Redmond, UT has a median housing value of $278,500 which is significantly lower than the US house median value of $338,100. However, Redmond has seen greater appreciation in the past year with an increase of 10.89% compared to the US house appreciation rate of 8.27%. Redmond continues to be an attractive market for buyers looking to purchase a home due to its affordable prices and growing value.
The median home cost in Redmond is $278,500. Home appreciation the last 10 years has been 166.8%. Home Appreciation in Redmond is up 16.1%.
Average Age of Homes
- The median age of Redmond real estate is 45 years old
The Rental Market in Redmond
- Renters make up 9.4% of the Redmond population
- 0.0% of houses and apartments in Redmond, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.