Market Overview
Home Prices in Redvale, CO
The median home value in Redvale, CO is $453,059 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.3% compared to a year ago and up 2.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Redvale are priced11% above average. Redvale is part of the Montrose, CO metro area.
Over the past five years, Redvale home values have risen by approximately21.3%, reflecting strong long-term appreciation in this market.
Price History
Redvale Home Price Trend
City Comparison
Redvale vs. National Median
At $453,059, homes in Redvale cost 11% above the national median of $410,000. Buyers in Redvale should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Redvale?
20% Down Payment
$90,612
on $453,059
Monthly P&I
$2,363/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,001/mo
incl. taxes & insurance
Income Needed
$120,040
gross annual (30% rule)
10% Down Option
$45,306
+ PMI applies
Loan Amount (20% dn)
$362,447
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 Redvale, CO?
The median home value in Redvale is $453,059 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.3% year-over-year.
How much have home prices changed in Redvale?
Over the past year, home values in Redvale have increased by 3.3%. Over five years, prices have risen approximately 21.3%.
How much do I need to earn to buy a home in Redvale?
To comfortably afford the median home price of $453,059 with a 20% down payment ($90,612) at today's rates (6.8%), you'd need a gross annual income of approximately $120,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Redvale compare to the national average home price?
The national median home value is approximately $410,000. At $453,059, homes in Redvale are 11% above the national average.
What metro area is Redvale part of?
Redvale is part of the Montrose, CO metropolitan area. Home prices and market conditions can vary across the broader metro region.