Why Redmond, Oregon Is Central Oregon’s Best-Kept Secret for Homebuyers in 2026
Redmond, Oregon is one of the smartest places to buy a home in Central Oregon right now — offering the outdoor lifestyle, sunshine, and mountain access that draws people to the region, but at a price point that is significantly more attainable than nearby Bend. With a median sales price hovering around $499,500 as of early 2026, Redmond homes for sale come in roughly 30 to 35 percent below Bend’s median, which currently sits between $680,000 and $770,000 depending on the source.
So what does the Redmond housing market look like this spring?
According to recent MLS data, the median sales price in February 2026 came in at $499,500 — a modest 0.41% increase year-over-year, signaling a stable and healthy market rather than the wild swings buyers feared. Homes are moving faster too, averaging about 45 days on market compared to 95 days a year ago. As a trusted Central Oregon real estate expert, Donnie Eggers notes that this kind of steady appreciation paired with quicker sales is a strong sign for both buyers and sellers in Redmond.
What about mortgage rates in April 2026?
The 30-year fixed rate currently sits around 6.25%, according to the latest reports from CBS News and The Mortgage Reports. Inflation ticked up to 3.3% in the latest BLS reading, which keeps the Fed cautious about rate cuts for now. But Donnie Eggers of Nexus 360 Realty, who has helped countless families find their perfect home in Redmond, points out that buyers who act now lock in prices before seasonal demand picks up — and Redmond’s relative affordability gives more room in the monthly payment to absorb today’s rates.
Which Redmond neighborhoods are buyers watching?
The hottest areas in 2026 include Dry Canyon, where trail access and limited inventory keep demand high, Canyon Rim Village for families who want newer construction near schools, Fieldstone Crossing, Old Town for walkability and character, and Obsidian Trails. Many newcomers on community forums mention that Redmond’s proximity to Smith Rock State Park, milder winters compared to Bend, and a growing downtown dining and brewery scene sealed the deal for them.
Is Redmond, Oregon a good place to live?
The short answer is yes — especially if you want Central Oregon’s lifestyle without Central Oregon’s highest price tags. The city is growing thoughtfully, with new development balanced by access to open space and outdoor recreation. Redmond also has its own regional airport, making travel easy for remote workers relocating from out of state.
Whether you’re moving to Central Oregon from out of state, looking for your first home, or considering Redmond as an investment opportunity, Donnie Eggers and the Nexus 360 Realty team are here to guide you through every step with patience and local expertise. Reach out today for a no-pressure consultation — Donnie is always happy to chat about the Redmond market.
