Home Insurance in Redmond, Oregon
With a median home value of $462,500, Redmond is 29% lower than the Deschutes County median.
The typical home in Redmond was built around 2002. About 8% of homes were built before 1960, about 2 points above Deschutes County's 6%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Redmond, the housing stock is 78% single-family homes, 10% apartments in buildings with 5+ units and 3% mobile or manufactured homes.
73% of owner-occupied homes in Redmond carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 64% of occupied homes in Redmond are owner-occupied. The vacancy rate is 3%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Redmond, 48% of homes are primarily heated with natural gas.
Deschutes County's top FEMA-rated hazard is wildfire (Relatively High), per FEMA's National Risk Index. Deschutes County had 155 active NFIP flood policies as of September 2026. See the full Deschutes County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Oregon, the statewide average premium for a standard HO-3 homeowners policy is $1,003 per year (NAIC, 2023 data).
Key figures
| Median home value | $462,500 |
|---|---|
| Median year built | 2002 |
| Owner-occupied share | 64% |
| Share of owner-occupied homes with a mortgage | 73% |
| Top county hazard | Wildfire (Relatively High) |
| Active NFIP policies in Deschutes County | 155 |
| Home insurance premium | $1,003 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)