Red Rock, AZ—85145
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Red Rock, AZ
As of Oct '25, the median home price in Red Rock, AZ is $295,000, with a year-over-year change of -2.4%. This indicates that home prices in Red Rock, AZ are decreasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $295,000 | -2.4% |
| Single Family | $294,000 | -2.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $279,000 | -3.1% |
4 Bed | $299,000 | -2.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Red Rock, AZ
As of July '25, Rentcast reports the average rent in Red Rock, AZ is $1,610, with a year-over-year rent change of -3.6%. Per bedroom, the median rent as of July '25 in Red Rock, AZ is 2-bedrooms: $1,500, 3-bedrooms: $1,540, 4-bedrooms: $1,720. The most common rental property sizes in Red Rock, AZ are 4-bedroom and 3-bedroom, accounting for 56.5% and 43.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,610 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,500 | $1,500 |
| 3 Bed Rent | $1,600 | $1,540 |
| 4 Bed Rent | $1,100 | $1,720 |
% of Rental Stock
Property Listings — Red Rock, AZ
As of Oct '25, Realtor.com reports that the median days on market for a home in Red Rock, AZ is 79. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $309,000 | -4.0% |
Listing Count | 68 | 6.0% |
| Listings as % of Homes | 2.6% | 6.0% |
Days on Market | 79 | 0.0% |
Demographics — Red Rock, AZ
As of the latest ACS Survey released in 2023, Red Rock, AZ has a population of 3,240, which has decreased by -13.8% over the past 5 years. Red Rock, AZ is a moderately popular place for families, as children make up 24.2% of the population. The area has a moderately educated workforce, with 30.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,240 | -13.8% |
% Under 18 | 24.2% | -42.5% |
% Seniors | 14.8% | 377.4% |
% WFH | 8.7% | 148.6% |
% w/ College Degree | 30.8% | 17.1% |
As of the latest ACS Survey released in 2023, Red Rock, AZ is a predominantly white area, with 70.5% of the population identifying as white. The white population has grown by 4.9% in the last 5 years. The second most common race or ethnicity in Red Rock, AZ is hispanic, making up 19.7% of the population. Foreign-born residents account for 6.4% of the population in Red Rock, AZ, and this percentage has increased by 36.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 70.5% | 4.9% |
% Black | 0.0% | -100.0% |
% Hispanic | 19.7% | -28.4% |
% Asian | 1.8% | 350.0% |
% Foreign Born | 6.4% | 36.2% |
Mortgage and Risk — Red Rock, AZ
According to HUD data as of 2023, there were 189 mortgage originations in Red Rock, AZ, of which 42.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 58.0% above 90% LTV (very high). This implies large mortgage risk in Red Rock, AZ. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 189 |
% Conventional Loans | 42.0% |
% Government Loans | 58.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Red Rock, AZ
Red Rock, AZ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 5.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,680 |
| 2 Bedroom | $450 | $1,500 | $1,950 |
| 3 Bedroom | $1,020 | $1,600 | $2,620 |
| 4 Bedroom | $1,830 | $1,100 | $2,930 |
Affordability — Red Rock, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $295,000 |
| Median Household Income | $79,200 |