Home ValuePros

Market Intelligence · WA / Redmond

Redmond, WA 98053 Housing Market

The typical home value in Redmond, WA 98053 is $1,426,457, down 3.7% over the past year as of 2026-07-01. The median list price is $1,490,000, and homes are spending a median of 51 days on market as of 2026-08-01.

Updated August 2026Median value$1392K

The median home value in Redmond, WA 98053 is $1.39M as of August 2026, down 3.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 98053 range

$1.28M to $1.5M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-3.4% over 12 months

Typical home value in 98053 over the last 12 months: $1.44M in Aug 2025 to $1.39M in Aug 2026 (-3.4%).

Aug 2025$1.44M

Aug 2026$1.39M

The numbers

What is the 98053 housing market like?

Typical home value

$1.39M

Down3.4%YoY

Median list price

$1.49M

Down0.3%MoM

Days on market

51

Up15.9%MoM

Homes for sale

106

Up1.9%MoM

Price cuts

20.3%

Up23.0%MoM

New listings

24

Down36.8%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 98053 home prices compare?

  • 98053$1,392,078
  • Redmond$1,335,515
  • Washington$500,124
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Redmond: 2 ZIPs; Washington: 485 ZIPs; United States: 26,265 ZIPs).

Context

There are 106 homes for sale in 98053 as of 2026-08-01, with 24 new listings coming to market. The median days on market is 51, so homes are taking some time to sell. Meanwhile, 20.3% of listings have taken a price cut. The typical home value sits at $1,426,457, down 3.7% over the past year. For a seller, the data points to a softening market where realistic pricing matters more than aiming high.

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