USA.com / Washington / King County / Redmond, WA / Housing

Redmond, WA Housing

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As of 2010-2014, median price of a house in Redmond is $462,200, which is much higher than the state average of $257,200 and is much higher than the national average of $175,700. The Redmond median house value has grown by 71.57% since 2000. The growth rate for the price of a house in Redmond is higher than the state average rate of 52.82% and is higher than the national average rate of 46.91%. The median year that a house in Redmond was built is 1988, which is newer than the median year for a house built in the state which is 1980 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 11,977 Owner Occupied Houses in Redmond, WA, #26

Redmond, WA	462,200 USD
Washington	257,200 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #102

Redmond, WA	71.57%
Washington	52.82%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Redmond, WA	Washington	U.S.
Total Housing Units	25,017, see rank, 100%	2,921,364	132,741,033
Occupied Housing Units	23,520, 94.02%, see rank	90.55%	87.55%
Owner Occupied	11,977, 47.88%, see rank	56.77%	56.34%
Renter Occupied	11,543, 46.14%, see rank	33.78%	31.21%
Vacant Housing Units	1,497, 5.98%, see rank	9.45%	12.45%
For Rent	310, 1.24%, see rank	1.80%	2.34%
For Sale Only	44, 0.18%, see rank	1.09%	1.20%
Rented or Sold, Not Occupied	426, 1.70%, see rank	0.74%	0.92%
For Seasonal, Recreational, or Occasional Use	280, 1.12%, see rank	3.19%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.03%	0.03%
Other Vacant	437, 1.75%, see rank	2.59%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #133

Redmond, WA	Washington	U.S.
1988	1980	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Redmond, WA	%	Washington	U.S.
Owner-Occupied Units	11,977	100%	1,658,540	74,787,460
With a Mortgage	9,068	75.71%, see rank	70.72%	65.58%
Without a Mortgage	2,909	24.29%, see rank	29.28%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Redmond, WA	2,385 USD
Washington	1,764 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Redmond, WA	%	Washington	U.S.
$299 or Less	8	0.09%, see rank	0.23%	0.20%
$300 to $499	38	0.42%, see rank	0.99%	1.59%
$500 to $699	64	0.71%, see rank	2.61%	5.01%
$700 to $999	222	2.45%, see rank	8.20%	14.32%
$1,000 to $1,499	964	10.63%, see rank	24.12%	27.90%
$1,500 to $1,999	1,652	18.22%, see rank	25.18%	20.35%
$2,000 to $2,999	3,764	41.51%, see rank	26.99%	19.52%
$3,000 or More	2,356	25.98%, see rank	11.68%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Redmond, WA	21.40% of the Total Income
Washington	24.90% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Redmond, WA	%	Washington	U.S.
10% or Less	686	7.57%, see rank	4.79%	5.86%
10% to 20%	3,479	38.37%, see rank	28.34%	31.95%
20% to 30%	2,082	22.96%, see rank	30.04%	27.64%
30% to 40%	1,287	14.19%, see rank	15.82%	13.74%
40% or More	1,513	16.69%, see rank	20.55%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Redmond, WA	713 USD
Washington	509 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Redmond, WA	%	Washington	U.S.
$199 or Less	155	5.33%, see rank	6.36%	7.76%
$200 to $299	89	3.06%, see rank	10.10%	14.70%
$300 to $499	379	13.03%, see rank	32.25%	34.63%
$500 to $699	772	26.54%, see rank	27.26%	21.16%
$700 or More	1,514	52.05%, see rank	24.02%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Redmond, WA	10.10% of the Total Income
Washington	12.00% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Redmond, WA	%	Washington	U.S.
10% or Less	1,404	48.26%, see rank	41.38%	40.19%
10% to 20%	753	25.89%, see rank	32.56%	31.47%
20% to 30%	444	15.26%, see rank	11.58%	12.24%
30% to 40%	112	3.85%, see rank	5.08%	5.64%
40% or More	129	4.43%, see rank	8.32%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Redmond, WA	Washington	U.S.
Total Housing Units	25,017, 100%	2,921,364	132,741,033
1-unit, Detached	10,213, 40.82%, see rank	63.44%	61.65%
1-unit, Attached	2,183, 8.73%, see rank	3.63%	5.82%
2 Units	204, 0.82%, see rank	2.63%	3.75%
3 or 4 Units	1,610, 6.44%, see rank	3.76%	4.43%
5 to 9 Units	2,373, 9.49%, see rank	4.76%	4.78%
10 or More Units	7,948, 31.77%, see rank	14.55%	13.08%
Mobile Home, Boat, RV, Van, etc.	486, 1.94%, see rank	7.22%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Redmond, WA	Washington	U.S.
Total Housing Units	25,017, 100%	2,921,364	132,741,033
1 Room	551, 2.20%, see rank	2.33%	1.95%
2 Rooms	1,721, 6.88%, see rank	3.74%	2.48%
3 Rooms	4,086, 16.33%, see rank	9.41%	9.13%
4 Rooms	4,893, 19.56%, see rank	16.24%	16.60%
5 Rooms	3,002, 12.00%, see rank	18.01%	20.41%
6 Rooms	3,262, 13.04%, see rank	16.48%	18.06%
7 Rooms	2,349, 9.39%, see rank	12.37%	12.27%
8 Rooms	1,911, 7.64%, see rank	9.01%	8.48%
9 Rooms or More	3,242, 12.96%, see rank	12.40%	10.60%
Median Rooms	4.90, see rank	5.50	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Redmond, WA	Washington	U.S.
Total Housing Units	25,017, 100%	2,921,364	132,741,033
No Bedroom	602, 2.41%, see rank	2.68%	2.17%
1 Bedroom	4,804, 19.20%, see rank	11.98%	11.16%
2 Bedrooms	7,755, 31.00%, see rank	26.31%	26.69%
3 Bedrooms	6,247, 24.97%, see rank	37.85%	39.70%
4 Bedrooms	4,277, 17.10%, see rank	16.58%	16.05%
5 or More Bedrooms	1,332, 5.32%, see rank	4.60%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Redmond, WA	Washington	U.S.
Total Housing Units	23,520, 100%	2,645,396	116,211,092
Utility Gas	10,426, 44.33%, see rank	35.08%	48.85%
Bottled, Tank, or LP Gas	114, 0.48%, see rank	3.08%	4.86%
Electricity	12,608, 53.61%, see rank	53.93%	36.68%
Fuel Oil, Kerosene, etc.	114, 0.48%, see rank	2.50%	5.86%
Coal or Coke	0, 0.00%, see rank	0.01%	0.12%
Wood	170, 0.72%, see rank	4.39%	2.12%
Solar Energy	0, 0.00%, see rank	0.03%	0.05%
Other Fuel	34, 0.14%, see rank	0.63%	0.47%
No Fuel Used	54, 0.23%, see rank	0.36%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Redmond, WA	Washington	U.S.
Occupied Units Paying Rent	11,250, 100%	947,896	39,201,928
$199 or Less	154, 1.37%, see rank	1.39%	1.50%
$200 to $299	164, 1.46%, see rank	2.49%	3.18%
$300 to $499	42, 0.37%, see rank	4.91%	7.37%
$500 to $699	266, 2.36%, see rank	11.75%	16.01%
$700 to $999	925, 8.22%, see rank	29.99%	29.17%
$1,000 to $1,499	4,666, 41.48%, see rank	31.43%	26.88%
$1,500 to $1,999	3,288, 29.23%, see rank	12.13%	9.79%
$2,000 or More	1,745, 15.51%, see rank	5.91%	6.10%
Median	$1,445, see rank	$995	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Redmond, WA	Washington	U.S.
Occupied Housing Units	23,520, 100%	2,645,396	116,211,092
No Vehicles Available	1,586, 6.74%, see rank	6.97%	9.12%
1 Vehicles Available	10,239, 43.53%, see rank	30.97%	33.80%
2 Vehicles Available	8,749, 37.20%, see rank	38.05%	37.48%
3 or More Vehicles Available	2,946, 12.53%, see rank	24.01%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.