Red Rock, TX—78662
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Red Rock, TX
As of Nov '25, the median home price in Red Rock, TX is $454,000, with a year-over-year change of -5.2%. This indicates that home prices in Red Rock, TX are decreasing. According to Zillow, the 1-year price projection is -1.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $454,000 | -5.2% |
| Single Family | $455,000 | -5.2% |
| 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 | $455,000 | -3.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Red Rock, TX
As of July '25, Rentcast reports the average rent in Red Rock, TX is $1,320, with a year-over-year rent change of -32.0%. Per bedroom, the median rent as of July '25 in Red Rock, TX is 1-bedrooms: $992, 3-bedrooms: $1,650. The most common rental property sizes in Red Rock, TX are 3-bedroom and 2-bedroom, accounting for 78.7% and 21.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,320 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,000 | $992 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,550 | $1,650 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Red Rock, TX
As of Nov '25, Realtor.com reports that the median days on market for a home in Red Rock, TX is 96. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $475,000 | -10.0% |
Listing Count | 10 | 3.0% |
| Listings as % of Homes | 0.6% | 3.0% |
Days on Market | 96 | -6.0% |
Demographics — Red Rock, TX
As of the latest ACS Survey released in 2023, Red Rock, TX has a population of 3,150, which has increased by 36.9% over the past 5 years. Red Rock, TX is a moderately popular place for families, as children make up 20.4% of the population. The area has a poorly educated workforce, with 13.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,150 | 36.9% |
% Under 18 | 20.4% | 45.7% |
% Seniors | 18.3% | 6.4% |
% WFH | 15.9% | 695.0% |
% w/ College Degree | 13.2% | -27.9% |
As of the latest ACS Survey released in 2023, Red Rock, TX is a predominantly white area, with 94.6% of the population identifying as white. The white population has grown by 8.5% in the last 5 years. The second most common race or ethnicity in Red Rock, TX is hispanic, making up 3.7% of the population. Foreign-born residents account for 0.0% of the population in Red Rock, TX, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.6% | 8.5% |
% Black | 0.0% | -100.0% |
% Hispanic | 3.7% | -64.8% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Red Rock, TX
According to HUD data as of 2023, there were 27 mortgage originations in Red Rock, TX, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Red Rock, TX. Investor activity is low, as 4.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 27 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Rentals and Section 8 — Red Rock, TX
Red Rock, TX lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $480 | $1,000 | $1,480 |
| 2 Bedroom | N/A | N/A | $1,740 |
| 3 Bedroom | $680 | $1,550 | $2,230 |
| 4 Bedroom | N/A | N/A | $2,560 |
Affordability — Red Rock, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $454,000 |
| Median Household Income | $95,200 |