26.
2026 $325
558
Average $ Per Sq/ Ft
Homes Sold
27 Median Days on M arket
2025 $315
580
Average $ Per Sq/ Ft
Homes Sold
29 Median Days on M arket
Dat a provided by Oregon Dat aShare. Regional Mult iple List ing Ser vice RMLS, and Sout hern Oregon MLS. All inf ormat ion is deemed reliable but not guarant eed.
Redmond M ar ket Condit ion
M ar k et Condit ions Buyer 's M ar k et
Balanced M ar k et
Seller 's M ar k et
4.9 Mont hs of Invent ory Buyer's M arket
Balanced M arket
Seller's M arket
More t han 5 Mont hs of Invent ory
3 - 5 Mont hs of Invent ory
Less t han 3 Mont hs of Invent ory
Buyer 's vs. Seller 's M ar k et T he key similar it ies and dif f er ences bet w een a buyer 's and seller 's mar ket ; and how t hese mar ket f act or s impact each gr oup.
Buyer 's M ar ket
Seller 's M ar ket
M or e people selling homes t han buying
M or e people buying homes t han selling
More Homes t o Choose From
Fewer Homes t o Choose From
More Negot iat ing Power
Less Negot iat ing Power
Could Spend Less t han Asking Price
Need t o be Able t o Close Quickly
Price Rest rict ions
Could Spend More t han Asking Price
Rarely Compet ing Offers
Compet it ion From Ot her Buyers
Buyer 's M ar ket
Seller 's M ar ket
M or e people selling homes t han buying
M or e people buying homes t han selling
Takes More Time t o Sell Home Sells Quickly Fewer Offers Received Mult iple Offers Likely Could get Lower t han Asking Price Could get More t han Asking Price M ay Have t o make Repairs and/ or Concessions
Buyers Willing t o Overlook Repairs
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