Home prices
The median home in Redmond is valued at $258,300. Compared to other places in this area it is roughly $93,740 (26%) lower.It is roughly $40,800 (18%) higher in comparison to the nation as a whole, and compared to the city of Bend is about $126,500 (32%) lower.
Rents
The median monthly rent in Redmond is $1,090. In comparison to other places in this area this is about $134 (10%) lower.It is roughly $28 (2%) higher compared to the country as a whole, and is approximately $186 (14%) lower compared to the city of Bend.
Nearby places
Eagle Crest
Eagle Crest is about 5 miles west of Redmond. The real estate prices there are significantly more expensive. Eagle Crest's median home value is $467,100, which comes out to $208,800 (44%) higher than Redmond. Rents there are significantly more expensive. In Eagle Crest the median rent is $1,742 a month, which comes out to $652 (37%) higher than Redmond.
Terrebonne
Terrebonne is roughly 5 miles north from Redmond. Housing prices there are a bit less expensive. Terrebonne's median home price is $231,800, which works out to $26,500 (11%) lower than Redmond. The rent there is a little less expensive. The median rent in Terrebonne is $917 a month, which works out to $173 (18%) lower than Redmond.
Tumalo
Tumalo is about 9 miles southwest from Redmond. Housing prices there are significantly more expensive. The median home in Tumalo costs $609,900, which comes out to $351,600 (57%) higher than Redmond. Rent there is a little more expensive. The median rent in Tumalo is $1,435 a month, which is $345 (24%) higher than Redmond.
Crooked River Ranch
Crooked River Ranch is roughly 10 miles north of Redmond. The real estate prices there are fairly similar. The median home value in Crooked River Ranch is $262,900, which comes out to $4,600 (1%) higher than Redmond. The rent there is a little more expensive. Crooked River Ranch's median rent is $1,189 per month, which is $99 (8%) higher than Redmond.
Prineville
Prineville is about 13 miles east from Redmond. The real estate prices there are substantially less expensive. The median home in Prineville is valued at $188,500, which is $69,800 (37%) lower than Redmond. Rents there are a bit less expensive. The median monthly rent in Prineville is $837, which is $253 (30%) lower than Redmond.
