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Advertise here →Redmond, WA · Market Data
Redmond, Washington real estate market data.
Real estate market data for Redmond, WA (King County) — Census median home value $1,091,700, county listing prices down about 4.0% over the past year.
Redmond, WA is in King County, Washington — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 75,721, with a median household income of $162,099. Census data puts Redmond's median home value at $1,091,700 (all owner-occupied homes); King County's current median listing price runs $850,000, down about 4.0% over the past year.
At a glance
Redmond market snapshot
Population
75,721
Median Household Income
$162,099
Median Home Value (city)
$1,091,700
Median Listing Price (King County)
$850,000
Median Gross Rent
$2,343/mo
Price Trend (YoY)
-4.0%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Redmond different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Redmond's median home value — across all owner-occupied homes, not just recent sales — at $1,091,700. Separately, King County's current median listing price (via Realtor.com data, 2026-06-01) runs $850,000. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
King County's FHFA house price index shows a 0.89% annual change in 2025.
Population & Income
Redmond has an estimated population of 75,721 and a median household income of $162,099, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Redmond's Census-reported median home value works out to about 6.7x the area's median household income, and median gross rent runs roughly 17% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Redmond FAQ
What are home values like in Redmond, WA?
The Census Bureau's American Community Survey puts Redmond's median home value at $1,091,700. King County's current median listing price runs $850,000, down about 4.0% over the past year.
What is the population of Redmond, WA?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Redmond's population at approximately 75,721.
What's the median rent in Redmond, WA?
The Census ACS estimates median gross rent in Redmond at approximately $2,343 per month.
What is the median household income in Redmond, WA?
Census ACS data puts the median household income in Redmond at approximately $162,099.
Is the Redmond housing market growing?
King County's FHFA house price index shows a 0.89% annual change in 2025.
Is Redmond, WA affordable relative to income?
Census ACS data puts Redmond's median home value at about 6.7 times the median household income, with median gross rent equal to roughly 17% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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