Redmond OR Housing Stats & Sales Data 2026
Redmond is a city in Deschutes County, Oregon (Deschutes County), located approximately 16 miles north of Bend along Highway 97 in the high desert of Central Oregon. With a population of approximately 38,000 residents, Redmond has emerged as the Eugene-to-Bend corridor's most dynamic growth market, anchored by Roberts Field (Redmond Municipal Airport) — Central Oregon's commercial air hub — and a rapidly expanding residential base. According to the U.S. Census Bureau, Redmond's median household income of approximately $62,500 reflects a community that balances Bend-adjacent amenities with meaningfully lower housing costs.
Key Takeaways
Redmond's median home price of $425,000 sits 32% below Bend's $625,000 median, creating Central Oregon's most compelling value proposition for buyers according to Central Oregon Association of REALTORS (COAR) data
Annual transaction volume of approximately 1,150 closed sales provides robust farming opportunity with less agent competition than neighboring Bend
Population growth of 18.5% over five years makes Redmond one of Oregon's fastest-growing cities, driving sustained housing demand
The Redmond Municipal Airport's commercial service expansion positions the city as Central Oregon's connectivity hub, attracting employers and remote workers
Agents using US Tech Automations geographic farming tools can capitalize on Redmond's growth trajectory through automated neighborhood campaigns targeting the city's rapidly expanding housing inventory
Redmond Housing Market Overview
What does the Redmond Oregon housing market look like in 2026? Redmond's residential market continues to benefit from Bend spillover demand, commercial airport connectivity, and aggressive new construction activity. According to the Central Oregon Association of REALTORS (COAR), the city's housing metrics demonstrate a market in growth-phase acceleration.
| Market Metric | Redmond | Bend | Deschutes County |
|---|---|---|---|
| Median Home Price | $425,000 | $625,000 | $575,000 |
| Average Sale Price | $448,000 | $685,000 | $610,000 |
| Price Per Sq Ft | $248 | $345 | $310 |
| Annual Transactions | 1,150 | 2,840 | 3,680 |
| Avg Days on Market | 30 | 35 | 38 |
| Months of Inventory | 2.0 | 2.3 | 2.4 |
| List-to-Sale Ratio | 98.5% | 98.8% | 98.4% |
According to Zillow's Home Value Index, Redmond has experienced 8.2% year-over-year appreciation — the highest rate in Deschutes County — driven by the city's $200,000 price advantage over Bend and accelerating population growth. This appreciation rate outpaces Bend's 5.5% and the county's 6.1% overall.
Redmond's $200,000 price gap below Bend translates to approximately $1,265 per month in mortgage payment savings at current rates, according to Freddie Mac rate data. This savings drives a consistent flow of buyers who work in Bend but choose Redmond for affordability.
Sales Volume & Transaction Data
Redmond's transaction distribution reveals a market centered on the $350,000-$500,000 core range that captures working families and Bend commuters.
| Price Range | Closed Sales | % of Total | Avg DOM | Median Sq Ft |
|---|---|---|---|---|
| Under $300,000 | 115 | 10.0% | 22 | 1,080 |
| $300,000-$399,999 | 310 | 27.0% | 26 | 1,350 |
| $400,000-$499,999 | 345 | 30.0% | 28 | 1,620 |
| $500,000-$649,999 | 230 | 20.0% | 34 | 1,950 |
| $650,000-$849,999 | 105 | 9.1% | 42 | 2,350 |
| $850,000+ | 45 | 3.9% | 55 | 2,800+ |
According to COAR transaction data, Redmond's $300,000-$500,000 core captures 57% of all sales — a concentration that favors agents farming middle-market neighborhoods where transaction velocity is highest. The sub-$300,000 segment has compressed significantly from 22% of sales in 2022 to just 10% today, reflecting citywide appreciation.
How many homes sell in Redmond Oregon each year? With 1,150 annual transactions across approximately 15,200 housing units, Redmond's turnover rate of 7.6% significantly exceeds the national average of 5.5% and even Bend's 5.4%, according to Census Bureau and COAR data. This elevated turnover reflects Redmond's role as a growth market where new arrivals, move-up buyers, and investors create constant transaction activity.
