Redmond, WA Real Estate

According to census data in the year 2000 there were 20,296 housing units in Redmond. This represents a 35.6% growth from 14,972 in 1990.

Of those housing units, 20,288 were located in either urbanized areas or urban clusters, and 8 were located in what is classified as a rural area.

Homeownership rate in Redmond is about 55.3%. Redmond's vacancy rate, including seasonal lodging, is about 5.7%. Average household size is 2.33 people.

The majority of houses, apartments or condos in Redmond were built after 1982.


Housing Size

Housing Units by Size
Studio Type2.70%
One Bedroom17.40%
Two Bedrooms32.60%
Three Bedrooms25.50%
Four Bedrooms17.50%
Five Bedrooms or more4.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1978
Median Value of occupied units$269,400
Median Price asked for vacant units$284,200

Rented Homes, Apartments and Condos

Average Household Size2.08
Median year structure was built1986
Median Monthly Rent asked for vacant units$996

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage8.30%
Home Equity Loan12.10%
Simple Mortgage63%
Debt Free16.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.5%