Market Overview
Home Prices in Red Rock, AZ
The median home value in Red Rock, AZ is $291,732 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.6% compared to a year ago and down 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Red Rock are priced29% below average. Red Rock is part of the Phoenix-Mesa-Chandler, AZ metro area.
Over the past five years, Red Rock home values have risen by approximately12.0%, reflecting steady appreciation in this market.
Price History
Red Rock Home Price Trend
City Comparison
Red Rock vs. National Median
At $291,732, homes in Red Rock cost 29% below the national median of $410,000. This makes Red Rock a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Red Rock?
20% Down Payment
$58,346
on $291,732
Monthly P&I
$1,522/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,933/mo
incl. taxes & insurance
Income Needed
$77,320
gross annual (30% rule)
10% Down Option
$29,173
+ PMI applies
Loan Amount (20% dn)
$233,386
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Red Rock, AZ?
The median home value in Red Rock is $291,732 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.6% year-over-year.
How much have home prices changed in Red Rock?
Over the past year, home values in Red Rock have decreased by 2.6%. Over five years, prices have risen approximately 12.0%.
How much do I need to earn to buy a home in Red Rock?
To comfortably afford the median home price of $291,732 with a 20% down payment ($58,346) at today's rates (6.8%), you'd need a gross annual income of approximately $77,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Red Rock compare to the national average home price?
The national median home value is approximately $410,000. At $291,732, homes in Red Rock are 29% below the national average.
What metro area is Red Rock part of?
Red Rock is part of the Phoenix-Mesa-Chandler, AZ metropolitan area. Home prices and market conditions can vary across the broader metro region.