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Redmond, WA
Full City Profile · Washington · Kitsap County County
3.4
/5.0
B
Good
75,721
Population
4,570/sq mi density
$162,099
Median Income
$89,026 per capita
$1,091,700
Home Value
$1,374,110 Zillow
$2,343
Median Rent
23.0% income on rent
53°F
Avg Temperature
249 sunny days/yr
102
Violent Crime/100K
2,656 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$162,099 median income, 3.0% unemployment
C+
Affordability
2.9 / 5.0
$1,091,700 home value, $2,343/mo rent
F
Safety
1.0 / 5.0
102 violent crimes/100K
A+
Education
5.0 / 5.0
74.7% bachelor's degree or higher
Housing Overview
Median Home Value
$1,091,700
287% above
US avg: $281,900
Median Rent
$2,343/mo
101% above
US avg: $1,163/mo
Homeownership Rate
45.2%
31% below US avg (65.4%)
Total Housing Units
31,762
Median year built: 1991
Home Value by Source
Census Median
$1,091,700
Zillow (ZHVI)
$1,374,110
Median Sale Price
$1,532,500
Median List Price
$1,350,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
45.2%
Owner-Occupied
54.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,082/mo
1 Bedroom
$1,180/mo
2 Bedroom
$1,472/mo
3 Bedroom
$2,003/mo
4 Bedroom
$2,351/mo
Census median rent:
$2,343/mo
· Zillow rent:
$2,355/mo
Market Indicators (Redfin)
Median Days on Market
28 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
32
Price Drops
34.0%
of listings with price reduction
Price Per Sq Ft
$632
Active Inventory
100
homes for sale
Affordability & Housing Stock
Rent Burden
23.0%
of renters spending 30%+ of income on housing
26% below US avg (31.0%)
Median Year Built
1991
Average age of housing stock: 35 years
Homeownership Rate
45.2%
Complete Housing Data
Home Values
| Census Median Value | $1,091,700 |
| Zillow Home Value (ZHVI) | $1,374,110 |
| Median Sale Price | $1,532,500 |
| Median List Price | $1,350,000 |
| Price Per Sq Ft | $632 |
Rent
| Census Median Rent | $2,343 |
| Zillow Rent (ZORI) | $2,355 |
| FMR Studio | $1,082 |
| FMR 1-Bedroom | $1,180 |
| FMR 2-Bedroom | $1,472 |
| FMR 3-Bedroom | $2,003 |
| FMR 4-Bedroom | $2,351 |
Market
| Days on Market | 28 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 34.0% |
| Homes Sold | 32 |
| Active Inventory | 100 |
| Price Per Sq Ft | $632 |
Ownership & Stock
| Owner-Occupied | 45.2% |
| Renter-Occupied | 54.8% |
| Homeownership Rate | 45.2% |
| Total Housing Units | 31,762 |
| Median Year Built | 1991 |
| Rent Burden | 23.0% |