RexMontReal Estate

Downtown Redmond real estate.

Redmond's urban core, with modern condos and apartments near the Bear Creek Trail, light rail, and diverse retail centers.

Median sale price
$1.2M
Days on market
34

Live NWMLS data · zip 98052 · May 2026

About Downtown Redmond

Downtown Redmond has undergone a quiet transformation over the past decade — what was once a low-key bedroom community is now a legitimate urban district, anchored by Redmond Town Center, an active restaurant and bar scene on Cleveland Street, and direct East Link light rail access connecting to Seattle and the airport.

The housing stock is evolving rapidly: new mixed-use condo and apartment towers are being added alongside the original stock of 1960s–1980s single-family homes. This makes Downtown Redmond unusual — buyers can choose walkable urban density or traditional suburban lots, often within the same neighborhood boundaries.

The Microsoft campus proximity is the central economic driver, but Amazon, Meta, and other tech employers have significant Eastside presences nearby. Downtown Redmond has become the preferred address for tech workers who want urban walkability with Eastside pricing that still undercuts comparable Bellevue addresses.

Median Sale Price

$1.2M

$611/sqft · 34 days on market

310 active listings · updated May 2026

Schools

Lake Washington School District; Mann Elementary, Redmond Middle School, Redmond High School

Commute

Walking distance to Redmond Transit Center and East Link light rail. 15 min to Microsoft main campus. 20 min to Overlake. 30–35 min to Seattle.

Common questions about Downtown Redmond real estate

What is the median sale price in Downtown Redmond?
The current median sale price in the Downtown Redmond zip code is $1.2M ($611 per square foot), based on the most recent NWMLS data refreshed May 2026. Typical asking prices in Downtown Redmond run Condos $650K–$1.4M, single-family $1.1M–$2.5M.
How competitive is the Downtown Redmond real estate market right now?
Median days-on-market in Downtown Redmond is currently 34 days, with 310 active listings tracked in this zip code as of May 2026. Buyers generally have time to evaluate properties without same-day pressure, though best-in-class homes still attract competition.
Which schools serve Downtown Redmond?
Lake Washington School District; Mann Elementary, Redmond Middle School, Redmond High School. School attendance areas are reviewed annually by the district — verify your exact address at seattleschools.org/admissions before relying on assignments for a purchase decision.
What is the commute like from Downtown Redmond?
Walking distance to Redmond Transit Center and East Link light rail. 15 min to Microsoft main campus. 20 min to Overlake. 30–35 min to Seattle.
How do I buy or sell a home in Downtown Redmond?
RexMont's agents represent buyers and sellers across Downtown Redmond and the broader Redmond market. For buyers, we provide curated active listings, off-market opportunities, and a tailored offer strategy. For sellers, we prepare an agent-reviewed valuation and a custom listing plan. Reach the team via the contact links on this page.