Market data current as of May 2026. Information may change — verify before relying on it.
Redmond Market Snapshot
Figures reflect single-family detached medians sourced from NWMLS via Redfin, with Eastside-aggregate context from the Windermere W Report. Redmond saw a sharp January 2026 reset (covered in the blog) and the broader 2026 trend has been one of the more notable Eastside cooling stories. For current city-specific numbers, see the Seattle Housing Dashboard.
Single-family detached, May 2026. NWMLS via Redfin. All-residential and condo segments differ.
For live numbers and longer-term trend charts, see the Seattle Housing Dashboard.
Neighborhoods Buyers Ask About
Education Hill and Grasslawn
Established single-family neighborhoods with strong Lake Washington School District access and reasonable proximity to both Microsoft and downtown Redmond. Lot sizes are typically generous enough for ADU/DADU consideration. Education Hill in particular is one of Redmond's most consistent family-buyer markets.
Downtown Redmond, Overlake, and Marymoor
Increasingly dense with new condo and townhome inventory, transit-oriented around the new Redmond light rail (2024 Bellevue extension, full Redmond extension following). Buyer profile skews tech professionals, investors, and downsizers. The Marymoor / Microsoft Connector area sees the most condo and townhome supply.
Trilogy and Redmond Ridge (East Redmond)
Newer-construction master-planned communities with strong amenity packages, often farther from the city core but well-suited for tech families who prioritize a turnkey home and strong schools. Pricing varies with subdivision and lot.
Sammamish Plateau adjacent and Union Hill
More semi-rural feel with larger lots, strong privacy, and excellent ADU/DADU potential. Buyers here tend to be longer-term Eastside residents trading up for space and acreage rather than relocating tech professionals.
Schools and Commute
Redmond is served almost entirely by Lake Washington School District, with attendance areas for Redmond High, Eastlake High, and Inglemoor (small overlap) carrying meaningful pricing implications. STEM-focused magnet programs and the school district's reputation drive significant out-of-state buyer interest. Commute is the Redmond superpower: 5–15 minutes to Microsoft, 10–20 minutes to downtown Bellevue, and 25–35 minutes to downtown Seattle via 520. Sound Transit's Redmond light rail extension (Overlake station 2024, full Redmond extension 2025–2026) is changing which neighborhoods feel "transit-connected."
Who Buys in Redmond
Redmond buyers are dominated by Microsoft and broader tech-corridor employees: relocating professionals on H-1B/L-1 visas, families upgrading from Bellevue or Seattle, and longer-tenured Microsoft employees building or buying their forever home. Lake Washington School District is a near-universal priority. ADU-evaluating buyers tend to focus on Education Hill, Union Hill, and the Sammamish Plateau-adjacent neighborhoods where lots support it. Investors are increasingly active given Redmond's rental demand from tech professionals.
ADUs and DADUs in Redmond
Redmond allows both attached (AADU) and detached (DADU) accessory dwelling units, with rules covering size, setbacks, and parking. The city has been moving in the same general direction as Kirkland and Seattle, simplifying ADU rules and aligning with Washington State's 2026 ADU legislation. Redmond does not currently offer a pre-approved plan program at Kirkland's level, so design and permitting remain the longest steps. Lot qualification depends on size, setbacks, slope, utility connections, and tree retention rules. Education Hill, Grasslawn, and the Sammamish Plateau-adjacent areas tend to have the most ADU-viable lot stock.
For a deeper look at ADU and DADU rules, costs, financing, timelines, and red flags across the Eastside and Seattle, see the Eastside Seattle ADU & DADU Guide.
Latest Redmond Market Analysis
Kirkland Just Made ADUs Faster and More Predictable — Here's Why It Matters
Kirkland's Pre-Approved DADU Program gives homeowners a faster, cheaper path to adding a backyard unit. Here's how it shifts value for Eastside properties.
The Mortgage Math Most Buyers Miss: Purchase Price vs. Interest Rate
Both purchase price and interest rate matter when buying a home, but they impact your finances in very different ways. Depending on how long you own the home, one can matter much more than the other.
Mercer Island's February Reset Showed Why Prepared Buyers Should Watch Winter Windows
Mercer Island's median single-family sale price fell from $2,850,000 in January 2026 to $2,230,000 in February 2026 -- a 21.8% month-over-month drop. Even the Eastside's most expensive neighborhoods can open brief buying windows when winter demand softens.
Redmond's January Reset Was a Chance for Prepared Buyers Before Spring
Redmond's median single-family sale price fell from $1,780,000 in December 2025 to $1,389,995 in January 2026 -- a 21.9% month-over-month drop. Winter dips in a city like Redmond can be brief, making preparation essential.
Information current as of May 2026. Median prices, inventory figures, and market statistics reflect publicly available data at time of writing. For the latest numbers, see the Seattle Housing Dashboard. This page is informational only and does not constitute financial or real estate advice.
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