Market Overview
Home Prices in Redwater, TX
The median home value in Redwater, TX is $180,512 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.5% compared to a year ago and down 4.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Redwater are priced56% below average. Redwater is part of the Texarkana, TX-AR metro area.
Price History
Redwater Home Price Trend
2022
$187,471
$187K
—
2023
$178,676
$179K
-4.7%
2024
$178,460
$178K
-0.1%
2025
$171,163
$171K
-4.1%
2026
$180,512
$181K
+5.5%
City Comparison
Redwater vs. National Median
🏠 Redwater
$180,512
National Median
$410,000
At $180,512, homes in Redwater cost 56% below the national median of $410,000. This makes Redwater a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Redwater?
20% Down Payment
$36,102
on $180,512
Monthly P&I
$941/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,195/mo
incl. taxes & insurance
Income Needed
$47,800
gross annual (30% rule)
10% Down Option
$18,051
+ PMI applies
Loan Amount (20% dn)
$144,410
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 Redwater, TX?
The median home value in Redwater is $180,512 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.5% year-over-year.
How much have home prices changed in Redwater?
Over the past year, home values in Redwater have increased by 5.5%.
How much do I need to earn to buy a home in Redwater?
To comfortably afford the median home price of $180,512 with a 20% down payment ($36,102) at today's rates (6.8%), you'd need a gross annual income of approximately $47,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Redwater compare to the national average home price?
The national median home value is approximately $410,000. At $180,512, homes in Redwater are 56% below the national average.
What metro area is Redwater part of?
Redwater is part of the Texarkana, TX-AR metropolitan area. Home prices and market conditions can vary across the broader metro region.