Redmond, OR — Momentum Score, Home Values & Best-For

All states·Oregon·Redmond

Deschutes County · Bend · population 37,626

Growing fast
Redmond, OR
Image: Wikipedia · Redmond, Oregon
OverviewCost of livingMoving guide
View watchlist →
63
Rising
Momentum score · 0–100

Where Redmond stands

Population growing 3.1% per year.

Median home $516,562
1-year -0.7%
5-yr CAGR +3.7%
vs 5-yr peak -6.0%
Population +3.1%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2022-07$517k$244k$353k$462k$571k201620182020202220242026

Lifestyle scores

🚶
Walkability
32/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
22/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
87/100
Excellent for remote work
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$2,002/mo$1,550$1,836$2,122202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent102121100120202220242026

Rent vs buy

Price-to-rent ratio: 21.5
Lean rent

At a 21.5 price-to-rent ratio, the math is starting to lean toward renting in Redmond. Owner-occupier ROI requires longer holds and the assumption that prices keep appreciating roughly at the rate of rent.

How the momentum score breaks down

methodology →
Home YoY
46 · w22%
Home 5-yr CAGR
57 · w22%
Distance from peak
57 · w18%
Population growth
90 · w16%
Rent YoY
69 · w12%
Home 10-yr CAGR
75 · w10%
Long thesis

Redmond has held up across the cycle: home values at $516,562 with +3.7% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Redmond is a West Coast market off recent highs, and the regional fundamentals (taxes, regulation, out-migration) are still working against it. The bear case isn't that prices go to zero — it's that they don't recover meaningfully for years.

About Redmond

Redmond is a city in Deschutes County, Oregon, with an estimated population of 37,626. It anchors the Bend metro area. The population has grown 3.1% per year on average between 2020 and 2024 — among the faster-growing communities in the state. The median home value in Redmond is $516,562 as of 2026-04, down 0.7% over the last 12 months. Over the last five years, home values have averaged +3.7% annual growth (-6.0% from the 5-year peak). Rents in Redmond average $2,002 per month, up 3.6% year-over-year. The composite momentum score is 63 of 100 (Rising). The market is healthy with prices supported by underlying demand.

▲ Bull case

●People are voting with their feet: population growing 3.1% per year since 2020 — that’s faster than ~80% of US cities.
○The data is the data: Redmond has at least 5 years of Zillow tracking, full Census identification, and is included in the 2-criteria momentum score on this page.

▼ Bear case

○Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

About Redmond (Wikipedia)

Redmond is a city in Deschutes County, Oregon, United States. The population was 33,274 at the 2020 census, and according to 2023 census estimates, the city is estimated to have a population of 37,009.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

No active National Weather Service alerts for Deschutes County right now.

NWS active alerts (OR)Oregon Emergency ManagementHow to prepare (NWS)

Public-safety links are official .gov sources, not curated by us. Deschutes County routes NWS alerts; check the state EM portal for non-weather emergencies.

Cities like Redmond

Woodburn, OR67 · RisingNewberg, OR59 · StableLebanon, OR71 · RisingWilsonville, OR58 · Stable

Run the numbers for Redmond

ToolCan I afford Redmond?Income → city shortlistToolROI on a Redmond rentalCap rate, cash-on-cash, DSCRToolCompare Redmond to anywhereSide-by-side up to 3 citiesToolRedmond cost-of-livingEquivalent income elsewhere

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
47° / 35°
avg high / low
Summer (Jul)
82° / 53°
avg high / low
Sunny days/yr
178
~49% of year
Annual precip
28″ rain
12″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
Very low
Wildfire
High
Earthquake
High
Flood
Low

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Redmond listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local sports teams

Major professional teams the Bend area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Local economy & environment

Humidity
75%
Very humid climate
Median household income
$80,400
Oregon state median
Top industries (state-level)
Tech (Intel)ManufacturingForestry

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

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