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Rent To Own Homes in Redmond, WA

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3 Ne-union-hill-rd-Redmond-WA-98053
Preforeclosure
$1,056,231 EMV

Ne Union Hill Rd
Redmond, WA 98053

3 Bed | 2 Bath | 2,860 Sq. Ft.

Ne-97th-pl-Redmond-WA-98053
Preforeclosure
$1,453,837 EMV

Ne 97th Pl
Redmond, WA 98053

3 Bed | 3 Bath | 3,380 Sq. Ft.

230th-way-ne-Redmond-WA-98053
Preforeclosure
$1,388,843 EMV

230th Way Ne
Redmond, WA 98053

4 Bed | 3 Bath | 3,370 Sq. Ft.

Displaying 1 - 3 of 3
 

Home Value Estimator For Redmond, WA

There are currently 25,278 real estate properties in Redmond, WA, with a median automated valuation model (AVM) price of $1,160,100.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Redmond, WA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Redmond, WA, is $1,168,880.00, with the most expensive house in Redmond, WA, topping out at $53,172,200.00 and the cheapest home in Redmond, WA, clocking in at $242,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Redmond, WA!


Rent Prices In Redmond, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Redmond, WA, is on a rollercoaster ride. The average rent price in Redmond, WA, is $2,766.00. Indeed, when looking to rent in Redmond, WA, you can expect to pay as little as $1,100.00 or as much as $6,560.00, with the average rent median estimated to be $2,760.00. The good news is that finding an affordable and desirable property to rent in Redmond, WA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Foreclosure Homes in Redmond, WA

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Redmond, WA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Redmond, WA and much more. Save thousands at closing with home foreclosure listings in Redmond, WA — up to 75% off market value!


Top Reasons To Live In Redmond, WA In 2021

Redmond is located in King, Washington, with an estimated municipal population of 71,929 residents. All of the best foreclosed homes for sale in Redmond are located in the following zip code areas on Foreclosure.com: 98052 98073. The estimated population per square kilometer (.62 miles) in Redmond is 1,676.


Cost Of Living In Redmond, WA

So, about how much do homes cost in Redmond? The most recent median value of resident-owned homes in Redmond is 704,169. An estimated 50 percent of households in Redmond own their homes, with an average family size of 2.99. The median household income in Redmond is 132,188, with64.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Redmond, the median commute time of resident workers (in minutes) is 24.2. And last, but certainly not least, are you looking for homes to rent in Redmond? If so, the average rent price paid by renters in Redmond is 1,929, according to recent statistics.


Diversity And Demographics In Redmond, Washington

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Redmond, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Redmond is 34.5, split between 50.9 percent male versus 49.1 female. The percentage of residents who report being married in Redmond is 62.1, with an average family size of 2.99.

The percentage of residents who report their race in Redmond is as follows:

White 55%
Black / African American 1.8%
Asian 36.4%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0.2%
Multi-racial 4.7%
Other 1.6%

Looking for family-friendly neighborhoods in and/or near Redmond? Or maybe you are searching for 55+ active adult communities in and/or near Redmond?

The percentage of residents who report their age in Redmond is as follows:

Under 10 14.6%
Aged 10-19 9.2%
20s 14.4%
30s 23.4%
40s 14.9%
50s 8.7%
60s 7.9%
70s 4.3%
80+ 2.9%

Best Schools In Redmond, Washington

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Redmond with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Redmond.


Pros And Cons Of Living In Redmond, Washington

How do you know that living in -- or moving to -- Redmond is right where you need to be? Perhaps you grew up in Redmond or already live nearby; therefore, the decision to buy a home in Redmond is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Redmond for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Redmond:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Redmond.


Reasons To Move To Redmond, Washington, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Redmond can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Redmond, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Redmond, WA

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