Name: Redmond Real Estate Market Data
Creator: Propaired

Question 1

What is the median home price in Redmond, Utah in 2026?

Accepted Answer

As of April 2026, the median home price in Redmond, Utah is $410,000, which is 19.6% below the Utah state median of $510,000. Home prices in Redmond range from $225,000 to $775,000, with an average sale price of $469,000. These figures are based on recent closed transactions in the Redmond real estate market.

Question 2

Is Redmond, Utah a buyer's or seller's market?

Accepted Answer

Redmond, Utah is currently an active market. Key indicators include an average sale-to-list price ratio of 99.0% and homes spending an average of 60 days on the market. This means buyers may have some room to negotiate on price.

Question 3

How long do homes stay on the market in Redmond?

Accepted Answer

Homes in Redmond, Utah spend an average of 60 days on the market before going under contract compared to the Utah state average of 78 days (22.9% below average). This gives buyers time to carefully evaluate options and negotiate terms. Properties that are priced competitively and show well tend to sell fastest.

Question 4

How many homes are for sale in Redmond, Utah?

Accepted Answer

As of April 2026, there are 4 active homes for sale in Redmond, Utah. In the most recent reporting period, 4 transactions closed in Redmond. The inventory level can change quickly, so checking regularly helps buyers stay ahead of new opportunities.

Question 5

How does Redmond compare to the Utah state average?

Accepted Answer

Redmond home prices are 19.6% below the Utah state median of $510,000, with a local median of $410,000. Homes sell faster than the state average — 60 days in Redmond vs 78 days statewide (22.9% below average). The sale-to-list ratio is 99.0% locally vs 98.6% statewide.

Question 6

Are homes in Redmond more expensive than the Utah average?

Accepted Answer

No, homes in Redmond are more affordable than the Utah state average. The median home price in Redmond is $410,000, compared to the statewide median of $510,000 — a difference of $100,000 (-19.6%). This makes Redmond an attractive option for buyers seeking value in Utah.

Question 7

Do homes sell faster in Redmond than the rest of Utah?

Accepted Answer

Yes, homes in Redmond sell faster than the Utah average. The average days on market in Redmond is 60 days, compared to 78 days statewide (22.9% below average). This faster pace signals strong buyer demand in the area.

Question 8

What is the price range for homes in Redmond, Utah?

Accepted Answer

Homes in Redmond, Utah range from $225,000 to $775,000, with a median price of $410,000. The standard deviation is $246,094, indicating a wide spread of home values across neighborhoods. This range reflects the diversity of housing options available, from starter homes to luxury properties.

Question 9

What is the internet quality in Redmond, Utah?

Accepted Answer

Redmond has an average broadband download speed of 900 Mbps and 80% of homes have access to fiber internet. Top internet providers include CentraCom. This is above average for Utah, supporting remote work and streaming. Residents have an average of 8.2 provider options.

Question 10

What is the price per square foot in Redmond?

Accepted Answer

The median price per square foot in Redmond, Utah is $98. The average home size is 3,354 sqft. This metric helps compare value across neighborhoods and property types — a lower price per sqft may indicate better value, while higher prices often reflect premium locations or finishes.

Question 11

Is now a good time to buy a home in Redmond, Utah?

Accepted Answer

The 30-year mortgage rate is currently 6.42% and Utah's unemployment rate is 3.6%, with Redmond's market rated as "active." Prices are stabilizing. Strong demand means well-priced homes move quickly — being pre-approved helps. Market timing depends on your personal financial situation and goals.

Question 12

When is the best time to buy a home in Redmond?

Accepted Answer

Historically, February offers the most new listings in Redmond, giving buyers the widest selection. Spring (April–June) typically sees the most inventory while winter months often have less competition and potentially more motivated sellers. However, Utah's growing market means opportunities exist year-round. Set up alerts on Propaired to be notified when new listings match your criteria.

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Redmond Real Estate FAQ

Frequently Asked Questions About Redmond Real Estate

What is the median home price in Redmond, Utah in 2026?

Is Redmond, Utah a buyer's or seller's market?

How long do homes stay on the market in Redmond?

How many homes are for sale in Redmond, Utah?

How does Redmond compare to the Utah state average?

Are homes in Redmond more expensive than the Utah average?

Do homes sell faster in Redmond than the rest of Utah?

What is the price range for homes in Redmond, Utah?

What is the internet quality in Redmond, Utah?

What is the price per square foot in Redmond?

Is now a good time to buy a home in Redmond, Utah?

When is the best time to buy a home in Redmond?

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