What are the most expensive neighborhoods in Redmond, WA?

The neighborhoods with the highest median home values in Redmond, WA include: North Redmond ($2,044,109), Overlake ($1,480,758), Idylwood ($1,448,105), Education Hill ($1,316,906), Grass Lawn ($1,200,295).

What are the most affordable neighborhoods in Redmond, WA?

The neighborhoods with the lowest median home values in Redmond, WA include: Bear Creek ($720,483), Downtown ($836,875), SE Redmond ($989,896), Rose Hill ($1,105,863), Grass Lawn ($1,200,295).

Overlake, WA Housing Market

$1,401,372

5.6% 1-yr

The average Overlake, WA home value is $1,401,372, down 5.6% over the past year. (Updated on 8/31/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Overlake Key Takeaways

Typical Home Values: $1,401,372

1-Year Value Change: -5.6%

(Data through August 31, 2026)

Overlake Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 11 (August 31, 2026)

New Listings: --

Median Sale to List Ratio: --

Median Sale Price: --

Median List Price: --

Percent of Sales Over List Price: --

Percent of Sales Under List Price: --

Median Days to Pending: --

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

NameMedian ZHVI
Interlake$1,341,945
Marymoore--
Bridle Trails$1,355,056
Idylwood$1,385,173
Grass Lawn$1,172,991
Crossroads$1,013,191
Downtown$807,881
Tam O'Shanter$1,460,759
Bridle Trails$1,904,437

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Overlake Rental Market Trends

Average Rent: --

National Average Rent: $1,948 (August 31, 2026)

Month-Over-Month Change: --

Year-Over-Year Change: --

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.