Is Redmond, UT 84652 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Redmond is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list97.5%Sold price ÷ list price
Median days on market73Listing to accepted offer
Median price per sq ft$215▲ +67.0% vs. last year

The Redmond housing market right now

In the three months ending August 31, 2026, 50% of homes in Redmond, UT 84652 sold above their list price, the typical home went under contract in 73 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (231 days then) and the median sale price fell 37% to $267,384. Overall, Redmond is more competitive than a year ago, so tougher for buyers.

Within Sevier County, homes here sell more slowly than in 56% of the county’s ZIP codes, and sell more often over asking than in 78%.

Nearby, buyers who want less competition could look at Koosharem 84744 (0% sold over asking) or Sigurd 84657 (0% sold over asking), while Glenwood 84730 (100% sold over asking) and Joseph 84739 (100% sold over asking) are even more competitive.

Nearby markets

Annabella 84711 — /sq ftAurora 84620 $130 /sq ftElsinore 84724Buyer’s market $249 /sq ftGlenwood 84730Seller’s market $284 /sq ft Browse all markets →

Where Redmond is

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Questions about Redmond real estate

Is Redmond a buyer’s or seller’s market?

A buyer’s market: there were 9.6 months of supply in Redmond, UT 84652 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Redmond?

The typical home went under contract in 73 days in the latest three months.

Do homes in Redmond sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 97.5% of the list price.

What are property taxes in Redmond?

About 0.54% of a home’s value a year in Sevier County, or roughly $2,160 on a $400,000 home.

What is the median home price in Redmond?

The median sale price was $267,384 in the three months ending August 31, 2026, about $215 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology