Redmond, Oregon Housing Market Trends
While it's convenient to find information about national trends, purchasing decisions are made on a local level. If you have a strong interest in the Central Oregon housing market trends, the following locally-focused information will hit the mark for you.
All the data gathered came directly from the local MLS.
Redmond Housing Market Snapshot — August 2026
New Listings: 113 (down from 130 in July, −13.1%)
Pending Sales: 79 (up from 77, +2.6%)
Closed Sales: 78 (down from 80, −2.5%)
Active Inventory: 348 (up 19.2% month-over-month)
Median Sold Price: $454,950 (down from $537,900, −15.4%)
Median Active Price: $546,700 (down from $559,950, −2.4%)
Absorption Rate: 4.6 months, Balanced
Redmond's Active Inventory grew even faster than Bend's in relative terms — up 19.2% month-over-month against a normal seasonal step of essentially 0%, and at 348 homes it's nearly double where Redmond stood in either of the past two Augusts (195 in 2025, 206 in 2024). New Listings and Closed Sales both eased modestly (−13.1% and −2.5%), while Pending Sales ticked up slightly (+2.6%) — buyers are still active, they're just not keeping pace with how quickly the shelf is filling.
Median Sold Price dropped sharply, down 15.4% to $454,950 — but this looks driven mainly by which price tiers happened to close this month rather than a broad decline, so it's worth watching again next month before reading much into a single data point. Median Active Price moved far more modestly, down 2.4% to $546,700, a more reliable read on where sellers are actually pricing right now.
Deeper Dive Into the Redmond Market
Graphs updated periodically throughout the month. Any data pertaining to how the current month will end is based on projections using data since the start of the month.