Homes for Sale in Redmond, WA: What $700K–$1M Gets You Right Now

If you're searching for homes for sale in Redmond, WA, you've likely already noticed something: your dollar goes further here than in Bellevue or Kirkland. That's not an accident — and it's not a compromise.

Redmond combines newer construction, more square footage per dollar, excellent schools, outstanding trail access, and the home base of Microsoft — all at price points that remain accessible for buyers who've been priced out of central Bellevue. In 2026, it continues to be one of the most compelling value propositions on the entire Eastside.

Here's what the market looks like right now, and what you can realistically expect at each price point.


The Redmond market in mid-2026

  • Median single-family home price: approximately $900K–$1.1M depending on neighborhood and year built
  • Townhomes: $650K–$850K for most available inventory
  • Condos: $500K–$700K
  • Days on market for well-priced homes: 10–20 days
  • Construction vintage: a higher proportion of newer builds (2000s–2020s) than Bellevue or Kirkland, which is a significant appeal for buyers who want modern systems and layouts

The Redmond market has been stable with modest appreciation in 2026. Demand from tech-sector employees remains consistent — Microsoft's global HQ and dozens of affiliated companies create a buyer base that's geographically concentrated and financially capable.


What $700K–$1M actually gets you in Redmond

$700K–$800K This is Redmond's most competitive price band. You'll find well-maintained 3-bedroom townhomes in the Overlake and Redmond Town Center areas — often with modern finishes, attached garages, and trail access. In some Kingsgate and southern Redmond locations, older single-family homes (1980s–1990s vintage) with good bones appear at this price. Expect competition on anything priced accurately.

$800K–$900K Your options expand meaningfully. Single-family homes in Education Hill, Grass Lawn, and northern Redmond become accessible — 3–4 bedrooms, often with yards, garages, and the community character that families move here for. Some homes in this range have been recently updated; others offer a blank canvas at a favorable price. This is the range where Redmond provides the most clear value advantage over comparable Kirkland inventory.

$900K–$1M Newer construction enters the picture in earnest. This price point accesses 4-bedroom homes in Education Hill and the Bear Creek corridor, some built in the last 10–15 years with open floor plans, energy-efficient systems, and contemporary finishes. The lifestyle premium here — space, modern systems, trail access, minimal maintenance — is significant.


Redmond's strongest neighborhoods for this budget

Education Hill The benchmark family neighborhood in Redmond. Excellent Lake Washington School District access, established community identity, consistent demand, and good long-term appreciation. Homes here hold value because the fundamentals are durable: schools, community, location.

Overlake The tech-campus neighborhood. Walking or biking distance to Microsoft, proximity to the East Link light rail station, newer construction throughout, and a demographic that skews toward tech workers and younger families. Best for buyers who want to minimize commute.

Grass Lawn More space, slightly more suburban feel, Grass Lawn Park as a community anchor. This area attracts buyers who want a yard and room to breathe while staying within easy reach of Redmond's commercial core. Consistent value.

Redmond Town Center area Walkability to daily needs — grocery, restaurants, coffee — plus direct Sammamish River Trail access. A mix of condos, townhomes, and some single-family homes. The upcoming light rail connectivity increases this area's long-term appeal.

Novelty Hill Eastern Redmond's more rural-feeling edge. Larger lots, newer construction from the 2000s–2010s, and a quieter lifestyle. Slightly longer drives to commercial areas, but the space and newness of construction are genuine selling points for the right buyer.


The Redmond vs. Bellevue value comparison

At the same budget, Redmond typically delivers:

  • More square footage (often 15–25% more)
  • Newer construction vintage
  • Larger lot sizes
  • Less traffic pressure in daily life
  • Comparable or better school quality (Lake Washington SD is excellent)

What Bellevue delivers at the same budget:

  • A more prestigious address
  • Higher long-term appreciation history
  • More walkable urban amenities in some neighborhoods

For buyers who are value-conscious and plan to be in their home for 7–10+ years, the Redmond calculus is often compelling. For buyers for whom the Bellevue address matters or whose social and professional networks are anchored downtown, the premium may be worth it.

Neither answer is wrong — it's a lifestyle and financial tradeoff that depends on your specific situation.


Commute and connectivity

One of Redmond's structural advantages is the reverse commute dynamic. With Microsoft, Amazon Redmond, and dozens of tech and biotech companies headquartered here, many buyers are commuting to Redmond — not from it. For tech workers whose offices are in Redmond, this eliminates the westbound I-405 and SR-520 congestion that Bellevue and Kirkland buyers navigate daily.

The East Link light rail further changes Redmond's connectivity story. The Overlake Village and Redmond Technology stations provide direct rail access to Bellevue and Seattle, reducing car dependency for buyers who work or socialize in those corridors.


Schools in Redmond

The Lake Washington School District, which serves most of Redmond, is one of the most highly regarded in Washington State. Key high schools include:

  • Redmond High School — serves much of central and western Redmond
  • Eastlake High School — serves Redmond's eastern areas and portions of Sammamish
  • Lake Washington High School — serves some western Redmond addresses

As with all Eastside markets: verify school assignment for your specific address. District lines don't always follow neighborhood boundaries intuitively.


Ready to search Redmond homes?

Our agents at Tribeca NW know Redmond's neighborhoods in depth — which streets have the best trail access, which school boundaries to watch, and where the value plays are sitting in the current inventory.

Start your Redmond home search with Tribeca NW →


Tribeca NW Real Estate serves buyers and sellers across Redmond, Bellevue, Kirkland, and the greater Eastside. 1,508 homes closed. 800+ five-star reviews on Google and Zillow.

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