The median home in Redmond, Washington is valued at $1,348,208, down 1.3% year over year. Typical monthly rent is $2,349, producing a price-to-rent ratio of 47.8x — well above the national average of 18x. Redmond is part of the Seattle-Tacoma-Bellevue, WA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Seattle-Tacoma-Bellevue, WA stress score, crash risk, and 12-month forecast →

Home Value$1,348,208

-1.3%

Rent$2,349/mo

AFFORDABILITY

Enter your income for Redmond.

Income (annual)

Down Payment

$269,642 on $1,348,208

Out of reach — 128.6% of income

Need $344,357/yr to afford.

PITI$8,035

P/I128.6%

Afford$294K

Gap-$1055K

P&I $6,817Tax $1,101Ins $117

Renting $5,686/mo cheaper ($2,349 rent)6.50% 30yr, 20% down, county tax + WA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Washington

Compare Redmond with other housing markets across Washington.

Hunts Point$7980K Medina$4383K Yarrow Point$4207K Clyde Hill$4012K Beaux Arts Village$2758K Woodway$2301K Mercer Island$2243K Sammamish$1569K

Full Seattle-Tacoma-Bellevue, WA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Seattle-Tacoma-Bellevue, WA metro.

View Seattle-Tacoma-Bellevue, WA metro →

REDMOND, WA