The story of this market
The typical home in ZIP 98052 sells for about $1,300,000, or $632 per square foot.
Prices are up +10% from a year ago, so sellers still have some momentum. Homes take about 19 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,405 a month.
ZIP 98052 — Redmond
The 98052 housing market remains highly competitive, driven by strong demand from the local technology workforce and limited inventory. While median prices have seen moderate year-over-year growth, the market is showing signs of stabilization with slightly longer days on market compared to the previous year. Overall, the area maintains robust property values supported by its status as a premier employment hub.
This ZIP is ideal for tech-sector professionals, families seeking high-quality schools, and commuters who prioritize proximity to major Eastside employment hubs.
Median prices moved up 10.0% year over year.
Homes spend a median of 19 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 97.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.7% · poverty 5.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 98052, King County WA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the Lake Washington School District, which is highly regarded for its academic performance and rigorous curriculum.
The region faces standard Pacific Northwest climate risks, including potential for windstorms and localized flooding, with insurance markets generally stable but sensitive to regional wildfire and seismic risk profiles.
Redmond serves as a major global technology hub, anchored by the Microsoft corporate headquarters, driving significant economic momentum and ongoing mixed-use development.
Property taxes are assessed by King County based on local millage rates; Washington State does not impose a personal income tax, though commercial properties are subject to state-level business and occupation taxes.
Residents benefit from proximity to SR-520 and I-405, providing direct access to Bellevue and Seattle employment centers, with transit options including Sound Transit bus services.
The area features extensive outdoor amenities including Marymoor Park, the Sammamish River Trail, and numerous neighborhood parks, alongside major shopping at Redmond Town Center.
The rental market is characterized by high demand driven by the local tech workforce, with steady rent levels and low vacancy pressure.
The economy is heavily dominated by the technology sector, with Microsoft serving as the primary anchor employer and a significant ecosystem of supporting tech and service firms.
The area is well-connected via the SR-520 corridor and is currently seeing infrastructure expansion related to the Sound Transit Link light rail extension.
Significant focus is placed on high-density, mixed-use development near the downtown core and future light rail stations.
King County Department of Assessments performs annual revaluations to ensure property assessments reflect current market values.
Parcels are subject to Lake Washington School District levies and various utility district assessments.
Property insurance premiums are influenced by regional seismic and wind risk factors, with standard coverage widely available.
Data retrieved from data.census.gov ZCTA 98052 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Remlinger Farms4.310.3 mi
- Sky Zone Trampoline Park4.116.3 mi
- Tukwila Family Fun Center & Bullwinkle's Restaurant4.315.3 mi
- Sky Zone Trampoline Park4.111.9 mi
- Round1 Bowling & Arcade415.9 mi
- T-Mobile Park4.711.4 mi
- Climate Pledge Arena4.511.5 mi
- Lumen Field4.611.2 mi
- Paramount Theatre4.710.7 mi
- Topgolf Renton4.112.8 mi
- Space Needle4.611.3 mi
- Pike Place Market4.611.2 mi
- Woodland Park Zoo4.610.8 mi
- Gas Works Park4.710.2 mi
- Kerry Park4.811.6 mi
- Pike Place Market4.611.2 mi
- Gas Works Park4.710.2 mi
- The Museum of Flight4.813.4 mi
- Chihuly Garden and Glass4.711.3 mi
- Museum of Pop Culture4.511.2 mi
- Gas Works Park4.710.2 mi
- Kerry Park4.811.6 mi
- Marymoor Park4.70.5 mi
- Seward Park4.810.6 mi
- Warren G. Magnuson Park4.76.3 mi
- Seattle Boat Company - Newport4.87.3 mi
- Newport Yacht Club4.67.4 mi
- Carillon Point4.84.2 mi
- Topgolf Renton4.112.8 mi
- Willows Run Golf Complex42 mi
- Interbay Golf Center4.512.2 mi
- The Golf Club at Newcastle4.49.4 mi
- Jackson Park Golf Course4.110.1 mi
- Bellevue Square4.55.5 mi
- Pike Place Market4.611.2 mi
- University Village4.68.4 mi
- Uwajimaya Seattle4.610.9 mi
- The District at Northgate410 mi
- Paine Field4.718.1 mi
- Seattle-Tacoma International Airport (SEA) Parking Garage3.417.8 mi
- King County International Airport - Boeing Field4.512.6 mi
- Kenmore Air - Lake Union4.610.7 mi
- Kenmore Air - Lake Washington4.58.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A massive regional park featuring sports fields, a velodrome, and concert venues.
An open-air shopping and dining district serving as a central community hub.
A major regional paved trail connecting Redmond to neighboring cities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.