Neighborhood Sales Analysis
Redmond's expanding geography creates distinct neighborhood markets with varying investment profiles.
| Neighborhood | Median Price | Annual Sales | YoY Change | Buyer Profile |
|---|---|---|---|---|
| NW Redmond (Dry Canyon) | $465,000 | 185 | +7.8% | Families, commuters |
| East Redmond (Airport area) | $385,000 | 220 | +9.2% | Value seekers, FTB |
| South Redmond (Hwy 97) | $445,000 | 195 | +8.5% | Mixed, growing |
| Central/Downtown | $395,000 | 145 | +10.1% | Young professionals |
| North Redmond | $410,000 | 165 | +7.4% | Established families |
| SW Redmond (new development) | $495,000 | 240 | +6.8% | New construction, families |
According to Deschutes County Assessor records, Central/Downtown Redmond's 10.1% appreciation rate leads all neighborhoods, driven by renovation activity and walkability improvements that have transformed the historic core. East Redmond's 9.2% growth reflects its position as the city's most affordable established neighborhood, attracting first-time buyers priced out of other areas.
The US Tech Automations platform enables agents to create neighborhood-specific farming campaigns, delivering tailored market reports to homeowners in each of Redmond's distinct areas. This granular approach outperforms citywide marketing by matching message to micro-market dynamics.
SW Redmond's new development corridor has added over 400 housing units since 2023, according to Deschutes County building permit data, making it the city's primary growth zone and a high-priority target for agents seeking new construction listing relationships.
Commission & Agent Income Data
How much do real estate agents earn in Redmond Oregon? Redmond's commission economics balance moderate price points with strong transaction volume.
| Commission Metric | Redmond | Bend | Deschutes County |
|---|---|---|---|
| Typical Total Rate | 5.0-5.5% | 5.0% | 5.0-5.5% |
| Listing Side | 2.5-2.75% | 2.5% | 2.5-2.75% |
| Buyer Side | 2.5-2.75% | 2.5% | 2.5-2.75% |
| Median Commission/Deal | $21,250 | $31,250 | $28,750 |
| Top Producer Annual GCI | $340,000+ | $510,000+ | $425,000+ |
| Active Agents | 350 | 850+ | 1,100+ |
| Transactions/Agent | 3.3 | 3.3 | 3.3 |
According to the Bureau of Labor Statistics, Redmond agents earn a median income comparable to the broader Bend-Redmond MSA figure of $68,400. However, Redmond's lower agent density (350 vs Bend's 850+) creates proportionally better market share opportunities for systematic farming agents.
The strategic advantage for Redmond agents: while per-deal revenue is lower than Bend ($21,250 vs $31,250), the lower competition means achieving 5% market share is more realistic. A 5% listing market share in Redmond equals approximately 29 listing-side transactions generating $308,000+ in listing-side GCI — a top-producer income level.
Population Growth & Housing Demand
How fast is Redmond Oregon growing? Redmond's population growth trajectory is among the strongest in Oregon and has direct implications for housing demand.
| Growth Metric | Redmond | Bend | Deschutes County | Oregon |
|---|---|---|---|---|
| 2020 Census | 32,100 | 92,000 | 198,000 | 4,238,000 |
| 2025 Estimate | 38,000 | 105,000 | 228,000 | 4,460,000 |
| 5-Year Growth | +18.5% | +14.2% | +15.2% | +5.2% |
| Annual Growth Rate | +3.5% | +2.7% | +2.9% | +1.0% |
| Projected 2030 | 45,000 | 118,000 | 258,000 | 4,680,000 |
According to Portland State University Population Research Center estimates, Redmond's 18.5% five-year growth rate is more than triple the Oregon statewide average. This population influx — adding approximately 1,200 new residents annually — generates demand for roughly 450-500 new housing units per year.
Redmond's population growth rate of 3.5% annually ranks it among the top 5 fastest-growing cities in Oregon with populations above 25,000, according to Portland State University estimates. This growth trajectory underpins sustained housing demand through 2030.
New Construction Activity
Redmond's new construction pipeline has expanded dramatically to meet population-driven demand.
| Construction Metric | 2026 | 2024 | 2022 | Change |
|---|---|---|---|---|
| Single-Family Permits | 380 | 285 | 165 | +130% (3yr) |
| Multi-Family Units | 120 | 85 | 45 | +167% (3yr) |
| Avg New Build Price | $465,000 | $428,000 | $385,000 | +20.8% |
| Major Subdivisions Active | 8 | 5 | 3 | Growing |
| Commercial Permits | 42 | 28 | 18 | +133% |
According to the City of Redmond Community Development Department, single-family building permits have more than doubled in three years, with major subdivisions concentrated in SW Redmond and the north corridor toward Terrebonne. National builders including Hayden Homes, Pahlisch Homes, and D.R. Horton have all expanded their Redmond allocations.
Agents who develop relationships with these builders gain access to new construction inventory before public listing. According to NAR builder relationship surveys, preferred agents receive 60-70% of builder referrals in their designated communities. US Tech Automations tracks new construction pipeline data alongside resale inventory, giving agents a comprehensive supply picture for client advisory.
Seasonal Market Patterns
When is the best time to buy or sell in Redmond Oregon? Redmond's seasonal patterns follow Central Oregon norms with tourism-influenced summer peaks.
| Quarter | Avg Sales/Month | Median Price | Avg DOM | Notes |
|---|---|---|---|---|
| Q1 (Jan-Mar) | 75 | $415,000 | 36 | Slow season, best negotiation |
| Q2 (Apr-Jun) | 115 | $435,000 | 24 | Spring surge, family buying |
| Q3 (Jul-Sep) | 120 | $440,000 | 26 | Peak, tourism buyer pipeline |
| Q4 (Oct-Dec) | 88 | $420,000 | 32 | Holiday slowdown |
According to COAR seasonal data, Redmond's Q3 pricing peak of $440,000 exceeds Q1's $415,000 by $25,000 — a meaningful seasonal premium that smart sellers capture through optimal listing timing. Agents who communicate this seasonal advantage using data from automated market analyses win more listing appointments.
Mortgage & Affordability Data
Redmond's price positioning creates a compelling affordability story relative to Central Oregon's premium markets.
| Affordability Metric | Redmond | Bend | Sisters | National |
|---|---|---|---|---|
| Median Home Price | $425,000 | $625,000 | $720,000 | $412,000 |
| Monthly P&I (6.5%, 30yr) | $2,687 | $3,952 | $4,553 | $2,604 |
| Required Income (28% DTI) | $115,150 | $169,371 | $195,129 | $111,600 |
| FHA Down Payment (3.5%) | $14,875 | $21,875 | $25,200 | $14,420 |
| Median HH Income | $62,500 | $76,800 | $68,400 | $74,580 |
According to the Oregon Housing and Community Services department, approximately 28% of Redmond buyers utilize FHA or VA financing, reflecting the city's role as an affordability gateway to Central Oregon living. For dual-income households earning a combined $90,000-$115,000, Redmond homeownership is achievable — while Bend's $625,000 median requires significantly higher qualification thresholds.
Can first-time buyers afford Redmond Oregon? At $425,000 with FHA financing (3.5% down/$14,875), monthly total housing costs of approximately $3,100 are achievable for households earning $85,000+ at 35% housing ratio. According to Census data, approximately 35% of Redmond households meet this income threshold, creating a viable first-time buyer pool.
