Redmond, WA Real Estate
According to census data in the year 2000 there were 20,296 housing units in Redmond.
This represents a 35.6% growth from 14,972 in 1990.
Of those housing units, 20,288 were located in either urbanized areas or urban clusters, and 8 were located in what is classified as a rural area.
Homeownership rate in Redmond is about 55.3%.
Redmond's vacancy rate, including seasonal lodging, is about 5.7%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Redmond were built after 1982.
|Housing Units by Size|
|Five Bedrooms or more||4.40%|
Owned Homes, Apartments and Condos
|Average Household Size||2.53|
|Median year structure was built||1978|
|Median Value of occupied units||$269,400|
|Median Price asked for vacant units||$284,200|
Rented Homes, Apartments and Condos
|Average Household Size||2.08|
|Median year structure was built||1986|
|Median Monthly Rent asked for vacant units||$996|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||12.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20.5%|