Home prices
Redmond's median home value is $703,000. In comparison to its surrounding areas this is about $550,900 (43%) lower.It is about $485,500 (223%) higher in comparison to the nation as a whole, and it is about $39,900 (6%) higher compared to the city of Seattle.
Rents
The median rent in Redmond is $1,929 per month. Compared to other places in this area it is about $440 (18%) lower.Compared to the United States as a whole it is roughly $867 (81%) higher, and it is approximately $315 (19%) higher compared to the city of Seattle.
Nearby places
Union Hill-Novelty Hill
Union Hill-Novelty Hill is Redmond's neighbor to the east. Its real estate prices are a bit more expensive. Union Hill-Novelty Hill's median home value is $809,000, which works out to $106,000 (13%) higher than Redmond. Rent there is pretty similar. Union Hill-Novelty Hill's median rent is $1,989 a month, which works out to $60 (3%) higher than Redmond.
Kirkland
Kirkland is Redmond's neighbor to the west. The housing prices there are somewhat less expensive. The median home cost in Kirkland is $662,300, which is $40,700 (6%) lower than Redmond. The rent there is similar. The median monthly rent in Kirkland is $1,861, which comes out to $68 (3%) lower than Redmond.
Cottage Lake
Cottage Lake is Redmond's neighbor to the north. Its housing prices are a little more expensive. The median home in Cottage Lake costs $798,200, which comes out to $95,200 (11%) higher than Redmond. Its rents are fairly similar. Cottage Lake's median rent is $1,992 per month, which is $63 (3%) higher than Redmond.
Yarrow Point
Yarrow Point is roughly 4 miles west of Redmond. Its real estate prices are significantly more expensive. The median home cost in Yarrow Point is $2,000,001, which comes out to $1,297,001 (64%) higher than Redmond. Rent there is a lot more expensive. Yarrow Point's median rent is $3,501 per month, which comes out to $1,572 (44%) higher than Redmond.
Hunts Point
Hunts Point is about 4 miles southwest from Redmond. The housing prices there are a lot more expensive. The median home price in Hunts Point is $2,000,001, which works out to $1,297,001 (64%) higher than Redmond. Rent there is somewhat more expensive. The median monthly rent in Hunts Point is $2,500, which comes out to $571 (22%) higher than Redmond.