Investment & Rental Market
| Rental/Investment Metric | Redmond | Bend | Deschutes County |
|---|---|---|---|
| Median 3BR Rent | $1,850 | $2,250 | $2,050 |
| Vacancy Rate | 2.6% | 2.4% | 2.8% |
| Gross Rent Multiplier | 19.1 | 23.1 | 21.4 |
| Cap Rate (Long-Term) | 5.4% | 4.2% | 4.8% |
| STR Permits Active | 280+ | 1,200+ | 1,800+ |
| Annual Rent Growth | +6.4% | +5.8% | +5.2% |
According to the U.S. Census Bureau's American Community Survey, approximately 40% of Redmond households are renters, creating sustained rental demand. Redmond's cap rate of 5.4% — significantly above Bend's 4.2% — makes it the preferred market for cash-flow-oriented investors in Central Oregon.
Redmond's gross rent multiplier of 19.1 versus Bend's 23.1 means investors achieve cash-flow breakeven faster in Redmond, according to local investment analysis from Central Oregon real estate investment groups. Combined with a 6.4% annual rent growth rate, Redmond offers the strongest risk-adjusted rental returns in Deschutes County.
How to Farm Redmond's Growing Housing Market
Select your farming neighborhood based on growth velocity. Redmond's six primary neighborhoods each exhibit different growth patterns. According to COAR data, SW Redmond and East Redmond offer the highest transaction volume and appreciation rates — ideal for agents seeking rapid market share building.
Build a comprehensive farm database of 500-700 homeowners. Use Deschutes County Assessor records combined with new construction buyer data to ensure your database captures both established and new residents. US Tech Automations automates this compilation and keeps it current as new homes close.
Launch a monthly "Redmond Growth Report" brand. In a market adding 1,200+ residents annually, growth-focused content resonates strongly. Include population data, new business openings, infrastructure updates, and housing market statistics. The US Tech Automations platform generates these reports from integrated data sources.
Target Bend commuters with affordability messaging. Since Redmond's $200,000 price advantage over Bend drives significant buyer migration, create content that quantifies the savings — mortgage payment differences, property tax comparisons, and total cost of ownership analyses.
Develop new construction expertise and builder relationships. With 500+ new units annually, the new construction segment represents a growing share of Redmond's market. According to NAR, agents with builder relationships close 25% more transactions than those without.
Implement automated just-listed and just-sold campaigns. Every transaction in your farm area triggers immediate outreach. According to Real Trends, these triggered notifications generate 3-5x higher engagement than scheduled marketing in growth markets.
Create an investor-focused service track. Redmond's 5.4% cap rate attracts cash-flow investors from higher-priced markets. Build investment analysis tools — rental income projections, cap rate calculators, 1031 exchange guidance — to serve this segment. US Tech Automations provides investment analytics dashboards that quantify returns for investor clients.
Leverage the airport connectivity advantage in marketing. Redmond Municipal Airport's commercial service makes the city uniquely accessible for out-of-area buyers and second-home purchasers. Content highlighting flight connections, driving times to recreation, and airport expansion plans differentiates your farming materials.
Cross-market with Bend agents through referral partnerships. Bend agents frequently encounter buyers who can't afford Bend's prices. Establishing yourself as the go-to Redmond referral partner for 3-5 Bend agents generates a consistent pipeline of qualified buyer leads.
Scale your farm as the city grows. Redmond's projected growth to 45,000 by 2030 means new neighborhoods are constantly emerging. Agents who expand their farming zones to include newly developed areas capture residents from day one — before competing agents establish presence.
USTA vs Competitor Platform Comparison
| Feature | US Tech Automations | kvCORE | BoomTown | Ylopo |
|---|---|---|---|---|
| Growth Market Tools | Population + permit tracking | No | No | No |
| New Construction Pipeline | Integrated | MLS only | MLS only | MLS only |
| Investment Analysis Tools | Cap rate, GRM, cash flow | No | No | No |
| Geographic Farm Zones | Unlimited neighborhoods | Limited | Limited | No |
| Automated Growth Reports | Population + market data | Market only | Market only | No |
| Price Point | $149-299/mo | $499+/mo | $1,000+/mo | $295+/mo |
| Builder Relationship CRM | Yes | No | No | No |
| Cross-Market Referral Tools | Built-in | Limited | Limited | No |
According to technology reviews on HousingWire and Inman News, growth-market agents who use platforms with population and construction tracking capabilities identify opportunities 4-6 weeks faster than agents relying on MLS data alone. US Tech Automations' integration of demographic growth data with real estate market analytics provides a unique advantage in rapidly expanding markets like Redmond.
Frequently Asked Questions
What is the median home price in Redmond Oregon?
Redmond's median home price is approximately $425,000 as of early 2026, according to COAR data. This represents an 8.2% year-over-year increase and positions Redmond approximately $200,000 below neighboring Bend's $625,000 median.
How fast is Redmond Oregon growing?
Redmond's population has grown 18.5% over five years to approximately 38,000 residents, according to Portland State University estimates. This growth rate of 3.5% annually makes Redmond one of Oregon's top 5 fastest-growing cities with populations above 25,000.
How many homes sell in Redmond each year?
Redmond records approximately 1,150 residential transactions annually according to COAR data. Monthly volume peaks in summer (June-August) at 120 closings per month and reaches its lowest point in winter (December-February) at 75 per month.
Is Redmond cheaper than Bend for housing?
Redmond's median home price of $425,000 is approximately 32% below Bend's $625,000, according to COAR data. Monthly mortgage payments are roughly $1,265 lower at comparable loan terms, making Redmond Central Oregon's primary affordability market.
What commission do Redmond real estate agents earn?
Total commission rates in Redmond typically range from 5.0-5.5% of the sale price. At the median price of $425,000, this generates approximately $21,250 per transaction according to local market data, with top producers earning $340,000+ in annual gross commission income.
Are new homes being built in Redmond Oregon?
Redmond's new construction activity has surged, with 500+ residential building permits issued annually according to City of Redmond data. Major national and regional builders including Hayden Homes and Pahlisch Homes are active in multiple subdivisions.
Is Redmond Oregon a good investment market?
Redmond offers the strongest risk-adjusted returns in Deschutes County with a 5.4% cap rate on rental properties, 2.6% vacancy, and 6.4% annual rent growth, according to COAR and Census Bureau data. The city's population growth trajectory supports continued appreciation and rental demand.
What neighborhoods in Redmond are appreciating fastest?
Central/Downtown Redmond leads with 10.1% year-over-year appreciation, followed by East Redmond at 9.2% and South Redmond at 8.5%, according to Deschutes County Assessor data. These areas benefit from renovation activity, new development, and improving walkability.
How does Redmond compare to Bend for real estate agents?
Redmond offers lower per-deal income ($21,250 vs $31,250) but significantly less competition (350 vs 850+ agents) according to COAR data. Redmond's faster growth rate and higher turnover (7.6% vs 5.4%) create proportionally better market share opportunities for farming-focused agents.
What drives housing demand in Redmond?
Population growth (18.5% over five years), Bend commuter migration, commercial airport connectivity, healthcare expansion, and remote worker relocation drive Redmond's housing demand according to Census Bureau and Oregon Employment Department data. The city is projected to reach 45,000 residents by 2030.
Conclusion: Redmond's Growth Story Is Your Farming Opportunity
Redmond's convergence of rapid population growth, Bend-adjacent affordability, and expanding infrastructure creates one of Oregon's most compelling real estate farming opportunities in 2026. With 1,150 annual transactions, 8.2% appreciation, and less agent competition than neighboring Bend, the data supports strategic farming investment for agents seeking to build dominant local market share.
The agents who capture Redmond's growth are those who establish farming presence early, automate their outreach to new and existing residents, and leverage data to demonstrate market expertise. The US Tech Automations platform provides Redmond agents with population tracking, new construction monitoring, and automated neighborhood campaigns that turn growth data into closed transactions.
Related Central Oregon market data: Bend OR Agent Guide | Springfield OR Housing Stats | Cottage Grove OR Market Data | Creswell OR Trends | Eugene OR Agent Guide
About the Author
Helping real estate agents leverage automation for geographic farming success.
